It has been recently revealed that there has been a major blow received by the merger deal of AT&T and T-Mobile companies. This has come in the form of the FCC report which is of the view that it wouldn’t be a feasible decision to bring these two firms together as it would hamper the competition and also bring down the innovation levels of the firms in the ordeal.

They were also of the view that the service as well as consumer benefits also will come down and the investments shall also have to suffer due to the merger. The report also lashed out at the two companies for making statements about the merger, that would lead to people believing the merger, was useful.

“The staff finds the applicants' assertions that the transaction would create jobs in the United States to be inconsistent with AT&T's internal analyses and record statements concerning cost reductions from the merger”, revealed the report.

It was revealed by Jim Cicconi, the Chief Counsel of AT&T that the commission shouldn’t have released such a report and that it is extremely troublesome for both the firms.

He further added that it is simply a staff draft, and not something that has been yet approved by the administration and this was further intrusive of why the FCC had to go to the extent of making such a statement.

It’s a matter of time to see who wins the battle between the counsel and the FCC and whether or not the firm will be able to move forward with their merger, and give the people what they have been promised. The deal for now remains to be shady and the benefits or disadvantages of the same are also shady.