Louisiana regulator votes in favor of AT&T/T-Mobile merger

Reuters News
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Posted: Jul 27, 2011 3:51 PM

WASHINGTON (Reuters) - The Louisiana Public Service Commission voted on Wednesday in favor of AT&T Inc's <T.N> $39 billion bid for T-Mobile USA.

The commission, which regulates utility and transportation companies in Louisiana, said it voted 4 to 1 to recommend the merger be approved.

Louisiana is the second state to conclude a review of the deal and opt not to oppose AT&T's purchase of T-Mobile USA from Deutsche Telekom AG <DTEGn.DE>. Arizona also approved the transaction, while California, West Virginia and Hawaii continue their reviews.

"Support for our merger is broad, it is deep and it continues to grow," an AT&T spokesman said of Louisiana's decision.

The deal ultimately requires approval from the Federal Communications Commission and Justice Department.

(Reporting by Jasmin Melvin; editing by Carol Bishopric)