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AT&T CEO Randall Stephenson accused congress of having “an ill-formed regulatory policy when it comes to wireless carriers” at an event held in New York on Thursday. Speaking during an interview with Bloomberg, Stephenson also said, “Regulators can’t keep up with the changes in the industry.” He said that if the government successfully blocks the deal, it will only lead to higher prices for consumers, because AT&T won’t have the capacity needed to handle data traffic volumes as they grow.


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