NEWS Federal Communications Commission 445 12th Street, S.W. Washington, D. C. 20554 This is an unofficial announcement of Commission action. Release of the full text of a Commission order constitutes official action. See MCI v. FCC. 515 F 2d 385 (D.C. Circ 1974). News Media Information 202 / 418-0500 Internet: http://www.fcc.gov TTY: 1-888-835-5322 FOR IMMEDIATE RELEASE: NEWS MEDIA CONTACT: November 29, 2011 Neil Grace (202) 418-0506 Email: neil.grace@fcc.gov Statement of FCC Chairman Julius Genachowski on Proposed AT&T/T-Mobile Transaction “Competition is the engine of our free market economy and a cornerstone of the FCC’s mandate. Our review of this merger has had a clear focus: fostering a competitive market that drives innovation, promotes investment, encourages job creation, and protects consumers. These goals will remain the focus if any future merger application is filed.” --FCC-- News and other information about the FCC is available at www.fcc.gov