CWA Urges FCC to Require Full Financial Disclosure, Long-Term Jobs Commitment, in LLA-AT&T Deal
"Require full disclosure of relevant financial and operational data necessary" to assess whether Liberty Latin America can ensure a smooth transition of service if it takes control of AT&T Mobility Puerto Rico and AT&T Mobility USVI, the Communications Workers of…
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American told the FCC in reply comments posted Monday in docket 19-384. "Deny this transaction as currently structured absent firm long-term employment commitments to ensure adequate staffing and quality service" for customers, it said (see 2001220038). Because the Puerto Rico Telecommunications Regulatory Board isn't evaluating the transaction, CWA said, "it is even more important" the FCC conducts "a full financial analysis of the transaction." The Hedge Clippers economic justice advocacy group in Puerto Rico said the FCC should take into account Puerto Rico's "economic and financial context." A major population decline doesn't bode well for LLA's creditors, customers or workers, it said.