In a move that could have significant implications for the tech industry, AT&T and T-Mobile are opposing the Federal Communications Commission's (FCC) proposal to require mobile carriers to unlock phones within 60 days of activation. The two major carriers argue that such a rule would increase prices, reduce financing options, and lead to greater fraud.

The FCC's proposal, announced in June, aims to give consumers more freedom and flexibility to switch their phones to another compatible carrier. However, AT&T and T-Mobile claim that unlocking phones too soon would hurt consumers, particularly those in low-income households, by making handsets less affordable. They also contend that the proposed rule would fail to foster greater competition in the wireless market.

Verizon, on the other hand, has expressed its support for the FCC's proposal, citing the need to limit fraud and enable device subsidies. Several consumer groups have also voiced their support for the plan, arguing that it would increase consumer choice, lower costs, and improve competition in the wireless market.

The FCC must now weigh the arguments from both sides and decide whether to implement the new policy. The decision could have far-reaching consequences for the tech industry, affecting the way carriers operate and the options available to consumers.