Fergie's Tech Blog

AT&T, BellSouth Seek U.S. Approval on Wireless Deal

An AP newswire article by Harry R. Weber, via Yahoo! News, reports that:

Allowing the parent companies of Cingular Wireless LLC to merge will help eliminate challenges they now face in managing the nation's largest cell phone provider, AT&T Inc. and BellSouth Corp. said in papers filed with the government Friday.

The two companies formally asked the Justice Department and Federal Communications Commission for approval of their $67 billion deal, which was announced March 5.

Approval requests also were being filed in the states where they do business, and shareholders, too, will have to give their nod to AT&T's planned purchase of BellSouth.

posted by Fergie @ 3/31/2006 03:44:00 PM