Fergie's Tech Blog

FCC Delays AT&T-BellSouth Merger Vote Again

A Reuters newswire article, via CNN/Money, reports that:

The Federal Communications Commission on Thursday delayed a vote on AT&T Inc.'s purchase of BellSouth Corp., the third such postponement, reflecting a bitter clash between Republican and Democratic members of the agency.

FCC commissioners had been scheduled to vote on the deal at their Friday meeting.

Republican FCC Chairman Kevin Martin has been trying to broker a compromise with the two Democratic commissioners, but for three weeks they have been unable to reach a consensus for approving the $82.2 billion transaction.

posted by Fergie @ 11/02/2006 05:54:00 PM