FCC Likely to Approve AT&T-BellSouth Megamerger by Year's End - UPDATE
Marguerite Reardon writes on the C|Net Broadband Blog:
Word around Washington, D.C. is that the Federal Communications Commission will approve the $84 billion merger between AT&T and BellSouth before the end of the year, which practically speaking could mean by the end of the day Friday.More here.
On Thursday AT&T submitted a letter to the FCC agreeing to stiffer conditions on the merger, including the sell off of certain wireless airwaves in the 2.5 gigahertz band, a special $19.95 per month price tag for stand-alone basic high-speed Internet service and a promise for the next two years to adhere to Net neutrality rules outlined by the FCC.
UPDATE 12/29 16:23 PST: It's a done deal.
posted by Fergie @ 12/29/2006 04:24:00 PM
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