Publié le par Jean Arnal

A major hurdle in the ATT-Bellsouth merger has been cleared with the Department of Justice decision to approve the merger plan, without any competitive or consumer conditions . The final hurdle will be to get the FCC approval. The vote was scheduled for Friday, but finally was delayed probably until Nov.3. FCC is split 50/50 due to the non participation of Republican Commissioner Robert McDowell for ethical reasons. ATT, however, is willing to accept some conditions in order to push the deal through quickly, and certainely before the Nov. 7 midterm elections, fearing a Democrat push and additional complications. 

Publié dans Top stories

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