Thursday, December 28, 2006

AT&T + BellSouth Deal Closes, Following Last Minute Concessions

The FCC voted 4-to-0 to approve AT&T's acquisition of BellSouth, concluding that the largest telecom merger in U.S. history would offer significant public benefits, including increased competition for video services and the creation of a stronger player in national communication services.The merger was completed immediately following the vote."AT&T will be an engine for innovation, competition, and growth for our customers at home and abroad,"...