AT&T Ready to Bargain

Hearn, Ted
October 2006
Multichannel News;10/23/2006, Vol. 27 Issue 42, p40
The article reports that AT&T will agree to comply with a host of regulatory conditions to gain approval of the BellSouth merger from the Federal Communications Commission (FCC) in Washington, D.C. Accordingly, it was cited that FCC is the major hurdle before AT&T and BellSouth can close the $81 billion transaction. AT&T chairman Ed Whitacre hopes the merged company to roll out advanced video services and fire back at cable companies.


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