Two multibillion-dollar telecom mergers could clear their final federal hurdle today and be approved, with conditions, by the Federal Communications Commission. SBC Communications, which is buying AT&T, and Verizon, which is buying MCI, were close Sunday night to agreeing to concessions aimed at promoting competition and preventing the companies...
WASHINGTON AFP — The Federal Communications Commission approved SBC Communications' acquisition of AT and T Corp. and Verizon's purchase of MCI, increasing the size of the two largest US telecom groups. The FCC's four commissioners -- one seat is vacant -- voted just days after antitrust reviewers at the...
WASHINGTON -- The nation's two biggest local phone companies received approval Thursday from antitrust regulators to buy the two largest long-distance carriers in multibillion-dollar mergers that would change the landscape of the telecommunications industry. The Justice Department cleared the mergers of SBC Communications Inc. with AT&T and of...
WASHINGTON AFP — The US Justice Department approved the telecommunications industry mega-mergers of Verizon with MCI and SBC Communications with AT&T, subject to the divestiture of some operations by both groups. The approvals clear a major hurdle to the deals that create two telecom powerhouses in the United States....
Two big mergers that will reshape the telecom industry appear set to clear major hurdles as early as this week. SBC Communications tentatively has agreed to a key concession to win antitrust approval for its purchase of AT&T, and Verizon has done the same for its merger with MCI,...
As federal regulators weigh what, if any, conditions to impose on two mammoth phone company mergers, they face a vexing Rubik's cube of possibilities. Any requirements they attach to SBC Communications' acquisition of AT&T and Verizon's purchase of MCI could force some customers to do business with a telecom...
Washington -- Within a few days of filing some paperwork and putting up a bond, phone companies would be able to waltz into cable markets and offer video programming with minimal local interference, according to House draft legislation circulated last week. In...
Net Neutrality Also in House Proposal Washington-- Within a few days of filing some paperwork and putting up a bond, phone companies would be able to waltz into cable markets and offer video programming with minimal local interference, according to House draft legislation circulated last...
This time the telcos mean it. Years ago, phone company leaders promised to invade cable markets with the latest in pay-video technology. Some did, rolling out hybrid fiber coaxial and wireless networks here and there. But those efforts were tentative at best and ultimately collapsed. ...
Bill Could Be Back on the Table at Second Special Session Like the regular session before it, a special session of the Texas legislature that was considering a much-watched statewide franchise bill supported by Verizon Communications Inc. timed out July 20 at midnight. ...
The Texas legislature let a number of telecom-related bills slide into the Ether as the state body adjourned its 79th legislative session (not to reconvene for a traditional two-year period - early 2007) after members of the Austin capitol's House and Senate regularly counter-amended and counterpointed ...
The ferocious effort by U.S. telephone companies employing DSL to catch up with cable broadband installations has brought DSL additions neck-and-neck with cable additions, according to a report released Wednesday. The Leichtman Research Group reported that broadband installations now total more than 33.2...
BEGIN VIDEOTAPE ANNOUNCER: From New York City, America's financial capital. This is IN THE MONEY. END VIDEOTAPE JACK CAFFERTY, HOST: Welcome to the program. I'm Jack Cafferty. Coming up on today's edition...
Will former telecom heavyweight AT&T be gobbled up by a Baby Bell? Reports quoting unnamed executives say that San Antonio, Texas-based SBC Communications may acquire its Bedminster-based progenitor for $15 billion. AT&T spokesman Jim Byrnes says he "cannot comment on what is considered to be a rumor." SBC was spun...
NEW YORK AFP — SBC Communications is in talks to to buy AT and T Corp. for more than 15 billion dollars in a deal that could see the end of the once-dominant telecom firm known as Ma Bell, published reports said. Such an acquisition would create the United...
NEW YORK AFP — In what could spell the end of an American corporate icon, SBC Communications was reported to be in talks to buy AT&T Corp. Such an acquisition would close the books on one of the greatest corporate empires ever built, the company once known as "Ma...
Michigan Chronicle 01-25-2005 SBC Communications Inc. has announced that the SBC Foundation, the charitable giving arm of SBC Communications, will provide up to $2 million in funds to assist disaster relief in areas affected by the recent earthquake and tsunami in South Asia,...
By Sanford Nowlin, San Antonio Express-News Knight Ridder/Tribune Business News Dec. 16--Federal regulators Wednesday approved rules that would phase out discounts the four regional Bell phone companies must offer rivals that pay to use their networks. A divided Federal...
Michigan Chronicle 11-23-2004 SBC Communications Inc. recently announced that it will dramatically accelerate its plan to build a new fiber-optics network into neighborhoods, providing 18 million households super high-speed data, video and voice services in two to three years, rather than five years...
* Voice over IP is one of the most talked-about technology trends of 2004 and, in contrast to a few years ago when it had its last hype wave, products are available that can actually deliver enterprise class telephony. Although most of the chat in recent months has been about...
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