at&t and bellsouth merger news?
Nothing yet.. still waiting for the FCC to decide on the concessions they would have to make.
...
from what i heard they were split even on approving with few concessions and approving with tons of concessions, one of the people on the committee was abstaining from voting b/c of a possilbe conflict of interest, but rumors are that if they can't work out a compromise they can force him to vote, and he is leaning towards more concessions, that was just an article on CNN i read a couple weeks ago.
...
heres the newest info from USA Today
By Leslie Cauley, USA TODAY
NEW YORK — Robert McDowell, the third Republican on the Federal Communications Commission's five-member panel, said Monday that he will not vote on AT&T's (T) $80 billion purchase of BellSouth (BLS).
His decision leaves intact a deadlock between the two Democrats who want to impose several conditions on the deal, and the other two Republicans, including Chairman Kevin Martin, who favor no conditions.
McDowell, who joined the FCC in June, initially abstained from participating in the AT&T-BellSouth case because he used to lobby for CompTel, a trade group that represents small carriers that oppose the deal.
STORY: FCC votes Wednesday on easing rules for cable TV co...
(continues)
By Leslie Cauley, USA TODAY
NEW YORK — Robert McDowell, the third Republican on the Federal Communications Commission's five-member panel, said Monday that he will not vote on AT&T's (T) $80 billion purchase of BellSouth (BLS).
His decision leaves intact a deadlock between the two Democrats who want to impose several conditions on the deal, and the other two Republicans, including Chairman Kevin Martin, who favor no conditions.
McDowell, who joined the FCC in June, initially abstained from participating in the AT&T-BellSouth case because he used to lobby for CompTel, a trade group that represents small carriers that oppose the deal.
STORY: FCC votes Wednesday on easing rules for cable TV co...
(continues)
...
