AT&T May Get FCC Approval Today
Posted by Edward G. Lanza, Esq. on 29 Dec 2006 | Tagged as: General
AT&T has offered a new set of concessions that are expected to satisfy the two Democrats on the Federal Communications Commission and lead to approval of the company’s $85 billion buyout of BellSouth.
Approval by the full commission could happen as soon as Friday.
AT&T filed a letter of commitment with the agency Thursday night that adds a number of new conditions to the deal, including a promise to observe “network neutrality” principles, an offer of affordable stand-alone digital subscriber line service and divestment of some wireless spectrum.