Qwest-U S West merger cleared by FCC if they meet conditions
Article Abstract:
In spite of Deutsche Telekom AG's withdrawal of its acquisition offer for both companies, Qwest Communications International Inc. and U S West Inc. are going through with their plans to merge. The merger has received conditional approval from the FCC, with final approval expected after Qwest divests its long-distance services currently in U S West's territory.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2000
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FCC weighs unusual limit on SBC deal
Article Abstract:
The Federal Communications Commission may require SBC Communications Inc. and Ameritech Corp. to offer local telephone and high-speed Internet services outside of their traditional territories in exchange for FCC approval allowing the Baby Bells to merge. Though the companies and the regulatory agency wouldn't comment on details of the possible settlement, SBC has agreed to provide local phone service beyond its market, one of about two dozen conditions imposed on the $78 billion acquisition of Ameritech.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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AT&T-BT venture gets security review; Justice Department, FBI delay approval of pact; wiretap access sought
Article Abstract:
The Justice Department and the Federal Bureau of Investigation are delaying AT & T and British Telecommunications plans for a $10 billion venture that may effect law enforcement and national security. Federal agencies want freedom of access to telecommunication networks for wiretapping services. And ventures with foreign companies provoke concern about monitoring by foreign governments. European regulators have approved the venture. The Federal Communications Commission has finished their review of the deal and the two companies hope they can cement their venture by October.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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