Internet assets muddle MCI-Sprint deal

Article Abstract:

MCI WorldCom's $115-billion acquisition of Sprint Corp is facing opposition from regulators because of the companies' Internet holdings. The firms, the No. 2 and No. 3 long-distance operators in the US, also controls 50% and 18% of the world's Internet traffic. Critics of the proposed deal are saying that control by a single company over such a huge portion of the Internet would be anti-competitive.

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AT&T may have to give up Liberty to get MediaOne

Article Abstract:

AT&T may be forced to sell Liberty Media once its $60-billion acquisition of MediaOne gets regulatory approval. Selling Liberty Media would allow MediaOne to retain its 25% stake in Time Warner Entertainment. The combined market share of AT&T, MediaOne and Time Warner would exceed the FCC's 30% limit. The cap is aimed at preventing one or two companies from dominating any market. The FCC is reportedly not receptive to AT&T's suggestion to sell small pieces of its cable system since it would still own three of the top four systems.

Cable Television Systems, Cable Networks, AT&T Corp., Cable television broadcasting industry, Cable television, Long distance telephone services, MediaOne

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FCC staff may advise blocking WorldCom-Sprint deal

Article Abstract:

WorldCom's $115 billion acquisition of Sprint should be disapproved, the staff of the Federal Communications Commission is expected to recommend. Sources also say the Justice Department is inclined to block the the biggest merger in the history of the telecommunications industry. Regulators are concerned that the merger will create a monopoly in the long-distance and Internet markets.

Telephone Communications

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