approval

 

FCC Again Delays Decision on AT&T-BellSouth Merger

The FCC late Thursday said it would not consider the pending $80 billion merger of AT&T Inc. and BellSouth Corp. at its Nov. 3 meeting. Three weeks earlier, on Oct. 13, the agency also had delayed consideration of the matter. Thursdays notice came as little surprise to the industry; speculation had run rampant all week that […]

ROUND TABLE

… On the Justice Departments approval of the AT&T Inc.-BellSouth Corp. merger, with no conditions(see related story) … The presence of other competitors, changing regulatory requirements and the emergence of new technologies in markets for residential local and longdistance service indicate that this transaction is not likely to harm consumer welfare. The proposed acquisition does […]

AT&T-BellSouth Merger Hits Hurdles

WITH THE FCCS APPROVAL of the AT&T Inc.-BellSouth Corp. merger in mid-October fraught by last-minute deal-brokering and controversy, agency Chairman Kevin J. Martin canceled consideration of the transaction altogether until November. He said he was responding to concerns voiced by Democratic Commissioners Michael J. Copps and Jonathan S. Adelstein, although other factors likely came into […]

MegaPath Invests in DSL.net With Option to Acquire

MegaPath Inc., a provider of VPN solutions and other managed IP services to businesses nationwide, announced it has made a strategic investment in DSL.net Inc. which will allow MegaPath to acquire substantially all of the equity of DSL.net upon receiving regulatory and shareholder approval. This acquisition, which involves additional funding from existing MegaPath investors, would […]

Lucent Wins Auction for Riverstone Business

Riverstone Networks Inc. announced Lucent Technologies as the winner of the auction for the sale of Riverstone’s business. Lucent’s final bid was $207 million in cash, as well as certain modifications to the Asset Purchase Agreement originally signed by the parties on February 7, 2006. The terms are subject to final approval by the U.S. […]

Verizon Receives Final States Approval for MCI Buyout

The Washington Utilities and Transportation Commission (WUTC) on Friday gave its blessing to the merger of Verizon Communications Inc. and MCI Inc. Washington State was the final hurdle for the companies to overcome; regulators approval sets the stage for Verizon to close its acquisition of MCI in early January. Verizon and MCI now have received […]

Calif. PUC Approves Megamergers, ‘New AT&T’ Launches

California regulators today approved the $8.4 billion merger of Verizon Communications Inc. and MCI Inc., and the $16 billion takeover of AT&T Corp. by SBC Communications Inc., but not without imposing some conditions. The consent was the last in a series of required steps for the mergers to go through, and SBC said the approval […]

Megamergers a Go: FCC Approves Verizon-MCI, SBC-AT&T Combinations

The FCC today approved the merger of Verizon Communications Inc. and MCI Inc. and the SBC Communications Inc. takeover of AT&T Corp. The Department of Justice late last week also gave the transactions its stamp of approval; todays FCC approval clears the way for the four companies to complete the deals. The FCC was scheduled […]

Comarch Earns Approval of Swiss in&phone

Comarch (Booth 1247), a global provider of OSS/BSS has been chosen by the Swiss GSM Operator in&phone to implement its billing and network management platforms. With campusGSM, in&phone makes employees in largescale enterprises and administrations mobile in buildings and on their campuses. Comarch software is enabling better time-to-market, facilitating the launch of new services and […]

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