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FCC clears both Telecom mergers with conditions


From: David Farber <dave () farber net>
Date: Mon, 31 Oct 2005 17:28:19 -0500



Begin forwarded message:

From: Mark Laubach <mark () inconvenient net>
Date: October 31, 2005 5:18:54 PM EST
To: dave () farber net
Subject: FCC clears both Telecom mergers with conditions


Date: Mon, 31 Oct 2005 14:50:14 -0700 (MST)
From: The Evening Bridge <market_close () mediabiz com>
Subject: FCC Clears Mega Telecom Deals
Sender: bounceback () mediabizcorp co


Subscribe Hot & Not At the Bell PrimeTime Players The Evening Bridge - October 31, 2005 TOP STORY - Earlier today, the Federal Communications Commission cleared two big telecom mergers: SBC's takeover of AT&T and Verizon's acquisition of MCI. The approvals had conditions, including that the two companies, when they combine with their acquisitions, freeze the wholesale prices they charge competitors to lease high-capacity business lines for 30 months. Also, for two years, Verizon and SBC agreed to provide high-speed DSL service to in-region customers without requiring those customers to also purchase circuit-switched voice telephone service.


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