FCC Delays Vote on AT&T-BellSouth; Deal
From Reuters
A Federal Communications Commission vote on AT&T; Inc.’s purchase of BellSouth Corp. was postponed again as internal debate led the agency to seek 10 days of public comment on possible conditions for the $80-billion deal.
The FCC vote, the last hurdle to the deal that would bolster AT&T;’s position as the largest U.S. telephone carrier, had been delayed from Thursday.
The Justice Department’s antitrust division backed the deal Wednesday without conditions, infuriating consumer advocates and competitors.
