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FCC Chairman Michael Powell said Wednesday he expects the agency to rule on Cingular Wireless LLC's $41 billion acquisition of AT&T Wireless Services Inc. by mid-October. Telecom observers expect regulators to approve the creation of the wireless giant, though the agency may require the companies to divest assets in some markets. The announcement comes as the agency has about two weeks left before the expiration of its informal 180-day window for acting on mergers.
September 17, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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