The FCC is likely to delay until late October approval of two major telecom mergers, according to agency sources. Chairman Kevin Martin is pressing agency staff to draft orders approving SBC Communications' proposed $16 billion purchase of AT&T and Verizon Communications' $6.75 billion union with MCI. Martin hopes to schedule a vote to approve his merger plan by Oct. 12, but sources say the meeting is likely to be pushed back while commissioners barter over conditions.
October 03, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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