Telecom Merger-O-Rama: AT&T Concedes

Image courtesy of Final approval requires a vote, which can happen at any time via computer. This would be the largest telecom merger in U.S. history. —MEGHANN MARCO

AT&T really wants to merge with BellSouth. From Yahoo!:

    “AT&T filed a letter of commitment with the [Federal Communications Commission] Thursday night that adds a number of new conditions to the deal, including a promise to observe ‘network neutrality’ principles, an offer of affordable stand-alone digital subscriber line service and divestment of some wireless spectrum.”

Final approval requires a vote, which can happen at any time via computer. This would be the largest telecom merger in U.S. history. —MEGHANN MARCO

AT&T Compromise May Get Merger Approved [Yahoo! via Slashdot]