FCC Chairman William Kennard last week predicted that AT & Ts merger with MediaOne Corp. would be approved "within a matter of days," but
FCC Chairman William Kennard last week predicted that AT & T's merger with MediaOne Corp. would be approved "within a matter of days," but other FCC sources say the commissioners are not close to a resolution. The merger was removed from the agency's May meeting, which is being held today. Some commissioners are balking at Cable Bureau recommendations that would force AT & T to sell its 25% stake Time Warner's cable subsidiary or divest investments in programmers that sell to Time Warner systems.
Broadcasting & Cable Newsletter
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.