Order AT and T can live with.(Brief Article)
DOJ demands Road Runner sale for MediaOne
AT&T must sell its stake in cable Internet provider Road Runner as one condition of government approval for the telecom giant's $70 billion merger with MediaOne Group.
The Justice Department's order, which must be approved by a federal court, allows AT&T's deal to clear one of two hurdles for winning federal clearance. AT&T praised the conditions, which are much milder than the order contemplated by the FCC, which should come in a few days.
Justice was concerned about the merger's effects on the broadband
In addition, make sure to read these premium articles also available with your free trial:
- AT&T acquires fast Internet firm.(NorthPoint Communications)(Brief...
- @Home, AOL should work together, Armstrong says.
- AT&T-MediaOne merger approved.(Brief Article)
- Casting a narrow net: Cable Internet services look to local content to...
- Netherlands launch date for cable Net service.
- Paying for the privilege.
- Hanaro agrees to acquire Onse broadband subs.(MERGERS AND...
- US high-speed Net service split up.
- Century Bond to use proceeds for expansion, BUSINESS TIMES
- US cable modem service reorganises.(Brief Article)
Print
Email
Digg It
del.icio.usSponsored Links
Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy
Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
AllBusiness.com, its parent company D&B, and its affiliates.
