California Says AT&T Can Buy Cricket
The California Public Utilities Commission has concluded its own review of AT&T's proposed acquisition of Leap Wireless. It believes the acquisition would be beneficial to consumers and gave it a greenlight. The deal still needs approval from government regulators, however, including the Federal Communications Commission. The FCC is still reviewing the details.
Europe Approves Nokia's Purchase of Alcatel-Lucent
The European Commission today gave Nokia permission to move forward with its acquisition of rival Alcatel-Lucent. Following its initial review, the Commission approved the deal without placing any conditions on the terms.
FCC Officially Approves AT&T/DirecTV Acquisition
The FCC today gave formal approval to AT&T's proposed acquisition of satellite TV provider DirecTV. The FCC believes that as long as AT&T adheres to the conditions of the deal, it will serve the broader public interest.
Mexican Regulators Approve AT&T's Iusacell Acquisition
Mexico's equivalent of the FTC today approved AT&T's proposed acquisition of provider Iusacell with unknown specifications, reports Reuters. AT&T first proposed the deal last month.
EU Approves Apple's Proposed Beats Acquisition
The European Union has given the green light to Apple's proposed acquisition of Beats Audio. Apple announced its plan to buy the music-focused company earlier this year in a deal valued at about $3 billion.