new news......
Fcc's abernathy:no rush on cingular-at&t wireless
WASHINGTON (Dow Jones)--Federal Communications Commission member Kathleen Abernathy said Thursday that FCC consideration of the proposed merger between Cingular Wireless and AT&T Wireless Services Inc. (AWE) could take weeks rather than days.
The regulatory agency's consideration of the tie-up would take "more than a couple of days," Abernathy said at a briefing with reporters, estimating the time needed to make a decision as a matter of weeks, rather than months.
"I think it would be a mistake for any of us to take it lightly. It's a complex merger," she said.
Cingular announced plans to buy AT&T Wireless on Feb. 17 for about $41 billion in a deal that would create the nation'...
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WASHINGTON (Dow Jones)--Federal Communications Commission member Kathleen Abernathy said Thursday that FCC consideration of the proposed merger between Cingular Wireless and AT&T Wireless Services Inc. (AWE) could take weeks rather than days.
The regulatory agency's consideration of the tie-up would take "more than a couple of days," Abernathy said at a briefing with reporters, estimating the time needed to make a decision as a matter of weeks, rather than months.
"I think it would be a mistake for any of us to take it lightly. It's a complex merger," she said.
Cingular announced plans to buy AT&T Wireless on Feb. 17 for about $41 billion in a deal that would create the nation'...
(continues)
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