FCC Chairman William Kennard last week predicted that AT & Ts merger with MediaOne Corp. would be approved "within a matter of days," but
By BroadCasting & Cable Staff -- Broadcasting & Cable, 5/14/2000 8:00:00 PM
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.
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