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FCC conditionally approves Cingular-AT&T Wireless merger

[JURIST] The Federal Communications Commission Tuesday approved the proposed merger of Cingular and AT&T Wireless, only a day after the acquisition was OK'd by the Department of Justice (see this Paper Chase report). The conditional approval clears the way for the $41 billion plan, which will make Cingular the largest wireless phone provider in the US. FCC commissioners approved the merger unanimously with some conditions attached, including the sale of AT&T Wireless systems and airwaves in 16 markets and the sale of airwaves in counties around the country. Cingular has a press release on the merger. An FCC press release [PDF] is also available. Documents related to the FCC adjudication, including statements from each commissioner, are available here (scroll down). Read the complete FCC order [PDF]. Reuters has more.

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Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

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