FCC conditionally approves Cingular-AT&T Wireless merger Chris Buell at 12:10 PM ET
[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 Chasereport). 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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