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Microcap & Penny Stocks : IATV - ACTV Interactive Television
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To: JackSkip who wrote (4283)2/2/1999 4:43:00 PM
From: JackSkip  Read Replies (1) of 4748
 
U.S. Likely To Approve AT&T, TCI Deal Soon
04:07 p.m Feb 02, 1999 Eastern
WASHINGTON (Reuters) - The Federal Communications Commission is expected to approve within two weeks AT&T Corp.'s $48 billion purchase of cable giant Tele-Communications Inc., after the agency's staff recently backed the merger, sources familiar with the staff report said Tuesday.

The staff recommendation, which will be voted on by the agency's five commissioners, did not suggest that AT&T and TCI be required to grant open access to their new high-speed Internet service to competitors, as some Internet companies had advocated, the sources said.
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