Go Symbol Lookup
Loading...

FCC's McDowell Won't Vote on AT&T-BellSouth Merger

 Text Size  
Published: Monday, 18 Dec 2006 | 5:46 PM ET
By: AP

AT&T proposed buyout of BellSouth was thrown into doubt when Robert McDowell, a member of the Federal Communications Commission and a former telecommunications industry lobbyist, said he is excluding himself from participation in the agency's deliberations on the deal.

McDowell has said previously that he would not vote because he once worked for an association that represents competitors to the two telephone carriers.

McDowell's personal disqualification means that the nation's largest telecommunications merger is stuck at a presumed 2-2 deadlock. He said he hoped that his fellow commissioners "will come back to the negotiating table in good faith to offer meaningful concessions."

The acquisition has been hung up because the two Democrats on the commission, Michael Copps and Jonathan Adelstein, have insisted that AT&T agree to conditions, including some allowances on the issue of network neutrality.

FCC General Counsel Samuel Feder recently submitted a letter clearing McDowell to participate, but the commissioner made it clear the letter did not make him feel comfortable enough to do so.

 Print
AT&T proposed buyout of BellSouth was thrown into doubt when Robert McDowell, a member of the FCC and a former telecommunications industry lobbyist, said he is excluding himself from participation in the agency's deliberations on the deal.
  Price   Change %Change
T ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

U.S. Video

  • Arthur Laffer, chairman, Laffer Associates, discusses the falling deficit and why some people are saying the deficit is being cut too fast.

  • Howard Dean (D) former VT Governor, and Sean Spicer, Republican National Committee, discuss the IRS scandal, the AP phone records issue, Benghazi talking points, and missing terrorists.

  • Seema Mody reports on Apple CEO Tim Cook's statement that corporate taxes are too high, ahead of his Congressional testimony next week. With Dean Garfield, Information Technology Industry Council, and Arthur Laffer, Laffer Associates chairman.