Will FCC call Bells' number? (regulations on Bell Regional Holding Companies' equity stake in cable television systems)

Multichannel News, July, 1992 by Aversa, Jeannine

WASHINGTON - The Federal Communications Commission wrestled last week with the question of how much of an equity stake it should permit telephone companies to take in program companies or in cable systems inside their service areas, sources close to the FCC said. The FCC is expected to unveil at its meeting on Thursday a new set of rules that will allow telephone companies to provide so-called "video dial tone" service on a common-carrier basis without a cable franchise.

Those new rules are expected to contain provisions permitting phone companies to take non-controlling financial stakes - possibly at the 5 percent level - in programming and in cable systems inside their service areas, according to sources inside and outside the agency. The...

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