Sens. Urge Quick FCC Action on AT&T-TCI.
Multichannel News, October, 1998 by Hearn, Ted
WASHINGTON -- Two U.S. senators are pressuring the Federal Communications Commission to expedite its review of AT&T Corp.'s $48 billion acquisition of Tele-Communications Inc. Sens. Ted Stevens (R-Alaska) and Conrad Burns (RMont.), in an Oct. 10 letter to FCC chairman William Kennard, said speedy approval would give a much-needed boost to local phone competition and permit the combined entity to invest billions of dollars in Internet services.
"We are concerned that consumers do not yet have a choice of providers for their local phone service," the senators wrote. "This merger can help to rectify this." Because Stevens is chairman of the Appropriations Committee (which funds the FCC's annual budget), and Burns is chairman of the Commerce...
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