NorthPoint Communications.(NorthPoint Communications board member Hundt hopes for FCC approval of merger w/ Verizon)(Brief Article)
Multichannel News, October, 2000 by Umstead, R. Thomas
When he was Federal Communications Commission chairman, Reed Hundt had three words for AT&T Corp. when it wanted to buy SBC Communications Inc.: Forget about it Today, Hundt is a stock-options millionaire who serves on the board of NorthPoint Communications, a DSL provider that needs FCC approval to merge with one of its main rivals: Verizon Communications.
Maybe Hundt's personal stake in a merger explains the new attitude he expressed in a recent interview with Web site Techcentralstation.com. Asked about the WorldCom Inc.-Sprint Corp. merger, which the Justice Department killed, he said: "That should have been pronounced OK." Does the AOL-Time Warner merger, under intense review by the FCC and the Federal Trade Commission, threaten competition? Hundt: "No,...
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