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Industry: Email Alert RSS FeedFederal Communications Commission - approves Qwest's acquisition of US West - Company Business and Marketing - Brief Article
CommunicationsWeek International, March 20, 2000
The Federal Communications Commission has approved long-distance carrier Qwest Communications International Inc.'s $36 billion acquisition of regional carrier US West Inc., subject to a planned sell-off of some long-distance customers. The merger, which had been under pressure from a now-abandoned bid by Deutsche Telekom, has already been approved by shareholders and the Justice Department.
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The regional Bell operating company is still barred under the 1996 Telecoms Act from offering long-distance service until it proves it has opened its local market to competition from rivals.
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