Saturday, October 21, 2006

AT&T & BellSouth

AT&T Inc. executives reiterated a series of proposals on Friday to win final regulatory approval for its acquisition of BellSouth Corp., but the company did not publicly offer any new incentives aimed at swaying critics of the merger.

One week ago, the Federal Communications Commission postponed its vote on AT&T's $80 billion purchase of BellSouth until Nov. 3, after the agency's two Democrats demanded concessions from the two phone companies.