FCC Commissioner once again excuses himself from AT&T-Bellsouth vote
Posted Dec 20th 2006 9:13AM by Brian White
Filed under: Cellular, Government, Regulatory/FCC
Who knows if the pending AT&T-Bellsouth merger will ever be approved by the FCC, and FCC Commissioner Robert McDowell -- again -- officially disqualified himself from consideration of the stalled $79 billion merger of AT&T Inc. and BellSouth Corp..
FCC Chairman Kevin Martin
was once again denied a tie-breaking Republican vote that would have possibly cleared merger before year's end.
Analysts from Stifel, Nicholas & Company said that "We believe this is a setback for AT&T-BellSouth's merger strategy and adds to uncertainty about the proceeding, but we do not expect the deal to be rejected."
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