SBC, AT&T pass final merger hurdle

California regulators have approved the merger of telecommunications companies SBC and AT&T. This was the final formal approval the two companies needed to move ahead with the planned transaction.

SBC has now formally closed its acquisition of AT&T. The new organization bears AT&T’s name and the two companies will begin integrating their operations.

Verizon and MCI are also in the process of merging, meaning that four powerful companies will be cut to two in the telecom market. The Justice Department and the Federal Communications Commission have approved the mergers, and the companies have been going state by state to get more localized clearance.

Featured

  • Government Innovation Awards
    Government Innovation Awards - https://governmentinnovationawards.com

    Congratulations to the 2021 Rising Stars

    These early-career leaders already are having an outsized impact on government IT.

  • Acquisition
    Shutterstock ID 169474442 By Maxx-Studio

    The growing importance of GWACs

    One of the government's most popular methods for buying emerging technologies and critical IT services faces significant challenges in an ever-changing marketplace

Stay Connected