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

  • CLOUD
    pentagon cloud

    Court orders temporary block on JEDI

    JEDI, the Defense Department’s multi-billion-dollar cloud procurement, is officially on hold, according to a federal court announcement Feb. 13.

  • Defense
    mock-up of the shore-based Aegis Combat Information Center

    Pentagon focuses on research, cyber in 2021 budget request

    The Defense Department wants to significantly increase funds for research, cyber, and cloud.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.