NEW YORK-The Federal Communications Commission announced it approved the transfer of licenses and authorizations from Southern New England Telecommunications Corp. to SBC Communications Inc., thereby granting the companies’ merger application.
The FCC concluded “the merger is unlikely to have any anti-competitive effects or any other adverse effect on the public interest.” Further, the commission “found that the merger is likely to produce some tangible public interest benefits, including possible improvements in wireless competition.”
SBC, one of the seven original regional Bell operating companies, is the primary incumbent local exchange carrier in Arkansas, California, Kansas, Missouri, Nevada, Oklahoma and Texas. SNET, which will become a wholly owned subsidiary of SBC, is the incumbent local exchange carrier for most of Connecticut.
