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FCC Approves Comcast's Purchase of AT&T Broadband
Posted by Paul Szynol on Wednesday, November 13 @ 21:48:04 EST News
After FCC's approving 3 to 1 vote, Comcast will purchase AT&T Broadband for $30.5 billion. The new company will be named AT&T Comcast; its subscriber pool will be around 27 million people.

The FCC dismissed protests from consumer groups -- FCC's Chairman, Michael Powell, called the "potential harms negligible".

Reuters reports here.

FCC's merger page is here.

 
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