Tei'ehm Teuw writes "From an article on CNN - The Federal Communications Commission Monday approved AT&T Corp.'s proposed $54 billion bid to buy cable television company MediaOne Group Inc. This will pave the road for servises like Roadrunner to be tenatively available in 30 percent of the US market. The FCC denied AT&T's position that the 30 percent ownership rule did not apply to its proposed merger with MediaOne and is forcing them to reduce the overall cable assets across the new empire. This is both good and bad, good because broadband access is more widespread, but bat because the monopoly of old seems to be making a comeback. " It seems that the FCC is requiring AT&T to give up MediaOne's stake in Time Warner, and/or 11.2 million other cable subscribers, so that they control under 30% of the cable market. However, I've seen a lot of these Stop AT&T billboards where I live.
DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Also, Slashdot's Facebook page has a chat bot now. Message it for stories and more. Check out the new SourceForge HTML5 internet speed test! ×