AT&T's $67 billion purchase of BellSouth is approved by FCC
Marla Huibas
Sep. 22, 2006

Ma Bell is back again. This time ready to prove its worth.AT&T's $67 billion purchase of BellSouth is approved by FCC.

AT&T spokes person was jubiliant at the news. Accorsing to some media reports, The FCC has circulated an order to approve AT&T's $67 billion purchase of BellSouth with no conditions. The agency will vote on the deal next month.

The news is the best for AT&T stock holders. The Bell South integration with AT&T will make the company stronger and dominant.

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