Version: 2008
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Content from CNET tagged with

Verizon Communications [x] , merger [x]

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News Stories

Showing 1-20 of 30 results found

MCI shareholders approve Verizon merger

October 6, 2005 Eighty-eight percent vote in favor of the deal. Focus is now on obtaining regulatory approval. TAGS: MCI Inc., merger, shareholder, Verizon Communications, Qwest Communications Inc.

Verizon moves forward after merger

January 24, 2006 Telephone company begins marketing to the old MCI business clients as it distances itself from the old MCI and moves on. TAGS: MCI Inc., Verizon Communications, merger, AT&T Corp., VPN, brand

Verizon closes book on MCI merger

January 6, 2006 The saga of Verizon's $8.44 billion buyout of long distance carrier MCI finally ends. The CEO prepares to depart. TAGS: MCI Inc., Verizon Communications, Michael Capellas, AT&T Corp., merger, high-speed Internet access, acquisition, Internet access, CEO, U.S., TV

Qwest to turn up heat on SBC-AT&T merger fight

April 25, 2005 Letter to FCC says merger would result in higher prices, reduced service quality, and fewer choices for customers. TAGS: Qwest Communications Inc., MCI Inc., merger, SBC Communications Inc., AT&T Corp., Verizon Communications, California

Judge wants more info on AT&T, Verizon mergers

July 14, 2006 Request comes as judge ponders whether to sign off on proposed settlements between the government and the companies. TAGS: merger, AT&T Corp., Judge, Verizon Communications

AT&T to buy BellSouth for $67 billion

March 5, 2006 The combined company would generate about $130 billion in sales and serve nearly 70 million local phone customers. TAGS: BellSouth Corp., AT&T Corp., telephone company, local phone company, acquisition, Cingular Wireless, SBC Communications Inc., Verizon Communications, merger, Qwest Communications Inc., Texas, telecommunications, cable company, state, U.S., TV

Telecom megamergers get final federal OK

October 31, 2005 The FCC gives green light to mergers of Verizon Communications and MCI, SBC Communications and AT&T. TAGS: SBC Communications Inc., merger, approval, MCI Inc., provision, Verizon Communications, AT&T Corp., telecommunications, provider, commission

Sprint, Nextel shareholders approve merger

July 13, 2005 Wednesday's votes supporting the $36 billion deal are just the latest example of investor enthusiasm for telecom consolidation. TAGS: shareholder, merger, Nextel Communications Inc., Sprint Nextel, telecommunications, BellSouth Corp., AT&T Corp., Cingular Wireless, Verizon Communications, cell phone

MCI acquires Totality

August 3, 2005 Long-distance giant continues to acquire companies even as it prepares its mega merger with Verizon. TAGS: MCI Inc., merger, acquisition, Verizon Communications, Web hosting, asset

DOJ approves telecom megamergers

October 27, 2005 U.S. Department of Justice gives the green light on the Verizon-MCI merger and the SBC-AT&T transaction. TAGS: MCI Inc., SBC Communications Inc., AT&T Corp., approval, Verizon Communications, merger, telecommunications, building, telephone company, U.S.

Feds approve Sprint-Nextel merger

August 4, 2005 FCC and Department of Justice's antitrust division approve the megamerger of the U.S. cell phone operators. TAGS: Nextel Communications Inc., merger, Sprint Nextel, SBC Communications Inc., carrier, BellSouth Corp., antitrust, AT&T Corp., agency, Verizon Communications, U.S., cell phone

Judge plans to review AT&T, Verizon deals

July 12, 2006 A federal judge in Washington says he may permit witnesses to describe the twin mergers' impact on competition. TAGS: Tunney Act, merger, witness, federal judge, AT&T Corp., Judge, antitrust, SBC Communications Inc., MCI Inc., Verizon Communications, impact, attorney, government, Washington

MCI chief's severance deal nears $40 million

September 2, 2005 Should he leave Verizon post-merger, Michael Capellas stands to get a package far sweeter than the one he got when he departed HP. TAGS: Michael Capellas, MCI Inc., merger, WorldCom Inc., salary, shareholder, Verizon Communications, bonus, HP

Judge balks at closure of AT&T, Verizon mergers

July 25, 2006 Telephone companies have closed books on the deals, but an antitrust magistrate says he needs more info. TAGS: Tunney Act, Actel, merger, federal judge, antitrust, AT&T Corp., Judge, SBC Communications Inc., Verizon Communications, telecommunications, court, agreement, telecommunications company, lawyer, government, idea

Merger mania promises fewer, bigger telcos

February 7, 2005 Merger after merger, the market is contracting rapidly--with widespread speculation about what'll happen next. TAGS: MCI Inc., merger, Qwest Communications Inc., Sprint Nextel, BellSouth Corp., Verizon Communications, SBC Communications Inc., telecommunications company, telecommunications, exec, acquisition, cell phone, AT&T Corp.

No 'rubber stamp' on telecom mergers, judge says

December 1, 2006 Judge says he'll do "independent review" of deals between AT&T-SBC and Verizon-MCI, but offers no hints of when a ruling will come. TAGS: Tunney Act, merger, MCI Inc., antitrust, AT&T Corp., telephone company, Verizon Communications, federal judge, government, attorney, telecommunications

Qwest continues its fight for MCI

February 18, 2005 Qwest CEO sends letter to MCI's board requesting more information about Verizon's bid so that his company can prepare counteroffer. TAGS: MCI Inc., Qwest Communications Inc., WorldCom Inc., offer, Verizon Communications, merger, fight, letter, carrier, advisor, CEO

Qwest waits by phone for MCI to call

February 28, 2005 Afraid of having no date for the telecom merger ball, smallest Baby Bell looks to revise its offer. TAGS: MCI Inc., Qwest Communications Inc., Legg Mason Inc., offer, bid, Verizon Communications, merger, pricing
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