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AT&T merger deal questioned

Telecommunications giant AT&T is dodging bullets aimed at its planned merger with Tele-Communications Incorporated.

Telecommunications giant AT&T is dodging bullets aimed at its planned merger with Tele-Communications Incorporated. Public-interest groups say the union will stifle competition; telcos say the combined company will face less regulation. Meanwhile, AT&T CEO Armstrong is still on the prowl for more deals.

Firm protests TCI-AT&T deal
lead story A public-interest law firm files documents with federal regulators to block the proposed acquisition, citing cable modem access concerns

AT&T eyes cable deals
AT&T CEO Armstrong hopes to sign deals with several cable operators that will allow his company to bypass regional Bells and provide local phone service over cable lines.

AT&T beats Street estimates
update Shares of AT&T jump after the long distance telephone giant beat Wall Street expectations with profits up 66.7 percent.