Dobson buyout given thumbs-up by FCC
That $2.8 billion buyout involing AT&T and Dobson Communications has finally been okayed by the almight Federal Communications Comission. Nearly a month after the Justice Department gave its nod of approval to the sale, the FCC has also given a thumbs-up to the idea and thrown in a few stipulations to boot. In green-lighting the transfer of licenses from Dobson to AT&T, the agency found that "likely public interest benefits of the merger outweigh any potential public interest harms except in four markets in Kentucky, Oklahoma and Texas." Aside from that minor hitch, everything else looks to be a-okay for AT&T to snap up most of Dobson's ~1.7 million subscribers.
[Via RCRNews, thanks to everyone who sent this in]
