FCC OKs Tribune Cross-Ownership Waivers
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The decision clears the way for the media company to complete its plans to go private by year's end.
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By Jason Rosenbaum, Columbia Daily Tribune, Mo.  Feb. 17--JEFFERSON CITY -- The Missouri Senate gave initial approval Thursday to a bill that would shift licensing of cable TV companies from the cities where they operate to the Missouri Public Service Commission.
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By Associated Press  Two months ago, Fred Poteet walked into a Sprint store to resolve some technical problems with his cellphone service. When he walked out, he had a new wireless contract -- with Cox Communications, his cable TV operator.
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The upcoming 700MHz spectrum auctions by the U.S. Federal Communications Commission (FCC)&#160;have drawn bid applications from giant companies including Google and AT&amp;T. But a number of small companies and individuals have submitted bid applications as well.
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Verizon Wireless has agreed to drop its opposition to the FCC&#39;s decision to realign the 800 MHz spectrum band, including Nextel&#39;s receipt of 1.9 GHz spectrum, and Nextel has agreed to relinquish
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The U.S. Federal Communications Commission has approved the purchase by AT&amp;T of 12MHz of wireless spectrum that covers 60 percent of the U.S.AT&amp;T bought the spectrum from Aloha Spectrum Holdings. The spectrum, in the highly coveted 700MHz band, covers 196 million of the 303 million U.S. residents and includes 72 of the top 100 media markets in the country. Aloha acquired the spectrum in earlier FCC auctions and from other auction winners. This portion of the 700MHz spectrum is not part of the&#160;FCC auction&#160;now in progress.The FCC, in an order issued Monday, approved the sale despite concerns expressed by the commission&#39;s two Democratic members. AT&amp;T announced in October that it intended to buy the spectrum for $2.5 billion. The company said then it planned to use the spectrum for broadcast video or for two-way communications such as voice, data or multicast content.The 700MHz spectrum band carries wireless signals three to four times farther than some higher spectrum bands, making it optimal for long-range broadband networks.Commissioner Jonathan Adelstein said he voted to approve the deal because of a lack of public opposition, but he had concerns about the FCC&#39;s review of the deal.The agency&#39;s review &quot;lacks both substance and analysis in its review of whether, on balance, the transaction serves the public&#39;s interest,&quot; Adelstein said in a statement. &quot;We are required to do more than simply conclude that a transaction benefits the public and will not have an adverse effect on competition. I would have preferred to see a more thorough assessment weighing the potential public interest harms and benefits of this transaction and its impact on the mobile telephony market.&quot;Commissioner Michael Copps voted against the deal. The deal could have a large impact on a mobile voice and data market &quot;that has seen round after round of consolidation in recent years,&quot; he said in a statement.Copps also raised concerns about the FCC&#39;s review of the deal. The review &quot;contains only an extremely abbreviated analysis of the competitive effects of this change in ownership,&quot; he said.AT&amp;T, in a statement, said it was pleased with the FCC&#39;s decision. The deal will help AT&amp;T meet growing customer demand for wireless services, the company said.
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Sinclair Broadcast Group Inc. reached a deal Friday with Comcast Corp. to carry its stations, ending a protracted negotiation that threatened to deprive cable customers in several markets of their Fox affiliates.
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Newspaper and television company  Tribune Co.  is leaning away from accepting any takeover  offers made by outside bidders and instead is opting for a  restructuring it would do on its own, the Wall Street Journal  reported on Monday.
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The commission loosened restrictions preventing a company from owning both a newspaper and a television or radio station in the same city.
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Regulators ease restrictions stopping firms owning both TV channels and newspapers in the US's largest cities.
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The Federal Communications Commission voted on Tuesday to approve a controversial plan to loosen media ownership restrictions in the 20 biggest U.S. cities, despite objections from consumer groups and a threat by some U.S. senators to revoke the action.
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The Federal Communications Commission voted on Tuesday to loosen media ownership restrictions in the 20 biggest U.S. cities, despite objections from consumer groups and a threat by some U.S. senators to revoke the action.
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Tribune Co. said on Thursday it has  acquired full control of amNewYork after buying a minority  interest from the free daily newspaper's management group led  by co-founder Russel Pergament.
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Blog: The FCC is writing rules to determine how to use extremely valuable wireless spectrum that will be auctioned in September to the highest bidder.
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Newspaper and television station owner   Tribune Co.'s TRB.N board is expected to consider options at   its meeting on Thursday that include going private in a   leveraged buyout or spinning off its TV station group, The Wall   Street Journal reported on Thursday.
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U.S. communications regulators are expected to approve on Tuesday a plan to loosen media ownership restrictions, despite objections from consumer groups and a threat by some U.S. senators to revoke the action.
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The &#36;41 billion merger between Cingular Wireless LLC and AT&T Wireless Services Inc. won approval from the Federal Communications Commission yesterday, according to federal sources close to the agency, paving the way for major changes in the lucrative wireless-phone market.