FCC Approves Qwest, US West Merger
DENVER, Mar. 10 -- The Federal Communications Commission (FCC) has approved the merger of Qwest Communications International Inc. and US West Inc. The FCC's order is contingent upon its approval of Qwest's plan for divestiture of in-region long distance customers prior to completion of the merger.
The FCC's prompt action reinforces our belief that this transaction creates a pro-competitive broadband Internet communications company that is committed to setting a new standard in delivering superior customer support, advanced communications services and shareowner value, said Joseph P. Nacchio, chairman and CEO of Qwest. Solomon D. Trujillo, US West's chairman, president and CEO, commented, This is a significant milestone. The FCC's approval clears a major hurdle in our effort to assemble the first true end-to-end broadband network with global reach and local touch.
LATEST NEWS
- Polar Light, Finetech Partner on MicroLED Tech for Advanced Applications
Oct 2, 2024
- TOPTICA Photonics Appoints Two to C-Suite Positions: People in the News: 10/2/24
Oct 2, 2024
- European Initiative's Quantum Sensors Aim to Deliver Climate Insights
Oct 1, 2024
- IonQ Awarded $54.5M Contract with U.S. Air Force Research Lab
Oct 1, 2024
- ZEISS Plans for 2025 CEO Transition
Sep 30, 2024
- SPIE Industry Summit Spotlights Policy Priorities, Business Development
Sep 30, 2024
- $13.5M Photoacoustic Imaging Project to Improve Lung Cancer Diagnostics
Sep 30, 2024
- NASA’s Terabyte Infrared Laser Demo Completes Mission
Sep 30, 2024