According to Reuters, AT&T has made a number of concessions to get the FCC to approve its merger with BellSouth. They would include offering low priced DSL service.
The Wall Street Journal writes that private equity firms are exploring a deal for Alltell, the fifth largest phone company in the US.
Reuters writes that Verizon plans to improve its cables from the US to Asia after an earthquake disrupted internet traffic in the Asian region.
Reuters also reports that US Air has repeated that it will let its offer for Delta stand.
The Wall Street Journal writes that March&McClennan agreed to sell its mutual fund arm, Putnam, to Power Corp of Canada.
The WSJ also reports that Sprint is closer to chosing Nokia as the third network equipment provider for its nationwide WiMax roll-out.
The WSJ writes that Ford and Microsoft will launch a service that will bring wireless service into cars including phone connectivity and e-mail.
The New York Times writes that Apple’s delayed annual reports is expected to have details about the company’s option backdating and its CEO Steve Jobs.
The FT writes that the Tokyo stock market’s rise in 2006 extends a bull market that now dates to 1989.
Barron’s reports that shares of Halliburton looked reasonably priced and could continue to do well.
Douglas A. McIntyre
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