US judge seeks changes in plan to break up AT&T

A federal judge said he will only approve a historic settlement to break up American Telephone & Telegraph Company if the government and the world's largest company agree to major modifications.

US District Judge Harold Greene said the settlement must provide that spin-off companies be permitted to sell telephones and switchboards to customers. The second required change is that individual telephone companies be permitted to produce and sell the lucrative Yellow Pages directories. Thirdly, the judge said AT&T must be prohibited from engaging in ''electronic publishing'' over its own transmission facilities.

Judge Greene gave the Justice Department and AT&T 15 days to submit their decree.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK