Thursday, September 14, 2006

FCC Chief Sees Hurdles to Satellite TV Deal

Jeremey Pelofsky writes for Reuters:

Television service being launched by telephone companies has not yet offered sufficient competition to allow consolidation in the satellite television industry, U.S. Federal Communications Commission Chairman Kevin Martin said on Thursday.

Speculation has swirled in recent weeks that DirecTV Group Inc. and EchoStar Communications Corp. might try to merge again. The two companies tried to combine in 2002 but were turned down by the FCC and have denied the latest rumors.

More here.

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