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BRIEFLY

Technology & Telecommunications

November 08, 1994|From Times Staff and Wire Reports

AT&T Settles Suit by Bell Atlantic and Nynex: AT&T Corp. has settled an antitrust lawsuit with Bell Atlantic Corp. and Nynex Corp. over the telephone giant's takeover of McCaw Cellular Communications Inc., the companies said. AT&T, which was already the nation's largest supplier of wireless equipment, acquired McCaw for $11.5 billion in September, making it the nation's biggest provider of wireless services as well. Bell Atlantic and Nynex complained that AT&T was both the sole supplier of wireless equipment to them and a mighty competitor in providing mobile-calling services. The three agreed on a cost-sharing formula to ensure that AT&T wireless network equipment will be compatible with other manufacturers' equipment--a concept known as "open interface."

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