June 26, 1997 |
The U.S. Justice Department recommended that Ameritech Corp. be denied its application to provide long-distance telephone service to its customers in Michigan. The Justice Department's antitrust division said Ameritech failed to fulfill a 14-point competitive checklist that, under the Telecommunications Act of 1996, regional Bell telephone companies must meet before they can provide long-distance service.
December 20, 1996 |
Ameritech Corp. said it sued AT&T Corp. for defamation over statements made by John Zeglis, general counsel and senior executive vice president of AT&T. Ameritech's suit alleges that Zeglis made "knowingly false and malicious" comments to "impede and cast doubt on Ameritech's ability to enter the long-distance market." In speaking at a Salomon Bros.
April 2, 1999 |
The nation's top telecommunications regulator told SBC Communications Inc. and Ameritech Corp. that he has "serious concerns" about their planned merger and whether it would serve the public interest. Federal Communications Commission Chairman William Kennard, in letters to the companies' chiefs, did not address whether the agency would try to block the proposed $57-billion merger if his concerns are not alleviated.
June 9, 1998 |
A group of U.S. House Democrats from California voiced "serious reservations" about the proposed combination of San Antonio-based SBC Communications Inc. and Chicago-based Ameritech Corp. "We have serious reservations about the potential impact this merger may have on our state," 19 House members wrote in identical letters to the Federal Communications Commission and the Justice Department, which must approve the proposed merger of the two regional telecommunications companies.
October 3, 1997 |
Ameritech Corp. will buy Rollins Inc.'s alarm-monitoring assets for about $200 million, continuing an expansion that will more than double its security business by year-end. Atlanta-based Rollins has 115,000 security customers, 50 locations and 620 employees in the Southeast, mid-Atlantic and Northeast United States. It also owns and operates Orkin Exterminating Co. The transaction, coupled with Monday's $610-million purchase of a similar business from Republic Industries Inc.