March 25, 1999 |
Ameritech Corp., the local phone company set to be acquired by SBC Communications Inc., said it will buy a 20% stake in Bell Canada, Canada's leading carrier, for $3.4 billion. The deal with Bell Canada parent BCE Inc. would fill a key gap in the North American operations of SBC and Ameritech while giving them a stake in Canada's recently deregulated phone market. It also follows AT&T Corp.'s purchase of a stake in a rival Canadian phone company.
September 29, 1998 |
The Federal Communications Commission barred regional Bell companies US West Inc. and Ameritech Corp. from marketing long-distance service on behalf of upstart carrier Qwest Communications International Inc., saying the Bells' arrangements to collect fees for referring their local customers to Qwest violate the 1996 Telecommunications Act. Under the act, Baby Bells may not offer long-distance services directly until they open their local networks to competitors.
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.