After More Divestitures, AT&T Wraps Up Dobson Deal

Law360, New York (November 16, 2007, 12:00 AM EST) -- Promising to shed some rural operations at the request of competition regulators, AT&T Inc. has completed its $2.8 billion acquisition of wireless provider Dobson Communications Corp.

In consenting to the companies' application Thursday, the Federal Communications Commission gave the deal the green light, provided the merging pair divest Dobson's outposts in two rural areas in Kentucky, one in Texas and one in Oklahoma.

AT&T also promised to commit to an interim cap on federal eligible telecommunications support, to be set at 12 times what the two...
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