The FCC approved AT&T and BellSouth’s merger Friday, creating the largest telecom merger in U.S. history. The Commission concluded that significant public interest benefits are likely to result from the transaction, including deployment of broadband throughout the entire AT&T-BellSouth in-region territory in 2007. The approval comes after AT&T made several concessions late Thurs., including concessions on net neutrality. Get more details in CableFAX Dailyclick here!

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Let’s Not Make a Deal

S&P ’s TMT deal tracker reports that media and telecom M&A plunged to a 13-month low in February, with North American media and telecom companies striking 96 transactions worth nearly $160 million in

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