WASHINGTON: AT&T Inc may bypass a powerful telecommunications regulator by offloading a Time Warner broadcast station, analysts say, as the telecommunications giant braces for what is expected to be a lengthy and tough antitrust review of its proposed US$85.4bil (RM357.1bil) deal to buy Time Warner Inc.
Dallas-based AT&T said late Saturday the deal would need approval of the US Justice Department and the companies were determining which Time Warner US Federal Communications Commission licenses, if any, would transfer to AT&T as part of the deal. Any such transfers would require FCC approval.