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AT&T plans spinoff to meet cable ownership limits
AT&T said it will spin off Liberty Media Group to reduce control of cable subscribers to 30 percent and bring its stake in Time Warner Entertainment under federal limits. Regulators gave a deadline to show compliance after a MediaOne merger push. Public groups warn the plan may not fully curb influence.
MENTIONED IN THIS ARTICLE
Washington
At&t
Liberty Media Group
Liberty Media
Discovery Communications
QVC
USA Networks
MediaOne
Federal Communications Commission
Commission
Time Warner Entertainment
Time Warner
Ming
FCC
At&T’s
Gene Kimmelman
Consumers Union
America Online
Sprint
Sprint Pcs
Sprint Spectrum LP
Sprint Communications Company LP