TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

Midnight Deal: Static over the AT&T accord

Static over the AT & T accord

One of the many controversial issues tossed at Ronald Reagan last week was the tentative settlement of the Justice Department's six-year-old antitrust suit against A T & T that had been reached during the last days of the Carter Administration. Ma Bell's competitors immediately voiced fears that Carter officials had made too many concessions to A T & T in their rush to wrap up the case before the new President took office. Said William McGowan, chairman of MCI Telecommunications, which is battling Bell for the long-distance telephone market: "It sounds like a slap on...

Time.com on Digg

POWERED BY digg

Quotes of the Day »

MICHAEL BREEN, vice president of the Truman Project, a national security leadership institute, on the possible outcome of the U.S. and Israel's tough stance on Iran's nuclear program
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.