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StumbleNevada PUC OKs Sprint, WorldCom merger
Wednesday, May 31, 2000 | 11:05 a.m.
The proposed merger between WorldCom and Sprint was approved by Nevada regulators.
The Public Utilities Commission of Nevada last week determined that the merger would not be anticompetitive in the state and voted to allow it. Nevada was the 11th of 24 states needed to authorize the deal.
The PUC was assured that Sprint would not attempt to recover merger expenses through higher phone rates in Nevada. Sprint also said it would add 19 employees to work with local exchange companies that have agreements with the company to carry their phone traffic.
Sprint operates the dominant local telephone system in Las Vegas.
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