With Tuesday"s elections giving the U.S. Congress a Democratic bent from its previous slant to the Republican side, that means the shift will probably end the prospects for passage of a telecom reform bill.
The bill would give broader wireless federal pre-emption and would shift more regulative issues to the FCC and states. With the AT&T and Bellsouth merger approval being deadlocked in a 2-2 vote at this time, I"m not sure how the recent election results will affect the vote in the FCC if at all, but we"ll all see soon.