FCC nominee Wheeler to divest telecoms holdings if confirmed

WASHINGTON (Reuters) - Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed. Such divestments are common for nominees to avoid conflicts of interest. Wheeler's plan was disclosed in an agreement posted online by the Office of Government Ethics. Wheeler is now a venture capital investor at Core Capital Partners and chairs the FCC's Technology Advisory Council. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/fcc-nominee-wheeler-divest-telecoms-holdings-confirmed-191222854.html