AT&TLatinAmerica (ATTL)

[Drillbit]

FirstCom gets OK for AT&T Latin America deal
NEW YORK, Aug 28 (Reuters) - Latin American telephone company FirstCom Corp. (NasdaqSC:FCLX - news) said on Monday its shareholders approved a merger with AT&T Latin America Corp., clearing the way for the companies to close their deal later this week.

Shares of AT&T Latin America, a subsidiary of long-distance telephone company AT&T Corp. (NYSE:T - news), will begin trading on Nasdaq on Tuesday under the symbol ``ATTL.''

Under the merger plan, FirstCom shareholders will get one share of AT&T Latin America Class A common stock for each share of FirstCom common stock they own.

AT&T Latin America owns and operates high-speed fiber optic communications networks that are capable of carrying data, Internet, voice and video conferencing services. FirstCom provides telecommunications services in in Chile, Colombia and Peru.

FirstCom shares gained 1/2 to $17-1/4 on Nasdaq