AT&T and BT under FBI investigation

A billion-dollar deal between AT&T and BT is under investigation by the FBI and the US Department of Justice according to the Wall Street Journal.

The deal, which would see the transatlantic telecommunications giants joining forces to develop an international Internet protocol, is being investigated for possible security threats it is reported.

A spokesman for BT had no knowledge of the investigation but denied it posed any risk to security. "It is just a big network. It is scheduled for completion and regulatory approval this autumn and that is still the case," he said.

AT&T was also staying tight-lipped on the issue. "As far as we are concerned we are on track to get FCC (Federal Communications Commission) approval," a spokeswoman said.

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