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SVGA - WASHINGTON, Aug 11 (Reuters) - U.S. antitrust authorities said onWednesday they would allow SBC Communications Inc. (NYSE:SBC) andBellSouth Corp. (NYSE:BLS) to buy back some of the wireless licensesthey were forced to divest when forming Cingular Wireless four yearsago.The Justice Department said it had agreed to modify a 2000 agreementwith the companies that had barred them from reacquiring spectrumlicenses in California and Indiana, removing a potential obstacle tothe deal.The Justice Department and the Federal Communications Commission arestill reviewing Cingular's $41 billion cash bid for AT&T WirelessServices Inc.(NYSE:AWE) The department's antitrust division isstudying whether it would hobble competition in the wireless business.Without the modification, Cingular's proposed acquisition of AT&TWireless would put SBC and BellSouth in violation of the earlieragreement, the department said.The change is subject to the condition that the companies not buycontrol of some other spectrum currently being used by AT&T Wirelessin parts of Indiana, the department said.- http://finance.lycos.com/home/news/story.asp?story=43051683
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