SBC + AT&T
Following up on my earlier post on the subject (first time I’ve posted to a weblog from work!), here are some articles that discuss the acquisition of AT&T by SBC.
BBC News: SBC agrees to buy AT&T for $16bn
I’d especially like to highlight this segment of their article:
Faced with fierce competition, revenues at AT&T have fallen over recent years and the slide is forecast to continue.
…
It does, however, have a strong business client list that contains "virtually every member of the Fortune 1000" list of the biggest businesses, AT&T said.
As expected, Om Malik breaks the news ahead of the curve (10 AM Indian time according to NewsGator, a good 3–4 hours before I noticed the alert):
AT&T, SBC about to shake hands (@ 6.13 AM Indian Standard Time)
AT&T SBC deal is done (@ 10 AM Indian Standard Time)
and Ma Bell, SBC deal may hit WiMAX (@ 9.08 PM Indian Standard Time)
Analysis from Om indicates that WiMAX might be the first to suffer, and possibly be dead-on-arrival, apart from being the most hyped technology since Bluetooth (another technology generally considered DOA).
Another article that seems to capture it all, is Light Reading’s: SBC/AT&T: Possible Winners & Losers
The next ripe target for acquisition in the telecom sector is MCI (formerly WorldCom)…
