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Deals

by Mike Masnick

Fri, Nov 18th 2005 3:42pm





Say Hello To The New Ma Bell

from the she-looks-mighty-different dept

No surprise here, but SBC is now AT&T as the deal has officially closed -- just a bit ahead of schedule. Almost all of the AT&T DNA has been jettisoned, and so we've basically got SBC with a more recognizable brand name and a lot more customers. Now for the countdown on how long it will take before they try to buy BellSouth. The two companies are already joined at the hip in many ways. The assumption is it would be a tough slog through the FTC to get approval for such a deal, but enough whispering is going on that at some point they're expected to try. The two companies have held merger talks in the past, with apparently BellSouth resisting overtures more than once -- but the pressure may get much stronger pretty soon. A recent prediction was that SBC would announce an acquisition of BellSouth within 24 hours of the deal closing with AT&T. The clock is now ticking... but I wouldn't hold my breath for this one just yet.

7 Comments | Leave a Comment

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  •  
    identicon
    Andrew Strasser, Nov 18th, 2005 @ 5:25pm

    AT&T

    Comcast bought all services offered in this area by AT&T. I figured they would have done that elsewhere by now.

     

    [ reply to this | link to this | view in chronology ]

    •  
      identicon
      John, Nov 18th, 2005 @ 5:48pm

      Re: AT&T

      Say what? Comcast bought AT&T Broadband. That was it. Not the rest of AT&T.

       

      [ reply to this | link to this | view in chronology ]

      •  
        identicon
        Ray, Nov 19th, 2005 @ 2:47pm

        Re: AT&T

        John - hey dipshit, Armstrong raided AT&T's huge cash surplus by paying top dollar for small cable companies throughout the nation (to create AT&T Broadband), then he turned around and sold AT&T Broadband to Comcast for a firesale cheap price. In return, he was rewarded by Comcast with a do-nothing executive "job" at Comcast - his reward for fucking over AT&T.

         

        [ reply to this | link to this | view in chronology ]

  •  
    identicon
    Ray, Nov 18th, 2005 @ 5:26pm

    Armstrong

    Fucking C. Michael Armstrong. That fat fucker ran AT&T into the ground and pissed away all it's cash. He sold out AT&T to Comcast, the bald fucker, and all Dorman did was fuck the company even more, he was only out to sell it. I hope those two fat fucking pigs rot in hell, the bastards.

     

    [ reply to this | link to this | view in chronology ]

  •  
    identicon
    George Smith, Nov 18th, 2005 @ 5:38pm

    ATT(SBC) & BellSouth

    Both companies have desided to eliminnate there online yellow pages and merge them into yellowpages.com. not only that but they both have bragging rights to Cingular... I've been waiting for this and I don't think I have to wait much longer for BellSouth to get gobbled up... All I care about is where are they going to drop there next fiber lines.

     

    [ reply to this | link to this | view in chronology ]

  •  
    identicon
    Brian, Nov 19th, 2005 @ 3:29pm

    SBC + AT&T want to "own" the Internet

    Of course, they will have to get permission from Al Gore first.

     

    [ reply to this | link to this | view in chronology ]


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