synergies

 

AT&T to Merge with BellSouth

AT&T Inc. and BellSouth Corp. announced today an agreement to merge the two companies, allowing for the integration of the Cingular, BellSouth and AT&T networks into a single wireless and wireline IP network that will be marketed under the AT&T brand. AT&T Inc. is the result of the recent merger of SBC Communications Inc. and […]

XO Records Impairment Charge in Results

XO Communications Inc. on Friday reported an annual net loss of $405.6 million on revenue of $1.3 billion. The Reston, Va., national telecommunications carrier said revenue of $369.4 million in the fourth quarter rose 42 percent over the period a year ago, but XO recorded a quarterly loss of $271.4 million. The loss was due […]

A Price Too High

Posted: 12/2003 A Price Too High BellSouth Corp. and AT&T Corp. merger talks broke down in late October because BellSouth said the $19 billion price tag for the long-distance giant was too high. I have to admit I breathed a sigh of relief on this one. I thought the price was too high, too, but […]

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