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No, this isn't a personal posting. I'm referring to the irony in the following sentence from a Globe & Mail story about the SBC purchase of AT&T: SBC to buy AT&T in $16-billion deal.
Dallas -- SBC Communications Inc. has agreed to buy former parent AT&T Corp. for $16-billion (U.S.), creating the largest communications company in the United States . . .It was, of course, two decades ago that SBC was born of AT&T. So that would about mean it grew up, went to college, got lucky in the tech boom, became a millionaire, and now owns the house . . .
I think all bets about the state of telecomm and especially the more interesting parts of it -- wireless and VoIP -- are off. We knew consolidation was coming; we saw it start earlier with the AT&T/Cingular deal in wireless; now it's getting interesting.
Posted by Grayson at January 31, 2005 08:01 AM