Posted by: redstone March 7, 2006
The New AT&T
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. How many of you are following this news? Me being interested in Telecommunications and Information Technology major, this new deal and come back of major monopolist AT&T is pretty interesting. Might I add, its shocking as well, how quickly it rebounded from its fall. Now it's going to Merge with Bellsouth after getting help from SBC. If this happens, AT&T will become once again the major telecommunication industry after its collapse, will acquire Cingular (AT&T joined Cingular couple of years ago) and Cingular will become AT&T. AT&T is now talking about charging fees for websites. Charge? why? If the fee is paid, they promise the website to be delivered to users fasters using their high speed lines which cost a lot of money for company to lay fibers underground. They are looking towards companies like GOOGLE to pay fees. If the merger goes ahead, Bellsouth will become AT&T, and the only company remaining will be Verizon for North-East and Qwest for Mid-west States. Qwest is already on the edge because of its "not enough" services to its members, so now people are predicting that Qwest could be the next target of AT&T.
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