The NYT > Home Page reports AT&T Lives On as New Buyer Adopts Brand Name. “SBC Communications, which is awaiting regulatory approval to buy AT&T, announced today that it will adopt the AT&T name once the acquisition is approved.” By TIMOTHY WILLIAMS.
So, the U.S. government split “The Phone Company” into little bits that have each grown separately and now merge back into a super-conglomerate again. Some may see this as a waste of money. Others think that the boom in cellular, VOIP, DSL, broadband and other innovations has moved far more quickly with more competition in the marketplace. I’m in the second camp.