AT&T's Deal For Dominance Led to Its Demise
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Last week, AT&T, better known as Ma Bell, agreed to be eaten by one of its progeny, the Baby Bell named SBC. The Oedipal irony is more than just another story about mergers and acquisitions. It is an epic saga -- some might say a tragedy -- about Washington and its fickle relations with the world of commerce.
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XM and Sirius get hit with a downgrade.
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Beginning at around 5:30 EST on Thursday, AT&T's EDGE and UMTS data networks went down for reasons even now unknown to company technicians.
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Cingular Wireless will drop the AT&amp;T brand six months after it acquires Redmond-based AT&amp;T Wireless Services Inc., the telecommunications companies announced Monday.
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AT&T Corp.  will cut about 7,000 jobs and reduce the value of its assets by &#36;11.4 billion due to its retreat from traditional consumer telephone services, the company said on Thursday.
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Lack of bidders forces largest US local telephone companies to terminate efforts in small markets. NEW YORK  - Verizon Communications Inc.
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AT&amp;T Corp. (TN: Quote, Profile, Research) will cut another 7,400 jobs and reduce the value of its assets by $11.4 billion, spurred by its retreat from traditional consumer
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Cingular Wireless on Tuesday closed  its $41 billion cash purchase of AT&T Wireless Services Inc.  AWE.N, creating the biggest U.S. mobile telecom service with  more than 46 million customers.
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NEW YORK - AT&T Corp. is cutting at least 7,500 more jobs and slashing the book value of its assets by $11.4 billion, drastic moves prompted by the company's plan to retreat from the traditional consumer telephone business following a lost court battle...
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ZDNet&#39;s survey of IT professionals in August kept Wired &amp; Wireless on top for the 18th month in a row. AT&amp;T will cut about 7,000 jobs and reduce the value of its assets by $11.
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The telecom's software division devours another rival.
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Layoffs signal a major setback in the company's effort to break free of its dying dial-up business and become an Internet player.
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The purchase of AT&amp;T Wireless of Redmond by Cingular Wireless is just a few weeks old, but already the merged company is under attack from its biggest rival, Verizon Wireless, which is trying
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NEW YORK (CP) - AT&amp;T is deepening its job cuts and now expects to eliminate 20 per cent of its workforce this year. The formerly dominant long-distance telecommunications operator also said Thursday it will
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AT&amp;T Corp., the largest US long-distance telephone company, will eliminate 20 percent of its work force this year and write down $11.
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Three of the nation's dominant local telephone companies said on Thursday that they had seen a sharp drop-off in new residential lines leased to competitors since AT&T Corp.  announced a retreat from residential service in July due to changing federal rules.
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AT&amp;T Corp. announced yesterday that it is cutting at least 7,500 more jobs and slashing the value of its assets by $11.4 billion, drastic moves prompted by the company&#39;s plan