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| Author | Topic: AT&T (T) |
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humanity |
posted 06-24-1999 11:51 AM
 
(Listing in both boards) I really believe that At&T and AtHome are treading thin water by trying to get the FCC to allow the cable companies to not have to open their lines to any competition. The reason I feel this way is that any time you try to stengthen what appears to be a monopolistic position, you provide incentive for any competition to cooperate with one another, focusing their energies at you alone. Compounded by the fact that with AT&T and cable operators going after new business now held by competitors in various fields (a situation that angers companies like AOL), I think the resulting situation could actually hurt AT&T, AtHome, and cable companies in the long run (through declining revenues?). |
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smario |
posted 06-18-1999 08:59 AM
Check out this article! (the link may only be good today 6/18). http://www.usatoday.com/money/mds1.htm -It's about the "'RBOC'ization" of the cable industry orchestrated by AT&T. Bottom line, currently we have seven regional baby bells. AT&T wants to create seven regional baby cable companies. Do we really want local monopolies? People have been crying for years to get true local deregulation, and therefor a choice in local service. In my mind, this cable thing would be a giant step back in cable deregulation. |
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Joey Joe Joe |
posted 06-14-1999 03:18 PM
TheStreet.com, in their Top 100 US Business moments of the 20th Century article, listed the breakup of AT&T in 1984 #46 and the government granting MCI permission to compete with AT&T in 1971 as #77. I'm quite surprised at how low these events are. Both occurred to promote competition in an industry that was defined by one of the last great monopolies. Since then, it has been the precedent for countless sects of the communications industry: long distance, cable, local, etc., and is the reason behind all of the latest communications networks, hardware, and choices that creates the foundation for the information age. Who knows what the Internet economy would be like if Ma Bell was never deregulated. |
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techwatcher |
posted 05-11-1999 02:34 PM
Not necessarily. MSFT has $20 billion in cash sitting in the bank earning about 6% interest. AT&T is probably a pretty safe investment, but don't expect dramatic returns. Also, Gates did this deal for strategic reasons, not just to make $ off the investment, so just because he's investing doesn't mean it's a good investment for you. |
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Bill Tarr |
posted 05-11-1999 11:16 AM
If AT&T is good enough for Bill Gates to invest in, does that mean I should consider investing in it too? |
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Lee R |
posted 05-11-1999 09:53 AM
"AT&T is putting together a cable monopoly that is beyond the wildest dreams of John Malone." - Open Net Coalition's Gregory C. Simon, as quoted in the New York Times |
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belgarion |
posted 05-10-1999 02:06 PM
Wow, I didn't realize that Comcast paid AT&T $9billion for 2 million additional cable subscribers, which is $4,500 per subscriber. That seems awfully high to me. This deal seems pretty sweet for AT&T. |
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InvestorGuide Weekly Administrator |
posted 05-10-1999 08:31 AM
Comcast dropped its bid for MediaOne Group after reaching an agreement with AT&T. In return, Comcast will wind up with about two million new cable subscribers. http://www.msnbc.com/news/265800.asp |
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vivid |
posted 05-06-1999 05:44 PM
It's not a done deal yet...not only is their a lot of backlash in the industry form this deal (companies complaining that it creates an unfair and anti-competitive situation), but the government is also going to look real carefully over the deal to make sure that AT&T won't have a stranglehold over the cable industry. AT&T's chief says he's confident it will go through, since it's 'good for the industry and for the consumers.' What did you expect him to say? |
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smario |
posted 05-05-1999 09:00 AM
Well, I guess I was wrong. Comcast gave up yesterday, but not before getting AT&T to agree to give the rights of 2 million cable subscribers to Comcast as compensation. I guess the MCI/Wldcm rumor was just that, a rumor, as they continue to poke at Nextel for a possible takeover. Now we wait to see what AT&T's next move is (ie, who they look to acquire next), and what they do with Media One and Road Runner. |
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mrcool |
posted 05-04-1999 01:22 PM
Here's the latest: http://www.news.com/News/Item/0,4,36047,00.html?st.ne.fd.tohhed.ni |
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smario |
posted 05-03-1999 01:48 PM
Media One agreed to the AT&T deal. Comcast (et. al) have until thursday to match the agreement. Should be an interesting couple of day...I expect some counteroffer, but from whom is the question. |
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newsman |
posted 04-29-1999 09:27 AM
From the current issue of Worth magazine: "In little more than a year, CEO C. Michael Armstrong has changed the strategy, the culture, and the prospects of what appeared to be an aging and moribund phone company. Under his guidance, AT&T is re-emerging as a complete communications provider. Armstrong first cut 18,000 jobs and jettisoned frills like corporate limos. He sold off money-losing businesses, then bought other businesses that would create a full spectrum of communications companies. AT&T's $48 billion purchase of cable-TV giant TCI and its joint venture with Time Warner give it new wires into the home, through which it plans to provide not only TV but high-speed modem and local phone service to compete with the Baby Bells. By bundling those services with wireless phones, the company says, it will provide signals and services for TV, computer, and phone about 25 percent cheaper than competitors, and all the services will come on a single bill. AT&T has also forged global ties in a joint venture with British Telecommunications, opening up Europe for its services. And year two for Armstrong isn't even over yet." |
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techbull |
posted 04-28-1999 05:39 PM
The MediaOne acquisition would fit in with AT&T's long term strategy of moving away from its core long-distance business to “a better communication set of services” across a wide range of platforms. I agree that they're paying a lot, and I agree that two giant acquisitions within a year is a lot, but I wouldn't be surprised if AT&T comes out of this stronger than ever. |
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mrcool |
posted 04-27-1999 02:23 PM
I don't think AT&T is ready for another huge acquisition like this. They're going to have their hands full digesting TCI for quite awhile. Maybe they're biting off more than they can chew. |
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