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![]() AT&T (T) (Page 9)
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| Author | Topic: AT&T (T) |
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eagle |
Shareholders of AT&T Corp. approved the $48 billion purchase of cable television company Tele-Communications Inc. (TCOMA), which will create a one-stop shop for phone service, Internet access and cable television. |
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eagle |
AT&T and Time Warner announced a strategic alliance which will give AT&T the ability to offer telephony service over Time Warner's Cable system. http://dailynews.yahoo.com/headlines/bs/story.html?s=v/nm/19990201/bs/att_17.html |
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CBrandon |
I think whoever (whether it be AT&T\TCI...) brings higher bandwidth to the home for Internet access will cash in. I'm hoping it will be AT&T, or possibly USRF. Whoever brings it AFFORDABLY to the masses... Everyone basically has cable access already, so the merger could put the icing on the cake for AT&T dominance in Internet access. |
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optimist |
AT&T Nixes TCI Tracking Stock: http://www.wired.com/news/news/business/story/17234.html |
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diligence |
It will be interesting to see how smoothly the acquisition goes... big tech companies are usually very hard to digest. I've never been an AT&T or TCI shareholder (AT&T because it doesn't have the growth I look for and TCI because it doesn't have the profits I look for), but I think overall AT&T's strategy of being a one-stop shop does make sense. |
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InvestorGuide Weekly Administrator |
The U.S. Department of Justice approved the $48 billion merger between AT&T and TCI on the condition that TCI divests its 23.5% stake in Sprint PCS Group, a mobile wireless telephone services operation. http://www.news.com/News/Item/0%2C4%2C30420%2C00.html |
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Bill Tarr |
re 'They'll have more competition in the future from AtHome', actually TCI has a controlling interest (about 80%) in AtHome (per 10Q), so they won't be competitors, assuming the TCI deal does go through. The stated plan is to combine both AtHome and AT&T WorldNet into the new AT&T Consumer Division. |
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techbull |
The pessimist’s view: AT&T will be spending a lot of money upgrading TCI's cable network to allow two-calling and internet access. They are getting a lot of competition from Sprint PCS’s cellular business. They’ll have more competition from regional Bells offering DSL service. They’ll have more competition in the future from AtHome. The integration of BT and AT&T costs money. International long-distance is getting tough for AT&T. AT&T plans to get into the calling card business, which has thinner margins. |
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mr big |
The key question is whether AT&T can successfully transform itself from a company worried about defending voice long distance market share to a company growing into new, exploding markets. This acquisition is certainly a promising step in the right direction, as long as they can digest this large purchase efficiently. |
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InvestorGuide Weekly Administrator |
AT&T is buying IBM's Global Network services unit for $5 billion in cash, increasing AT&T's expansion into global services, data networking, IP technology, and network outsourcing. http://www.techweb.com/wire/story/TWB19981208S0007 |
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naarendra gupta |
it is the bvest time to buy t at this ibm buisness shall help ti gow fast in the internet market i am sure it will be 80 in 6 months |
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DC Dave |
Lehman Brothers recently upgraded T from outperform to buy, and raised its 1999 earnings estimate from $3.20 per share to $3.45. They also said that growth is expected to come from increased penetration of low-share markets, such as consumer transaction services, local telephone service, business wholesale and network integration, and continued growth in data and wireless; and that AT&T's new Chairman C. Michael Armstrong is attacking these potential growth markets and has installed aggressive new management in these areas. |
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Alex Randall |
11/16: AT&T said its acquisition of cable TV giant TCI might collapse if regulators prevented the companies from requiring customers buying high-speed Internet access to also pay for related services they might not use. AT&T said the $48 billion merger might not work economically unless the companies were able to sell together -- or bundle -- high-speed Internet access over cable television wires and Internet services, such as e-mail and a starting web page. It will be interesting to watch this unfold. |
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Jerry Mander |
AT&T appears to be pouring money into an HFC infrastructure in large amounts, prematurely, IMO, before their deal with TCOMA has actually been approved. This, IMO, could be construed as reckless and very risky business, since the deal may still be blocked by the regulators or the DOJ. |
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Mayor of Investorville Administrator |
AT&T Corp is among the world's communications leaders, providing voice, data and video telecommunications services to large and small businesses, consumers and government entities. AT&T and its subsidiaries furnish regional, domestic, international and local communication services. AT&T's wholly owned subsidiaries, including AT&T Wireless Services, Inc., provide cellular telephone and other wireless services. AT&T also provides billing, directory, and calling card services to support its communications business. (source: annual report) For detailed research on this stock, visit http://www.investorguide.com/cgi-bin/research.cgi?name=T |
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