Good bye to AT&T
I had a couple of stories in this blog relating to AT&T and its split-off units and their overall fading influence. Its a long, a very long story, and would explode the frame of a blog.
But AT&T has been an icon, may be THE icon in the US economy and the business economy. They, and IBM framed how the technology landscape looks like today.
AT&T stumpled, while IBM showed that even elephants can dance. AT&T will become a case study in management books on how a leader can fail to adopt to a changing environment, how the lack of focus and the flip-flop of strategies can create disasters.
The news relating to this statements?
"Telecom conglomerate SBC Communications will acquire telephone company AT&T as part of a $US16 billion ($20.7 billion) deal that will create America's largest communications company."
No talk about merger - it is an acquisition. Let's hope that the deal is handled in a transparent way.
Good night, AT&T!
(By Asia Business Consulting)
But AT&T has been an icon, may be THE icon in the US economy and the business economy. They, and IBM framed how the technology landscape looks like today.
AT&T stumpled, while IBM showed that even elephants can dance. AT&T will become a case study in management books on how a leader can fail to adopt to a changing environment, how the lack of focus and the flip-flop of strategies can create disasters.
The news relating to this statements?
"Telecom conglomerate SBC Communications will acquire telephone company AT&T as part of a $US16 billion ($20.7 billion) deal that will create America's largest communications company."
No talk about merger - it is an acquisition. Let's hope that the deal is handled in a transparent way.
Good night, AT&T!
(By Asia Business Consulting)
posted by Andreas @ 10:06 am
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