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AT&T Broadband To Merge With Comcast Cable

Posted by ryuzaki0 on from the getting-the-markets-down dept.

quualudes was one of the many people to submit the AT&T Broadband/Comcast merger. CNNfn has more of the story as well. 72$ billion is the cost. Wow. I wonder how this affects @Home. One alert reader also submitted the news that Comcast will evidently by launching a video gaming channel - more information will be coming in February 2002.

4 of 214 comments (clear)

  1. This is good, AT&T is extinct by Ars-Fartsica · · Score: 5, Interesting
    AT&T, since Armstrong became CEO, has been an ongoing tale of poor decisions and huge losses. Its worth noting that AT&T lost money owning the cable business - Armstrong was paid an astounding amount to build the cable empire at AT&T only to sell it for less than it cost him. Pathetic. Armstrong clearly needs to go, but at this point its unlikely AT&T will survivce in any case - they will almost certainly be swallowed by SBC.

    As for the cable business, Comcast can only be an improvement. AT&T service was dismal, but typical of this truly out of date corporate dinosaur.

    1. Re:This is good, AT&T is extinct by Jburkholder · · Score: 3, Interesting

      Well, not exactly...

      >Baby Bells join into SBC.

      Southwest Bell was one of the seven baby bells (BellSouth, Bell Atlantic, Ameritech, US West, NyNex, PacTel and SW Bell) and they went on to acquire PacTel and Ameritech and are now SBC.

      Bell Atlantic and NyNex merged and (I lost track) then became Verizon when GTE came to the party.

      >SBC swallows AT&T

      When did this happen? AT&T has been disintegrating on its own for some time now (Wireless, now broadband leaving). SBC hasn't had much to do with it (yet).

  2. Yet in the Dallas, TX area by DAldredge · · Score: 3, Interesting

    They REFUSE to sell you anymore bandwidth, no matter what you are willing to pay...

  3. Good by CaptainSuperBoy · · Score: 3, Interesting

    AT&T sucks. They have managed to purchase a decent cable/broadband company and singlehandedly run it into the ground. Since AT&T's purchase of Mediaone, we've been subjected to increased downtime, crappy digital cable service, slow internet, awful customer service, all with them raising prices across the board. their digital box is the size of a VCR, has no hi-fi outputs (not that it matters, most of the channels are still analog), was designed 4 years ago, and the SLOW ASS interface is worse than my grandma's WebTV.

    Crap. I just needed to rant about how much they sucked. Hopefully Comcast can improve the service a little. Personally I'll be happy if they can go for 6 months without changing their name. Since I subscribed, I had MediaOne for about 3 months, my cable was called MediaOne RoadRunner. Then it was AT&T Broadband, with AT&T RoadRunner for internet. Then the Internet was CALLED AT&T@Home, even though it was really the AT&T Broadband Internet network. Now it's called AT&TBI.