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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.

1 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 AT&T service was dismal, but typical of this truly out of date corporate dinosaur.