New AT&T Acquires BellSouth

spune writes "Only months after SBC's acquisition of AT&T last November, the newly rechristened telecom has announced that it plans to buy fellow Baby Bell BellSouth Inc, of Atlanta, Georgia for $67 billion. This action by AT&T will consolidate more than half of the original Bell System into a single entity, leaving only Verizon and Qwest as remaining Bell family competitors. Analysts predict this deal will be approved by the FCC with only minor restrictions on the new company, which will serve residences and businesses from California to Florida."

Comments

A long time ago in a galaxy far far away

[BadAnalogyGuy]

War!

The Republic, with the help of its Jedi soothsayers, foresaw trouble ahead, leaving Ma Bell in one piece and to her own devices. Ma Bell fought back with all her might, but was torn to pieces by the deadly lightsabers of the Republic.

Several decades later, inefficiencies in having separate phone systems have led to the collaboration of those separated parts. Their merger begins anew their gradual domination of the Republic's phone systems. This time, the Republic isn't so concerned.

Well, all I have to say is:

[Chas]

I for one welcome our "Old Is New Again" phone overlords.

When do I sign up for actually renting my telephone again?

*sigh*

Cincinnati Bell

[AubieTurtle]

This action by AT&T will consolidate more than half of the original Bell System into a single entity, leaving only Verizon and Qwest as remaining Bell family competitors.

Cincinnati Bell will be quite surprised to learn that it no longer exists.

Re:They're trying to get it done quick.

[Your Anus]

I find your lack of faith... disturbing.