Ten months of 
confusion, but it finally got over. Yes, with the Federal Communications Commission (FCC) giving a final nod to the $85 billion merger between AT&T and BellSouth on December 29, 2006, the deal signed in March 2006 with expected synergies worth $18 billion, finally saw sunlight!The transaction also grants AT&T complete control over Cingular – US’ leading wireless service provider. “AT&T will be an engine for innovation, competition and growth for our customers,” remarked Ed Whitacre Jr., Chairman & CEO, AT&T on the completion of the merger. The merger was hit by ‘objecting’ forces as soon as it was devised.
For Complete IIPM Article, Click on IIPM Article
confusion, but it finally got over. Yes, with the Federal Communications Commission (FCC) giving a final nod to the $85 billion merger between AT&T and BellSouth on December 29, 2006, the deal signed in March 2006 with expected synergies worth $18 billion, finally saw sunlight!The transaction also grants AT&T complete control over Cingular – US’ leading wireless service provider. “AT&T will be an engine for innovation, competition and growth for our customers,” remarked Ed Whitacre Jr., Chairman & CEO, AT&T on the completion of the merger. The merger was hit by ‘objecting’ forces as soon as it was devised.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative
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