"The proposed Consumer Services charter amendment would authorize AT&T to issue up to 500 million shares of AT&T Consumer Services Group tracking stock."
Sound like 1 tracker share per 7 T shares and a dividend of about $1.05 per tracker share? What would the dividend yield be...200%???
And don't forget, Qwest must get ld aproval state-by-state. 14 States. It will be a long, long time.
T on the other hand is getting into local, in Qwest territory.
Life is good.
>>>Why did they let Quest buy U.S. West??
Because there are restrictions on US West engaging in LD. But, Q has recently submitted for authority to enter LD and if it is approved...and there is a better than even chance it will be...they could then have nationwide LD authority. SBC still has to battle for authority in California which is a little tougher...but its coming.
>>>the street is telling you there is no deal with cmcsk
Actually, I think the market is saying the opposite...what management is proposing in this merger is so bad that if it passes T has no chance of recovery. It will begin the "doom loop".
>>>An RBOC and T will merge.
Even if they do...and I don't think they will...why is this a good thing? Do you think T's management is going to negotiate a RBOC to pay a premium for T? Comcast is not paying one for BB. And if you don't get a premium in an acquisition is the return to the shareholders going to come from the profitability from the synergies of the combined companies? Hope you're willing to leave your investment tied up on a long shot for a long...long, long, long...time. You think SBC is going to allow a combined BLS/T to take market share away on their home turf? They will fight like hell...they've already demonstrated they will do whatever they have to to dominate their market. The competition will cost both companies alot for a long time...all the while they will be competing with wireless and cable telephony.
<<Don't bet on any LD company merging with a RBOC. The regulators are paranoid about a RBOC getting control of a LD network and stifling the competition...which is exactly what they have demonstrated their strategy would be. And, the RBOCs don't need a LD network...they would prefer to get low wholesale rates from various LD networks competing with each other on price. >>
That's going to change. The FCC will let an RBOC merge with an IXC. It's a matter of time.
Also, think of this scenario. T through its Consumer Unit and the CLEC operation would offer that RBOC the ability to grow it's revenues in areas where they have no presence today, and don't want to invest in the seed capital to enter a market. i.e. - BLS and T join forces. Then BLS uses T Consumer to expand market coverage in California.
An RBOC and T will merge.
You're going to lose your job, gr. Its a fact. You can sit there and try to justify why tomorrow will be a better day for at&t, but the simple facts are that the cmcsk deal isn't happening, and all that debt is going to crush at&t into bankruptcy. A 2 year death spiral is never wrong. This rotting whore is going to drag you into the grave with her!!!
by the way, your posts are starting to take on a very emotional tone...try to calm down; you're going to have a heart attack!!!
>>>They will most likely merge with an RBOC, with very little debt.
Don't bet on any LD company merging with a RBOC. The regulators are paranoid about a RBOC getting control of a LD network and stifling the competition...which is exactly what they have demonstrated their strategy would be. And, the RBOCs don't need a LD network...they would prefer to get low wholesale rates from various LD networks competing with each other on price.