Thursday, May 06, 2004

WSJ.com - A New Cellphone Service With an Old Name

WSJ.com - A New Cellphone Service With an Old Name "In a situation bound to confuse millions of consumers, AT&T Corp. plans to launch its own wireless business -- using the AT&T name -- just as Cingular Wireless closes its $41 billion acquisition of AT&T Wireless Services Inc. this year.
"We'll be back in wireless, probably the next day," AT&T Chairman and Chief Executive David Dorman said recently. AT&T has been largely shut out of the cellphone business since 2001, when it split off AT&T Wireless as a separate company to reduce a crushing debt load."

If they're planning this far ahead, I wonder if they have a target time frame for dumping their next wireless service as well...

No comments: