Oct 31, 2005 -- SBC taking over AT&T, but keeping its name
The FCC has approved the takeover of AT&T by SBC, one of the major long distance companies in the country. AT&T, once the proudest name in corporate America, is no more. Now, AT&T wireless has disappeared, the cable provider dissolved and now the entire company itself is no more. But funny enough, people don’t know who SBC is. So, ironically, SBC is adopting AT&T’s name. The company knew AT&T had great name recognition, even if it’s negative. The good news is that because of this merge, people can now get high-speed Internet access without having to sign up for local phone service. Also, if you have an alternative phone service such as Vonage or Packet8, it will be illegal for these companies to block that access. Several other companies are doing that and playing dirty pool. But with SBC and Verizon, it will be illegal and, in turn, the rate will be much cheaper.
