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| | VON Magazine :: Web Exclusives :: The Return of Ma Bell? (Site not responding. Last check: 2007-10-21) |
 | | The "new" ATandT is making an all-stock deal of $67 billion that would leave the company hold the sole title to Cingular Wireless, 70.9 million local phone lines in 22 states, 9.9 million DSL lines, and 54.1 million wireless customers. |
 | | ATandT has cited holding sole control of Cingular, run as a joint venture with Bell South, as one of the driving reasons for the deal. |
 | | Consumers Union and the Consumer Federation of America are going to ask the Justice Department's antitrust division to block the deal, predicting a merger will lead to higher local, long distance, and cell phone prices for consumers across the country, particularly in the South and Southeast. |
| www.vonmag.com /webexclusives/2006/03/6_Ma_Bell.asp (349 words) |
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