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le Control of Cingular Drives Timing of AT&T/BellSouth Deal
Some interesting things here and i will post it;
source is; The Gartner Research group
"AT&T's plan to merge with BellSouth and assume sole ownership of Cingular Wireless
would likely accelerate convergence between AT&T's fixed and mobile assets and
businesses.
Event
On 5 March 2006, AT&T and BellSouth announced plans to merge, in a stock transaction worth
about $67 billion. When the deal is complete (expected by March 2007), AT&T will own Cingular,
the wireless joint venture that is currently 60 percent owned by AT&T and 40 percent owned by BellSouth. The AT&T name and brand will replace those of BellSouth and Cingular.
Analysis
This deal isn't surprising, but we didn't expect it so soon after SBC's acquisition of the "old...
(continues)
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6037
Mar 9, 2006, 10:09 PM
I don't know where this concept "negotiating" Cingular contracts came from. You sign a contract you get a discount on a phone and mobile to mobile, you dont sign a contract...you dont get either...end of story. Where does the negtiating come in?
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If your a large business customer, your contract may stipulate that you can renegotiate rates after a certain amount of time.
Just an FYI, large business customers (say... over 200 lines) negotiate their own rates, they don't walk in an pick a rate plan.. it is customized for their usage and size.
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also, they were talking about the companies that use bst and att that have contracts to service servers, it, back-end support where contracts are not for finacial liability per se, but an agreement... if you do this, i will do this. if this and that do not happen, we walk type deals. not the same thing as consuer contracts.
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well big companies can negotiate their contracts if there is a merger going on... and cingular and other companies going through the same thing would move and cooperate with them.
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