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COPYRIGHT 2005 The Dallas Morning News
Byline: Terry Maxon
Oct. 28--When AT&T Corp. executives updated investors last Friday about their third quarter earnings, it had all the flavor of a retirement party for AT&T.
"It's been great working with you, and good luck," said one analyst, mindful that AT&T is scheduled to disappear inside SBC Communications Inc. Added another analyst: "Thanks very much and if I can add my best wishes to you as well." "Good luck," echoed another.
As it turns out, the AT&T name won't be retired after all.
SBC announced Thursday that it will call itself AT&T Inc. when the merger is completed, probably by the end of the year.
The announcement came the same day that the U.S. Justice Department approved the mergers of SBC and AT&T as well as Verizon Communications Inc.'s merger with MCI Inc., conditioned on some divestitures by SBC and Verizon.
On Friday, the Federal Communications Commission is set to take up the two mergers. If the FCC approves the deals as expected, the companies have only...
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