Friday, December 02, 2005

A Stealth Take Over of 2Wire?

Props go out to Om Malik, who writes in his Next Generation Internet blog this morning:

Alcatel, AT&T and Telmex have done what amounts to a quasi-takeover of 2Wire, a San Jose-based DSL modem maker with plans to deliver a triple set-top box. In a news release this morning, Alcatel and 2Wire announced that the french company was taking a 25% stake in 2Wire.

Buried in the same press release is information that company formerly known as SBC (aka AT&T) and Carlos Slim was taking a minority stake in the company.

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