AT&T Exec: More Telco Consolidation Ahead
Dan Frommer writes on Forbes.com:
Thought the AT&T-BellSouth merger was the end of telcom consolidation? Think again, says AT&T Chief Operating Officer Randall Stephenson.More here.
Stephenson says he expects further coupling in the telecom sector, but it's unlikely AT&T will lead the spree.
"This industry is changing so fast. I don't think the industry is through consolidating," Stephenson said today at an investor conference in New York. "It doesn't necessarily mean that we're a part of it going forward, but I do think this industry will continue to consolidate and change."
posted by Fergie @ 3/29/2006 11:56:00 AM
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