Monday, April 02, 2007

The New AT&T

Taken from The New York Times:

The new AT&T has 66.5 million land-based telephone lines, 61 million wireless subscribers, 12 million broadband lines, and sells local phone service in 22 states. It has 302,000 employees.

AT&T's $242.77 billion market capitalization by far surpasses that of the next largest phone company, China Mobile, at $ 183.13 billion, and is double that of the nearest American competitor, Verizon Communications, at $109.62 billion.The company has come a long way largely on Ed Whitacre's vision,said John C. Hodulik, an analyst with UBS.Right from the beginning, he realized the benefits of scale in the telecommunications business.

No comments: