AT&T Inc. has completed its acquisition of BellSouth Corporaton, creating a flagship American communications company committed to driving convergence, continued innovation and competition in the communications and entertainment marketplace.
The merger consolidates ownership and management of Cingular Wireless, the nation’s No. 1 provider of wireless voice and data services, and YELLOWPAGES.COM, a leading Internet Yellow Pages and local search site.
As a result, the new AT&T will be better able to deliver innovative integrated services, streamlined customer care and greater convenience in buying communications and entertainment services, as the combined company integrates its wireless and wireline IP networks.
According to Reuters.com:
…in its first stage, Cingular will share its orange logo of a bouncing jack with the AT&T globe logo on everything from television ads to sales uniforms and monthly bills.
Wendy Clark vice president of advertising at AT&T, said in an interview:
AT&T’s name and logo will eventually replace Cingular in a process expected to take several months, with the exact timing determined as more customer feedback comes in.
I’m not to sure how I feel about this.
From what I recall, wasn’t AT&T broken apart into many peaces years ago for being a monopoly? and now with this $86 billion purchase of BellSouth Corporation last month it would seem they’re going to become one giant powerful phone company again.