mrak wrote:snoqueen wrote:Southwestern Bell renamed itself SBC, bought Ameritech (our "Baby Bell"), two other Baby Bells, and the post-1984 AT&T, whose name they took.
So, for those keeping score, the eight major companies AT&T was broken up into in 1984 have reassembled into three:
AT&T (4 Baby Bells plus post-breakup AT&T)
Verizon (2 Baby Bells plus GTE)
Qwest (Acquired U S West)
i will admit first of all that i'm a little naive on this subject. that said, does anyone else find it odd that these companies are able to aquire each other again after the government broke them up however many years ago?
as an aside: there is also major consolidation going on in the pharmaceutical world. multinationals gobbling up multinationals. i'm mainly referencing the novartis purchase of chiron here, but there's got to be other examples. to me, this is quite disconcerting.