Search:  

 
 
   All ForumsHot TopicsGallery






how-to block ads


 
Forums » AT&T Willing to Let Merger Die?
Search Topic:
view: topics flat text 
Post a:

Comments on news posted 2006-11-27 09:02:47: "[AT&T CEO] Ed Whitacre is willing to let the BellSouth deal die, a sensible move given the price has gone up $17B since March when the deal was announced and $29B since January," writes industry analyst Dave Burstein in his latest newsletter. ..

page: 1 · 2
AuthorAll Replies


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

 Not up to McDowell; the General Counsel is the key

"The best informed D.C. folks believe the fix is in, and McDowell will suddenly discover that his conflict of interest has suddenly disappeared so he can pass the deal - Ethics be dashed," he writes.
It isn't McDowell's call whether he votes or not, so the ethics be damned charge is meaningless. It is up to the General Counsel, pressured by Martin of course, that will force McDowell to vote.
--
--
My BLOG
My Web Page


ropeguru
Premium
join:2001-01-25
Bridgeport, WV
clubs:
Whether or not it is ethincs on McDowell or Martin, it is still an ethics issue in my opinion.
--
FWD#: 223611


qdemn7
Smurf in My Loop
Premium
join:2003-09-16
Fort Worth, TX

said by ropeguru See Profile :

Whether or not it is ethincs on McDowell or Martin, it is still an ethics issue in my opinion.
Guess I'm missing something. What exactly IS the ethics issue?
--
Those who complain the loudest about their loss of rights under the Patriot Act seem to be the first ones to try to take away others rights under the Second Amendment.


ropeguru
Premium
join:2001-01-25
Bridgeport, WV
clubs:
·VOIPo

said by qdemn7 See Profile :

said by ropeguru See Profile :

Whether or not it is ethincs on McDowell or Martin, it is still an ethics issue in my opinion.
Guess I'm missing something. What exactly IS the ethics issue?
The fact that McDowell used to be on the telecom payroll and his opinion and vote would be biased towards approving for finanacial gain.
--
FWD#: 223611


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast


2 edits
said by ropeguru See Profile :

said by qdemn7 See Profile :

said by ropeguru See Profile :

Whether or not it is ethincs on McDowell or Martin, it is still an ethics issue in my opinion.
Guess I'm missing something. What exactly IS the ethics issue?
The fact that McDowell used to be on the telecom payroll and his opinion and vote would be biased towards approving for finanacial gain.
Actually, it is just the opposite. He represented a CLEC association before the FCC and argued for conditions to a merger. And that is why he excused himself from the AT&T/BS merger case. That would seem to indicate he would be against an AT&T merger without conditions.
»www.njtelecomupdate.com/lenya/te···712.html
McDowell has been acting as if recused from FCC deliberations on the largest telecommunications transaction in U.S. history -- on the grounds that he previously was an attorney and lobbyist for CompTel, an industry association representing Bell company competitors.
--
--
My BLOG
My Web Page


kingmoon

join:2001-10-30
Buford, GA

please let it DIE!!!

I honestly hope it does die as bellsouth is a much better company than ATT and having ATT buy bellsouth would mean that most of what bellsouth has planned in the next few years would probably go down the toilet since ATT believes 6meg service is all people realy need/want PLEASE we need to become more like europe where 25meg+ is the norm


T1 Rocky

join:2002-11-15
Dallas, TX
·Time Warner Cable

reply to TKJunkMail
Re: Not up to McDowell; the General Counsel is the key

Re: Not up to McDowell; the General Counsel is the key

I don't follow - what is General Counsel?

Also, when they are saying the fix is in, what are they referring to? This article is a little vague....

There's no way Whitacre is going to let this merger fall through in my opinion. He's personally spent the last 11 years undoing the telecom Act of 96 piece by piece and now are we to believe he's willing to walk away when there's only 3 companies left? I'm glad (and suprised) the democrats have opposed this merger. When the merger is complete (and whitacre will make sure that it gets done) the loser is going to be the consumer.


anonpronman

@optonline.net

Stock Fraud

This was nothing more than a ploy to artificially inflate the bellsouth stock price.

Do you really thing they didn't know the FCC wasn't going to approve this merger?

Come on now, how naive are you?

Time to call for an SEC investigation

Semi751

join:2006-01-03
Waddy, KY

reply to kingmoon
Bellsouth is terrible

BS better? I guess that depends where you live. Bellsouth in KY is notorious for refusing to upgrade their network to any degree even though they service much of the most populated part of the state. In 2000 when I sold my house there was a year and a half wait for a new phone (basic service) to the new owners because BS refused to upgrade the network.

In 2002 I tried to get ISDN from bellsouth as only 3 blocks in Downtown Frankfort were served with DSL, even ISDN wasn't available. Still today in 2006 I cannot get ISDN let alone DSL. Very few parts of the BS service are in KY are served with DSL while the remote rural areas served by Windstream and other companies have DSL to most homes. Even in extremely rural areas like 10 miles outside of Columbia KY (4,00 population) there is DSL available while in Frankfort and Shelbyville only portions of the town have DSL available. Thank god for cable with companies like Bellsouth.


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast


1 edit
reply to T1 Rocky
Re: Not up to McDowell; the General Counsel is the key

said by T1 Rocky See Profile :

Re: Not up to McDowell; the General Counsel is the key

I don't follow - what is General Counsel?

Also, when they are saying the fix is in, what are they referring to? This article is a little vague....

The General Counsel(head lawyer) for the FCC can rule that in the best interests of the public that McDowell must vote on the merger to break the deadlock, even though McDowell excused himself from the case claiming conflict of interest.

By "the fix is in", they mean that McDowell(a Republican) would most likely vote with the other 2 Republicans and approve the merger with only minor conditions being required. Saying "the fix is in" just means that those opposed to the merger wouldn't be happy if the merger is approved. But, of course, there is no way of knowing for sure how McDowell will vote. He may vote with the Dems and only approve the merger with many conditions being required.
--
--
My BLOG
My Web Page


NetFixer
Freedom is NOT Free
Premium
join:2004-06-24
Murfreesboro, TN
·AT&T Southeast
·Vonage
·Cingular Wireless
·AT&T CallVantage

The briar patch revisited

Am I the only one who thinks that this story sounds somewhat familiar?

--
History does not long entrust the care of freedom to the weak or the timid. -- Dwight D. Eisenhower
Test your firewall. Smell the flowers.


verolom

join:2002-03-23
Eagleville, PA
reply to Semi751
Re: Bellsouth is terrible

Yes, I agree. BS standard DSL here is only 1.5 Mbps/256 kbps. I fail to see how that is better than SBC.

LeeWL

join:2002-11-10
Morrisville, NC
·AT&T Southeast

said by verolom See Profile :

Yes, I agree. BS standard DSL here is only 1.5 Mbps/256 kbps. I fail to see how that is better than SBC.
And the higher levels cost at least $10.00 a month more than similar tiers in the ATT/SBC areas so I am all for it.


dslextreme
Premium,VIP
join:2001-02-23
Canoga Park, CA

1 edit
This is just political posturing

The deal will go through after BellSouth investors get scared and dump the stock dropping the price. Talk about market manipulation.


bassthumpa
Premium
join:2000-12-26
Austin, TX
·AT&T U-Verse

reply to anonpronman
Re: Stock Fraud

said by anonpronman :

This was nothing more than a ploy to artificially inflate the bellsouth stock price.

Do you really thing they didn't know the FCC wasn't going to approve this merger?

Come on now, how naive are you?

Time to call for an SEC investigation
That's a pretty flimsy straw that you're reaching for...
--
My Yahoo! 360° Page


kingmoon

join:2001-10-30
Buford, GA

reply to verolom
Re: Bellsouth is terrible

You are one of the ones who are getting the HUGE upgrade Sad all you people see is there price not the REALITY of it all as in there service is truely best effort just look at there page it shows 3-6meg service not 6meg or 3meg or 1.5meg all ATT's services are this to this ,also there IS a reason ATT was broken up in the first place!!!! Mark my words whoever thinks this will be GOOD, in 5yrs i betcha you will not be sayin that....
--
Athy64 3700@3.0ghz(11x272) MSI Neo2 Platinum (Balistix mod'd)
1024mb pc-3700
Gf6800GT OC


verolom

join:2002-03-23
Eagleville, PA
reply to dslextreme
Re: This is just political posturing

Well let's not pull all of our hair out. The whole thing is a scam. I feel little regret for the poor chaps financially or otherwise invested in either of these two and a half companies.


PHONEMAN

@sbc.com

reply to kingmoon
Re: Bellsouth is terrible

BEFORE THE BABY BELLS WERE ALLOWED LONG DISTANCE, OUR PHONE BILLS WERE HIGHER. BEFORE INTERNET TELEPHONE YOU HAD CELL PHONE OR PAY PHONE AS YOUR ONLY OTHER OPTION. NOW WITH THE PHONE COMPANIES OFFERING TV SERVICE AND THE CABLE COMPANIES OFFERING TELEPHONE( AND AS OF LAST WEEK CELL SERVICE TOO) YOUR BILLS FOR THESE SERVICES ARE GOING TO FALL. THE REALITY IS IN THE FUTURE ALL THESE PLAYERS WILL HAVE TO INCREASE SPEEDS AND COVERAGE TO SURVIVE. THERE ARE MORE PLAYERS NOW THAN IN 1984. THAT IS WHY THERE IS CHANGE. THAT IS WHY THERE ARE MERGERS. ITS CALLED NATURAL ORDER--SURVIVAL OF THE FITTEST. THE COMPANIES THAT COMBINE THERE RESOURCES HAVE A BETTER CHANCE TO SURVIVE. UNDUE THE MERGERS AND SEE WHATS LEFT AND WHAT KIND OF ADVANCES IN TECHNOLOGY YOU GET


Alpine
Premium
join:2000-01-11
Atlanta, GA

reply to TKJunkMail
Re: Not up to McDowell; the General Counsel is the key

Actually, it is just the opposite. He represented a CLEC association before the FCC and argued for conditions to a merger. And that is why he excused himself from the AT&T/BS merger case. That would seem to indicate he would be against an AT&T merger without conditions.
Exactly. The anti-telco zealots, including DSLPrime, seem conveniently to forget the fact that he used to be a lobbyist FOR THE COMPETITION. Doesn't exactly scream that "the fix is in" (at least for AT&T) does it?

But hey, what would the zealots whine about if they paid attention to those pesky 'fact' things, right?



Adam
Forums » AT&T Willing to Let Merger Die?page: 1 · 2


Saturday, 28-Nov 10:10:02 Terms of Use | Privacy Policy | Hosting by www.nac.net - DSL,Hosting & Co-lo | feedback | contact
over 10 years online! © 1999-2009 dslreports.com.republican-creole
page compression OFF