At 10 May 2008 08:22:45 -0400 Pangloss wrote:
> > *Sigh* AT&T did NOT "buy out" Cingular. Cingular's parent company, SBC
> > (Southwestern Bell) bought (what was left of) AT&T,and renamed
themselves
> > and their "Cingular" wireless divison, to "AT&T" for the name-brand
> > recognition.
>
> Actually they bought BellSouth which owned Cingular...
Almost- SBC (now AT&T) bought BellSouth who owned 40% of Cingular (SBC
owned the other 60%.)
I skipped that part for simplicity (and irrelevance.) Cingular was always
a joint-venture between SBC and BS. After absorbing both AT&T and BS, SBC
was free to rename Cingular to AT&T.
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