On Sat, 10 May 2008 08:22:45 -0400, "Pangloss" <optimist@pessimist>
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...
That is partially correct but misleading. SBC was an owner of
Cingular since its inception. It was a joint venture between SBC
and Bell South. When SBC bought Bell South they became the sole
owner of Cingular. |