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<< Russia to End Democratic Protest | Main | Bush Sought to Poison Europe >> April 01, 2004AT&T Dropped from Dow JonesIt's a symbol of the massive changes in the telecom industry that AT&T has been dropped from the list of 30 companies tracked in the Dow Jones Index, now to be replaced by Verizon. Which makes sense. AT&T is now a relatively minor company, one long distance company among several, with no cable division (sold off Comcast), no wireless division (sold off to Cingular), and not much else. I've always believed that the breakup of AT&T was bad for both extending universal service and advancement of technology in the telecom industry. This symbolic fading of AT&T into corporate obscurity is just a reminder of that regulatory road taken. Posted by Nathan at April 1, 2004 09:54 AM Related posts:
Trackback PingsTrackBack URL for this entry: CommentsI think that it was bad too. Posted by: Lynne at April 1, 2004 01:33 PM are you really this inept? ATT Wireless was not a part of ATT, it was a separately traded company spun off quite a few years ago that merely kept the ATT name for recognition sake. Posted by: a at April 2, 2004 11:50 PM Post a comment
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