Industry titans shake on $5 billion deal
In a move to ensure its role in the broadband revolution, Microsoft takes a $5 billion stake in AT&T and signs a number of deals with the telecom giant.
latest developments |
Microsoft, in a move to secure its spot in the broadband parade, takes a $5 billion stake in AT&T. The telecom giant, following its proposed acquisition of MediaOne, will be the largest cable operator in the nation. "Microsoft wants a seat in the new broadband environment, and they bought that seat." - Jim Balderston, Zona Research analyst |
| Microsoft: Money talks news analysis Microsoft has vast amounts of experience and resources to create clever software, but when it muscles into new markets a simple maxim applies: money talks.
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Microsoft, AT&T in $5 billion pact Previous coverage
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