Analysts watch warily as AT&T makes plans official
The telecom giant is breaking itself into four pieces, which has analysts watching the company with skeptical eyes.
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latest developments |
The telecom giant is breaking itself into four pieces, which has analysts watching the company with skeptical eyes. "We believe that the business is melting down." - Jack Grubman, telecommunications analyst, Salomon Smith Barney
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AT&T press conference: breakup official
AT&T works to reshape telecom world
Ma Bell has always been the most closely watched telecommunications company, and despite the breakup, that's not likely to change.
Regulators watching AT&T breakup
One unanswered question following the company's announced plan to split into three separate companies with four stocks is how the move will be viewed by federal regulators.
AT&T chief chafes at charges of $100 billion mistake
The decision to split up AT&T has turned an unwelcome spotlight on C. Michael Armstrong and on whether his vision has turned out to be so much vapor and hype.
AT&T makes its four-part breakup official
update
After much anticipation, the telecommunications giant acknowledges it will spin off its cable and wireless units and list a tracking stock for its consumer services division.
AT&T spinoffs meet skepticism
Even as the company prepares to unveil a radical restructuring, analysts doubt there will be much upside for its operations or its suffering stock.
previous coverage
Ma Bell board mulls breakup of company
It took a federal judge to break up Ma Bell, but an act nearly as brazen could be ordered by AT&T's own board.
AT&T, others use spinoffs to cover weak business tracks
Spinoffs and tracking stocks for slower-growth communications units are coming into vogue, but some analysts question how helpful they can be.
Investors hang up as AT&T stumbles
AT&T shares hit a new 52-week low as investors continue to question the company's future under the guidance of chief executive C. Michael Armstrong.