Put it in writing: business strategy in brief

摘要

Iled public relations for the old, "new" AT&T for much of the 1990s, which was the company's most acquisitive phase since the original AT&T was cobbled together at the beginning of that century. The 1990s culminated in a period of serial divestitures as the debt that piled up in the course of all those acquisitions lay on the balance sheet like an insatiable tapeworm, consuming cash and starving growth. Ultimately, the company was acquired by one of its former subsidiaries, which promptly assumed its name.