Will AT&T play second fiddle? $2 Billion Concert will be #2 in U.S., #3 Worldwide

摘要

The surprise announcement last week of a gargantuan $22 billion MCI-BT merger signals the birth of a new "supercarrier." The elegantly-named Concert will be the third largest telecommunications company in the world, behind AT&T and Nippon Telephone & Telegraph. If approved by the FCC, the deal would be the largest telecommunications acquisition in history, the largest ever international merger, and the second largest acquisition in U.S. history. The newly formed Concert will generate $42 billion in revenue, and $12 billion in cash flow annually. It also makes a quantum shift in the U.S. telecom marketplace. AT&T has the most to lose. The most influential U.S. carrier will for the first time face a competitor with equally wide experience and deep pockets. And on AT&T's own home turf too.