AT&T May Change MVNO Plans

It's a matter of where the cash came from. I am sure that they don't have 30+ billion dollars just lying around, so obviously they financed it.
They could have borrowed a portion of it from banks or other financial institutions or sold corporate bonds.
I am not sure what they did but it is added to their indebtedness. On top of that they have 26 billion in other debt and they bought AT&T for 8 billion. AT&T has 6 billion in debt that SBC is now responsible for.
This information came from the press release from the SBC website.

Almost everything you just said is pure speculation.
SBC and Bellsouth didn't have to "finance" or "borrow" to get the money to buy ATT wireless.
They had it.
Bellsouth had to sell some properties in latin/south america but other than that, they had the CASH.

SBC didn't buy ATT for 8 billion. They are paying 16 billion. It's worth every penny.

You seem to trash talk almost everything that Cingular/SBC does. You were 1000% wrong about the Cingular merger, and you are wrong about SBC/ATT.

Keep up the good work Mr. Sprint saleman. 🙄

This hasn't even been approved yet.

Who are you telling?

PhoenixAshes said:
Almost everything you just said is pure speculation.
SBC and Bellsouth didn't have to "finance" or "borrow" to get the money to buy ATT wireless.
They had it.
Bellsouth had to sell some properties in latin/south america but other than that, they had the CASH.

SBC didn't buy ATT for 8 billion. They are paying 16 billion. It's worth every penny.

You seem to trash talk almost everything that Cingular/SBC does. You were 1000% wrong about the Cingular merger, and you are wrong about SBC/ATT.

Keep up the good work Mr. Sprint saleman. 🙄

I don't recall you being here for the Cingular/ATTWS merger.

muchdrama said:

PhoenixAshes said:
Almost everything you just said is pure speculation.
SBC and Bellsouth didn't have to "finance" or "borrow" to get the money to buy ATT wireless.
They had it.
Bellsouth had to sell some properties in latin/south america but other than that, they had the CASH.

SBC didn't buy ATT for 8 billion. They are paying 16 billion. It's worth every penny.

You seem to trash talk almost everything that Cingular/SBC does. You were 1000% wrong about the Cingular merger, and you are wrong about SBC/ATT.

Keep up the good work Mr. Sprint saleman. 🙄

I don't recall you being here for the Cingular/ATTWS merger.

And I don't recall soliciting y...
(continues)

Now when you say they are purchasing ATT for 16 billion dollars what do u mean by that are you referring to ATTWS because they bought ATTWS for 43 billion dollars

Ro_Ro77 said:
Now when you say they are purchasing ATT for 16 billion dollars what do u mean by that are you referring to ATTWS because they bought ATTWS for 43 billion dollars

Cingular purchased ATTWS(the wireless company) for 41 billion.

SBC is trying to purchase AT&T(the landline company) for 16 billion.

AT&T and ATTWS are 2 different companies.

No kidding they are two different companies. I was wondering exactly what the last person was talking about. But thanks for the clarrification.

Sorry. You posted your response to me, so I thought you were talking to me.

SBC owns 60% of Cingular.... 😛

jwbass1985 said:
SBC owns 60% of Cingular.... 😛

...and the sky is blue. what's the point?

PhoenixAshes said:

muchdrama said:

PhoenixAshes said:
Almost everything you just said is pure speculation.
SBC and Bellsouth didn't have to "finance" or "borrow" to get the money to buy ATT wireless.
They had it.
Bellsouth had to sell some properties in latin/south america but other than that, they had the CASH.

SBC didn't buy ATT for 8 billion. They are paying 16 billion. It's worth every penny.

You seem to trash talk almost everything that Cingular/SBC does. You were 1000% wrong about the Cingular merger, and you are wrong about SBC/ATT.

Keep up the good work Mr. Sprint saleman. 🙄

I don't recall you being here for the Cingular/ATTWS merger.

...
(continues)

You call me a Sprint salesman as if it were a bad thing. Doing so merely shows your bias towards your carrier, which is as it should be.
Forgive me if I don't read as deeply as those who are on the inside.
I am very partial to CDMA technology and I freely admit it.

I do not like the way the Cingular reps have polluted the Verizon forum here. It shows that the reputation of Cingular is not merely a rumor it is the way things are done there.

So no I do not like Cingular, even though it is a well managed company, many of their reps have ethical challenges which can be clearly seen in the Verizon forum.

I don't mind open debate, it is healthy. I refuse to attack an individual, it is wrong. I also do not post on forums where I do n...
(continues)

SPCSVZWJeff said:
You call me a Sprint salesman as if it were a bad thing. Doing so merely shows your bias towards your carrier, which is as it should be.
Forgive me if I don't read as deeply as those who are on the inside.
I am very partial to CDMA technology and I freely admit it.

I do not like the way the Cingular reps have polluted the Verizon forum here. It shows that the reputation of Cingular is not merely a rumor it is the way things are done there.

So no I do not like Cingular, even though it is a well managed company, many of their reps have ethical challenges which can be clearly seen in the Verizon forum.

I don't mind open debate, it is healthy. I refuse to attack an individual, it is wrong. I a

...
(continues)

PS- you, and your friends can call me Cain all you want. It's as true as your predicted failure of Cingular wireless.

I don't recall him ever predicting the failure of Cingular wireless.

muchdrama said:
I don't recall him ever predicting the failure of Cingular wireless.

Actually,
In one post he stated "Cingular is destined to remain Number 2".
In another, he stated that cingular would inherit ATT's terrible churn rate and subscriber losses.

That's not exactly saying "cingular is a failure", but if Cingular were to remain #2 after the merger, and lose subscribers like the guy said, then that would be considered a "failure". He was wrong on both counts.
I'm sure I could find more quotes, but I'm only willing to spend about 2 minutes on this particular point. If you'd like to find more quotes, just type his name in the search bar and click "all forums"...

lets put this to bed please.

joachim said:
lets put this to bed please.

It's between them...I'll step out for a smoke.

Yes it is, but it doesn't go over well with the shareholders. Remember it is the amount of debt that caused AT&T to spin ATTWS off by way of an IPO. I am sure there is a long term forecast here. SBC must be looking 10-20 years down the road.
This could actually play into Verizon's hands. The speculation is that they want Sprint but the DOJ won't let them. After the DOJ approves this buyout they will have set a precedent for Verizon to buy Sprint.

SPCSVZWJeff said:
Yes it is, but it doesn't go over well with the shareholders. Remember it is the amount of debt that caused AT&T to spin ATTWS off by way of an IPO. I am sure there is a long term forecast here. SBC must be looking 10-20 years down the road.
This could actually play into Verizon's hands. The speculation is that they want Sprint but the DOJ won't let them. After the DOJ approves this buyout they will have set a precedent for Verizon to buy Sprint.

10-20 yrs? I'd say a great deal less time.

My speculation (yes Phoenix I admit that this is speculation) is that SBC is looking long-term. This is probably going to pay big dividends for them. It will give them a revenue stream that didn't exist before. It may also provide for them to lock out competition to their land line subscribers by bundling products and services. Qwest did this in their markets but they didn't have the money to compete in the wireless side of things. It was tough to sell against Qwest who would give their customers phones when they could not pass credit with other carriers.

Verizon already got the go-ahead to buy spring from their controlling company. I think they are waiting until the sprint-nextel merger is finalized before they go dumping money into the company. Buying sprint could be a major win for verizon, but they could be slitting their throat if they do it at the wrong time.