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MBA540 benchmark

   
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Title: MBA540 benchmark
 
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Subject: Miscellaneous
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Date: January 11, 2000
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Length: 3 / 756
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In addition, AT&T will take full control of Cingular Wireless, a joint venture owned by AT&T and BellSouth. AT&T already owns 60 percent of Cingular, which is considered the largest cellular phone company in the U.S., providing service to more than 54 million subscribers in the United States...
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In contrast to the Lester and Shang-wa merger, Verizon could become a target of a hostile takeover it shareholder feel the company will lose market share due to Cingular's new position. "Verizon could potentially lost market shares if the acquisition is completed...
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