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The end of the line for the telco?
Published: 28 September 2001 07:45 BST
AT&T is in talks with BellSouth to merge its long-distance and business networking assets.
The proposal is in its early stages, claim industry sources. Any deal could see AT&T shed its broadband business.
Such a deal would effectively mean the death of AT&T as a leading global telecommunications brand.
The telco is saddled with debt as a result of extensive investment in its cable business.
Representatives from AT&T and BellSouth declined to comment on the deal, which was first reported by Business Week.
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