All I know is my wireless flip phone no longer say Cingular when I open it, it says AT&T ;)
mike hunt
Cingular is 60% owned by SBC (er, the "new" at&t) and 40% by Southern
> Bell which incidentally is the "new" at&t's next target for acquisition.
> The deal should be completed by the end of the year.
>
> JT
>
>
>
>
> Mike Hunter wrote:
>>
>> The irony is that Cingular is now part of the new AT&T LOL
>>
>> mike
>>
>> >
>> >
>> > w_tom wrote:
>> >>
>> >> AT&T still exists. Its long distance and some other operations >> >> exist
>> >> under SBC management (who also took on the AT&T name). Its cell phone
>> >> business now exists as part of Cingular. Its two cable companies ...
>> >> lost track of who has all that now. Its NCR division now operates >> >> profitably.
>> >>
>> >> Eastern Airlines and Pan Am became part of ... again I forgot who
>> >> took them over. TWA - did that become part of American? TWA's St
>> >> Louis hub - did that become an American Airlines hub? So yes, if a
>> >> company is only its management, then you are right - none of them
>> >> exist. But those companies still exist as part of other companies -
>> >> and that is my point. Why are those operations successful again?
>> >> Because the only reason for failure - bad management - was replaced.
>> >> Look at GM to discover a same problem.
>> >>
>> >
>> >
>> > Wrong! EAstern and Pan Am were liquidated.
>> >
>> >
>> >
>> >> Most every large company does not just go bust. Its core operations
>> >> are removed from bad management. Sometimes those operations get a new
>> >> name. But those businesses continue. New management often must
>> >> restructure those operations because bad management had created bad
>> >> organizations and stifled employees. The point remains - GM will not
>> >> vaporize. It may reorganize. It may be purchased. It may be broken
>> >> up and distributed to other companies that have management with brains
>> >> instead of egos. Major companies do not vaporize. They get new
>> >> management to replace the only reason why companies such as GM, AT&T,
>> >> Eastern Airlines. PanAm, etc were failing.
>> >>
>> >> Graduates of business schools don't like to admit this because they
>> >> are so often the reason for failure. When management does not come
>> >> from where the work gets done, then innovation cannot happen. >> >> Business
>> >> school graduates assume that more investment make more innovation.
>> >> They assume innovation falls from the sky like rain. Simply make
>> >> clouds and rain will invariably happen. Bull.
>> >>
>> >> Innovation requires capital. But too much capital can even destroy
>> >> innovation. It is not a bidirectional relationship as so many >> >> business
>> >> school graduates assume. Innovation requires investment. But
>> >> investment does not create innovation; a direct contradiction to what
>> >> is taught by business school simulations and spread sheet analysis. >> >>
>> >> GM's problem is their management - especially Rick Wagoner - a
>> >> classic example of business and law school thinking. Whatever saves >> >> GM
>> >> must first eliminate the reason why GM's large reservoir of talent has
>> >> been stifled for 30 years. Same thing that destroyed AT&T (and
>> >> Lucent), Eastern Airlines, Pan Am, etc was bad management. Those core
>> >> >> >> > News Flash!!!
>> >> >
>> >> > The original AT&T is no longer. It (the unprofitable remains) were
>> >> > purchased by SBC which then changed its name to the "new" at&t. >> >> > SBC, a
>> >> > former baby Bell was worth far more than the original AT&T... >> >> > ...
>> >> >
>> >> > Really?
>> >> >
>> >> > Evidently you have forgotten about Eastern Airlines, Pan Am, W.T. >> >> > Grant
>> >> > and a host of others.
>> >> >
>> >> > Nice try but no cigar!