AT&T is weighing spinoff of its long-distance business; management aims to boost ailing stock price and sluggish revenue growth

Article Abstract:

After several months of looking for a possible buyer for its consumer long-distance telephone service, AT&T is reportedly thinking now about spinning off that part of its business. If that happens, the firm would still have its business long-distance service, and network and wireless. Discussions with Nextel and BT continue and could change the outcome of what AT&T ends up keeping.

Long Distance Telephone Svc, Long distance telephone services, Long-distance telephone service

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AT&T weighs breakup into four divisions

Article Abstract:

AT&T Corp. is considering the possibility of breaking itself up into four divisions. The plan would lead to the formation of individual wireless and broadband, consumer, and business operations.

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Infonet removes for-sale sign on lack of offers

Article Abstract:

Infonet Services Corp. is no longer being put up for sale due to a lack of any acceptable bids. The data communications service firm saw its share value drop almost 20% as a result of the decision.

Infonet Services Corp.

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