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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mauser96 who wrote (3202)6/29/1999 5:27:00 PM
From: DownSouth  Read Replies (1) of 54805
 
but wasn't AT&T forced to do it as part of a settlement?

It is debatable whether it was "force". T chose to break up for the following reasons:
1. De-regulation was coming, break up or not. T did not want to be straddled with the restraints on competition tha their monopolistic privilege required. They wanted to get into "the computer business". They were trying to buy Wang and did buy NCR immediately after the breakup, remember?
2. Breaking up did get the gov't off their back and let them get on with competing with MCI, who was starting to eat their lunch in big nibbles.
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