AW and all: WSJ article on:
AT&T-BT Alliance Faces Bevy of Rivals, Including Some New Players to the Scene
interactive.wsj.com Excerpts: The BT-AT&T venture will also battle with more conventional challengers such as WorldCom Inc., which last week unveiled a roughly 2,000-mile network linking several European cities. Access to its own network means that WorldCom won't have to pay hefty fees to various distributors- savings it can pass on to multinationals.
BT and AT&T have a similar plan. "What didn't work in the other alliances, we've corrected that," said Sir Peter Bonfield, BT's CEO at the news conference on Sunday, when the deal with AT&T was announced. John D. Zeglis, president of AT&T, added: The AT&T-BT alliance "has more scope and ambition than either of us had in our previous alliances. The bar has been raised permanently."
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