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Technology Stocks : CSG Systems (CSGS) Billing Support Software -- Ignore unavailable to you. Want to Upgrade?


To: JGreg who wrote (127)9/28/1999 11:03:00 AM
From: JGreg  Respond to of 135
 
Since AT&T is said to be such a major player in CSGS's future, any comments on how this news might affect CSGS, if at all?

"AT&T CORP (43-5/8, before open) is solidifying its position in providing Internet services, is expected to announce an equipment purchase from merger partners GENERAL INSTRUMENT (46-1/4) and MOTOROLA (86-1/2) valued up to $1 billion, the Wall Street Journal said. AT&T plans to buy up to 2 million more cable- television set-top boxes from General Instrument and one million cable modems from Motorola Inc., which recently said it planned to buy GI for about $11 billion in stock. The paper said the boxes, which would be in addition to the 6.5 million set-top boxes that AT&T already has committed to buying, would be equipped to handle new digital services. "