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Att Corp

BUSINESS
March 13, 1999
AT&T Corp. got clearance from the Justice Department to buy IBM Corp.'s global communications network for $5 billion, with no conditions attached. AT&T says it could receive $2.5 billion in additional revenue in the first full year of operating the network.
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BUSINESS
July 1, 2005 | From Associated Press
AT&T Corp. shareholders approved the company's $16-billion acquisition by SBC Communications Inc., which would create one of the world's largest phone companies. The merger has won regulatory approval in 26 states and still needs OKs from 10 additional states and the federal government. If it is approved, closing is expected late this year or early next year.
BUSINESS
June 22, 2004 | From Reuters
Mexico issued new telecommunications regulations to boost competition in the international long-distance market, seven years after it was opened to foreign companies such as MCI Inc. and AT&T Corp. The rules come three weeks after the United States and Mexico resolved a long-running dispute over international telecommunications services. The new rules entitle phone companies to negotiate fees to finish calls abroad with foreign companies of their choice.
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