At Qwest, a chance to become really big

Article Abstract:

Qwest Communications International Inc. is going after U S West Inc. and Frontier Corp., both of which had agreed to be acquired by Global Crossing Ltd. Qwest chief Joseph P. Nacchio has assembled a serious team unafraid to enjoy themselves while crushing the competition. And Qwest's founder, Philip Anschutz's deep pockets as well as the Telecommunications Act of 1996 contribute to the company's competitiveness. There is also a personal rivalry between former AT&T executives Nacchio and Global Crossing chief Robert Annunziata. Await round two in the battle of the communications moguls.

COMMUNICATION, Communications, Broadcasting and Telecommunications, Management, Company acquisition/merger, Regional Bell Operating Companies, Anschutz, Philip F., Nacchio, Joseph

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SBC to acquire stake in unit of Williams

Article Abstract:

While the Bell phone companies are not allowed to sell long-distance phone service in their primary markets, they are allowed to do what SBC Communications is doing, acquire up to as much as a 10% stake in a long-distance company. In the first of such deals, SBC is thought to be getting a stake in Williams Companies communications unit valued at as much as $500 million.

Comment:

SBC bought stake in the communications unit

Telephone and telegraph apparatus, Telephone Apparatus Manufacturing, Telephone communications, exc. radio, Long Distance Network Equip, AT&T Inc., Abstract, SBC, Long distance networks, The Williams Companies Inc., WMB

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