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SBC Agrees to Acquire AT&T

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SBC Agrees to Acquire AT&T

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SBC Agrees to Acquire AT&T

SBC Agrees to Acquire AT&T

  • Download
  • <iframe src="https://www.npr.org/player/embed/4471960/4471961" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

San Antonio-based SBC reportedly strikes a deal to buy telecommunications giant AT&T. The cash and dividend deal is valued at $16 billion. The merger would create the nation's largest telecommunications company.