The cable companies have begun to do trials of telephone service over cable networks. I think this acquisition will speed things up. The combination of ATT's financial muscle and the advent of Internet based telephony will be the two things that will push that along, and I would think you would be seeing Internet telephony over cable systems in the next three years.
More Quotes from Robert Wilkes:
The church influence washes over, runs through, pervades everything we do.Robert Wilkes
While the gain was included in operating results, it was clearly stated up front in the earnings press release, and management encouraged analysts to remove it from their earnings models.
Robert Wilkes
The Internet is clearly an emerging market that is going to be huge over the next decade, and this is going to be the leading player.
Robert Wilkes
ATT's basic business is transport, so to the extent that AOL would give them more traffic and to the extent that ATT could limit AOL's involvement with its competitors . . . it's certainly something they need to look at.
Robert Wilkes
I think this is going to get close scrutiny. This raises the bar as far as the nervousness about regulatory approval the companies should be feeling right now.
Robert Wilkes
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