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Microsoft buys AT&T

By Kev
Posted on May 8, 1999 1:37 pm, in News Byproducts

Redmond, WA (NBp) - Microsoft, the world's largest software company, has made a $201 billion bid for AT&T, the US' largest long distance company. This merger, the largest in US history, will create a software and telecomm giant called MT&T.



Logo designers spent well over 4 minutes creating a logo that embodies the idea of both Microsoft and AT&T.

Analysts have only begun to guess at the impact of this merger.

"Clearly, Microsoft will be expecting a deal on their long distance service," said Jeffrey Garbanzo of Kibosh & Garbanzo, an investment firm in New York. "I mean, really. You pay 200 big ones and you're going to expect better than a dime a minute."

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