Tuesday, January 23, 2007

Stephen Colbert trys to explain AT&T's very convoluted ownership.

Yes, Colbert is hilarious mocking this complex corporate structure, but the truth is, it is absolutely ridiculous. Of the 24 Bell Companies which spun off AT&T in 1984, at the government's request, 11 are now back under AT&T's ownership. Here is symplified diagram, outlining the mergers that brought together the current AT&T.

Read more about AT&T and its merging here and here.