SBC, BellSouth not interested in long-distance carriers

10/7/2004 | Wall Street Journal, The

The Wall Street Journal reports that SBC Communications CEO Edward Whitacre and BellSouth CEO Duane Ackerman aren't interested in acquiring large long-distance carriers such as AT&T and MCI. Whitacre said the stock prices of long-distance carriers are too high at this time, while Ackerman said declines in revenue from providing telecom services to large corporations has made him wary.

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