I think investors have a pretty short memory. If they think back to every big telecom merger that has [taken place] the FCC has always made [cautious] comments at first. |
Sprint PCS' wireless network is one of the last keys filling one of the last holes in MCI's network. |
The issue has been has been and continues to be the decline in AT&T's core businesses, both on the consumer long distance side and in its business services side. On the consumer long distance side, the decline was expected, but the magnitude wasn't. |