BellSouth Stands Alone

SBC's bonehead CEO is mad at BST's Duane Ackerman for not merging the two BOCs together in February. (Duane is probably wondering why he didn't buy AT&T last year when he had the chance). Om thinks that BST will be fine, since BST is the most profitable Bell company - and the most innovative. Businessweek writes about the Cingular set-up: even though BST owns 40%, it has 50% of the board and management control - and when SBC-AT&T starts really selling Cingular, 40% of the profits go to BST. In the Businessweek article where Whiteacre admits to planss of a walled garden, Whiteacre discusses the SBC-BST competition. Interesting stuff.