| BUSINESSWEEK ONLINE : APRIL 12, 1999 ISSUE | ||||||||
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| COVER STORY
The Long Arm of Ed Whitacre SBC's acquisitions have extended the company's influence throughout the country and overseas. Still, critical strategic challenges remain. PACIFIC TELESIS SBC became the first Bell company to gobble up another when it acquired Pacific Telesis in April, 1997, for $16.7 billion. AMERITECH The $62 billion deal with Ameritech would transform SBC into a telecom titan, with $46 billion in sales and one-third of the nation's phone lines. SBC Since Whitacre took over the smallest Baby Bell in 1990, he has built it into the second largest--and most profitable. SOUTHERN NEW ENGLAND TELECOM The acquisition of Connecticut-based SNET was SBC's first foray into the Northeast--and a shot across the bow of rival Bell Atlantic. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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