Microsoft Buying in to AT&T

from the mega-companies dept

Comcast dropped their bid for MediaOne yesterday, and now there are rumors circulating that part of the reason is a new deal coming out between AT&T and Microsoft, where Microsoft will pay AT&T $5 billion for a 2 to 3% stake in the company. Obviously, this is a small amount, but it's still a very big deal.
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  • identicon
    Jon Acheson, 6 May 1999 @ 1:26pm

    The deal here is forcing Windows CE onto set-top b

    As part of the deal, AT&T agrees to field an additional 2.5 to 5 million WinCE set-top boxes, for a total of 7.5 to 10 million boxes. Microsoft is buying themselves a foothold in the playing field.

    The prospect of running WinCE on anything I might potentially own does not exactly fill me with glee.

    Jon Acheson

    link to this | view in chronology ]


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