CWA Supports SBC-AT&T merger (press release)

[AmericanErrorist]

SBC-AT&T Merger Merits Quick Approval, CWA Tells FCC
Washington, D.C. -- The proposed merger of AT&T Corp. and SBC Communications will result in a financially stable, global leader in telecommunications and should be approved quickly, the Communications Workers of America stated in a filing to the Federal Communications Commission.

The merger is clearly in the public interest, CWA said, noting that it will create a "premier U.S. communications company," one with the ability to expand the delivery of advanced technologies, services and features to all classes of customers.

This merger will "create a company with the resources and end-to-end network essential in the deployment of advanced next-generation Internet-Protocol enabled networks and services," CWA said.

The merger makes certain that national security will be safeguarded, by ensuring that AT&T, "on which the government heavily depends for national security and other needs, will be a strong American company," CWA continued.

The merger also passes other key tests. It will enhance, not reduce, competition by combining the different strengths of the two merger partners – AT&T's global network and research innovation and SBC's financial strength and local exchange, broadband and wireless capabilities, the CWA filing noted.

The merger also will provide employees at both companies with "the opportunity to share in the growth of the merged entity rather than the job loss that has been the fate of all too many AT&T employees in recent years," CWA said. "CWA is fully confident that SBC's progressive human resource policies and strong labor-management partnership that have resulted in a highly-skilled career workforce providing world-class service to SBC customers will continue at the merged SBC-AT&T."

http://www.cwa-union.org/news/PressReleaseDisplay.asp?ID=497

[evlbstrd]

1. I hope the CWA isn't going along with this to protect their own fiefdom.

Sometimes being a union member can be so infuriating.

So one of the children eats the mother.

[Dr.Phool]

2. The CWA is full of shit

It's going to cost them a lot of jobs. Every merger costs thousands of jobs, and destroys competition. These companies were all broken up from monopoly status back in the 1970's under a Republican Attorney General, William Saxbe, but in the last 10-15 years they're all coming back again. SBC merged with Ameritech a few years ago, and service plunged, and rates went up.

Same thing with the oil companies. They broke up Standard Oil years ago, but all the companies are re-merging now, eliminating competition, and gas prices are soaring again. They've been closing down refineries in the US for 15 years, and they now complain that we don't have enough capacity.

And now the union is selling out it's membership.