May 19, 1999 11:15 AM PDT

AT&T: MediaOne buy to cut profits 9%

The largest U.S. phone firm expects its MediaOne buy to cut profits about half as much as previous estimates because of lower borrowing costs and a $5 billion investment from Microsoft.

The story "AT&T: MediaOne buy to cut profits 9%" published May 19, 1999 at 11:15 AM is no longer available on CNET News.

 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

Inside CNET News

1-2 of 12

Scroll Left Scroll Right

What's Hot

Discussions

Shared

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

Markets

Market news, charts, SEC filings, and more

Related quotes

Dow Jones Industrials (-0.69%) -89.23 12,801.23
S&P 500 (-0.69%) -9.31 1,342.64
NASDAQ (-0.80%) -23.35 2,903.88
CNET TECH (-0.58%) -11.91 2,032.01
  Symbol Lookup