$2 Billion To Telecom In This Market?

31 May 2002


We’ll see. If they succeed, there will be others.

AT&T ready to raise $2bn through equity sale. AT&T is preparing to raise $2bn-$2.25bn through the sale of shares and other securities, representing one of the biggest sales of pure equity attempted by a US telecommunications company in the current industry downturn. By Richard Waters in New York. [New York Times: Business]

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