Reports: AT&T, BT ready to close Concert
AT&T and BT are set to announce the dissolution of their 50-50 joint venture Concert as early as next week, according to reports. Concert, which offers communications services to large multinational corporations, was formed at the beginning of 2000 and has consistently underperformed it goals.
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Both companies have acknowledged being in discussion regarding Concert’s fate for months. Concert representatives were not immediately available for comment.
--Toby Weber, staff writer
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© 2012 Penton Media Inc.
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