The legacy AT&T was a company, technology, and culture like we’ll never see again. They built a global network and just about every piece and part that went into it, and you’re right -that company wouldn’t have wanted any part of this. Let’s hope the smart people in charge now remember!
The reason AT&T wants TWX is the content creation businesses (HBO and the Turner Networks, primarily of which CNN is a part) - and why wouldn’t they be motivated to re-organize CNN so that at the very least they don’t piss off half or more of the potential audience from the get-go? Content that no one sees isn’t worth very much.
AT&T was once great — SUPER great. OK, they had a monopoly. But their phones stood up to proverbial tanks.
I don’t think it handled entry into the private world very well. It’s now another “OK” liberal-trendy company, as is the half of it that is now Alcatel-Lucent.
But even yet. Maybe AT&T will not be as stupid as CNN.