How Will the AT&T Cuts Impact Your Area?

Telecom giant AT&T has said it expects to cut 10,000 jobs following its $67 billion takeover of rival BellSouth.

AT&T said the staff cuts would be made by 2009 in a move to reduce costs at the combined group.

The new cuts are in addition to 13,000 job losses over three years already announced by AT&T, following a previous US telecoms merger.

AT&T said on Monday that it would buy BellSouth, creating a US sector giant with a market capitalization of $165 billion

The deal also gives AT&T full ownership of Cingular Wireless, America's biggest mobile phone firm, catapulting the combined group ahead of its nearest US rival, Verizon Communications.

Read more here. While many areas will be concerned about the job cuts. The other issue is how will the merger impact telecom services in your area, either positively or negatively.