“SBC-SNET”

The local NPR station said this morning that SBC has completed its takeover of Connecticut's telephone company, SNET.

I'm not sure why they bothered to report it... they've been "in the process" of merging the two companies for a couple of years now, and this bit of news really didn't mean anything.

Actually, "merging" is the phrase they use in their ads here in CT. They're even using the name "SBC-SNET," as if the two companies were actually equals who have been merged.

Hah! Not even close. SBC is a monster, with over 220,000 employees and $69,000,000,000 per year in revenues. At it's biggest, I believe SNET never had more than 30,000 employees (can't find exact numbers). They didn't merge... SNET was "swallowed hole."