Notice the lack of pay phones lately? AT&T has decided to back out of that business by the end of this year. The problem is in the figures; this is a result of a drop from 2.6 million in use in 1998 to about 1 million this year. Independent companies will take most of their business. According to experts, about 89% of people are currently using cell phones. BellSouth dropped their pay phones before being bought out by the AT&T, but rival Verizon says it will continue to operate their 250,00 pay phones. Whatever will Superman do?
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On Friday, the FCC finally approved the merger between BellSouth and the company formerly known as SBC, now known as AT&T. As soon as AT&T got word of the green light, they released information on how the merger will affect both companies following the merger. Long story short, Cingular is going to be rebranded as AT&T early this year. While it would seem the obvious choice, AT&T Wireless will likely not be the name given to the service. Customer will be able to keep their current phones and plans, and if you live in what is currently an AT&T landline service area, you may even get bundled discounts out of the deal.