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Fwd: Re: AT&T/Comcast rates

I don't know...I'm just asking:
aren't they $26B in debt as a RESULT of the merger?

--------- Forwarded Message ---------

DATE: Sat, 23 Nov 2002 14:51:02
From: "Sean Smyth" <ssmyth@suscom.net>
To: <kvahey@attbi.com>
Kevin Vahey said:
> biggest fib of all is Comcast has nothing to do with this rate
> hike....(according  to quotes in Globe)
> Comcast in Philly pulled this stunt and it should happen here soon as
> well...if  you have a movie package you must get a digital box......
> company 26B in the hole  only one way to get it back....

If they were $26 billion in debt, would they even have been able to get any
financing for this deal? Would a bank be nuts enough to let them leverage
that much? I'm no financial whiz, but I would doubt it. Besides, how
expensive can the purchase of AT&T Broadband be? 

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