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. Last Updated: 07/27/2016

AT&T Merger Off

NEW YORK -- Despite ending its talks to merge with SBC Communications Inc., AT&T Corp. is leaving open the option of another partnership as a way to break into local phone markets on a broad scale.


Possible partners cited by industry analysts are a regional telephone company or GTE, which provides local phone service across the United States.


But AT&T is prepared to go it alone if a partnership falls through, a source said, adding that talks to merge AT&T and SBC finally ended Friday amid protests that the $50 billion marriage would squeeze competition.