AT&TLatinAmerica (ATTL)

[FORDGT]

WOULD BE HAPPY TO SEE THIS TRADE AGAIN..BUT WHO KNOWS..

[FORDGT]

Me too... Hope it didn't disappear !!! WE now have ##### hold for reorg. http://finance.yahoo.com/q?s=ATTL.DE

[goodboy2]

Been watching. What a punch in the nose. Any Idea whats going on here with ATTL?

[goodboy2]

On my Radar........

Hoping for good news here too.

[FORDGT]

getting some action in the market and we will be looking good hope every got in at .0006

[goodboy2]

Say FORDGT: I was looking at ATTL on the Google finance page and see that the website for ATTL leads to TELMEX.COM is there a relationship between the two?

http://finance.google.com/finance?hl=en&tab=ne

[FORDGT]

UP ABOUT 30 % TODAY IF YOU GOT IN AT .OOO6 YOUR IN THE MONEY.. NICE TIGH VOLUME AND WE ARE ON THE WAY UP

LET'S RIDE THIS ONE BACK TO THE YEARS HIGH .025 REMEMBER BUY LOW AND SELL HIGH..

[FORDGT]

SCREAMING BUY BUY BUY HERE AT .0006 THIS IS GOING TO BE A ROCKET WITH THE JANUAY EFFECT... YOU CAN SAY I TOLD YOU SO !!!!
December 21, 2007

HOLMDEL, N.J., Dec 21, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

Vonage and AT&T have entered into a definitive agreement to settle their patent dispute, the companies announced today. The companies had agreed in principle to a settlement on November 7.

About Vonage

Vonage (NYSE: VG) is a leading provider of digital phone services with 2.45 million subscriber lines. Our award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. We offer feature-rich and cost-effective communication services that offer users an experience similar to traditional telephone services. Our Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail -- for one low, flat monthly rate. For more information about Vonage's products and services, please visit www.vonage.com.

Vg-a

[FORDGT]

web when this one starts to move up there will be no stopping it ... I just wish I had a much bigger position.. Dollarland is not out of the question.

New to List Buyin Imminent Off List Today SqueezeTrigger Trade Signals Performance


Enter Symbol Here To Discover How Short Squeezes Can Make You Money!


In August, 2005 the (ATTL) AT&T LATIN AMER CP SqueezeTrigger Price was $0.01. If you had purchased ATTL, the trade would have gained 29.03% as of today's price of $0.01. If you had traded 10,000 shares, you would currently have a gain of $18.00. Click Here to signup for SqueezeTrigger Alerts!

[FORDGT]

Pushing us to the dirt... .014 Wow are we going to bolt from here... Darkest just before the dawn.. NSS are going to have to cover and they can see the writing on the wall... Hold tuff like chains of steel... This we be one of our biggest winners yet.. Our next stop is .0206

In August, 2005 the (ATTL) AT&T LATIN AMER CP SqueezeTrigger Price was $0.01. If you had purchased ATTL, the trade would have gained 109.68% as of today's price of $0.01. If you had traded 10,000 shares, you would currently have a gain of $68.00. Click Here to signup for SqueezeTrigger Alerts!

[FORDGT]

GOING UP i PHONE BIG PROMO !

[cashmoneypro]

it has to go down for it to go up....so ppl dont give up on this keep posting...This stock is a stocklovers dream...http://www.investorshub.com/boards/quotes.asp?ticker=ATTL

[cashmoneypro]

Up another 10% today. I think you are right. This one is going to a dollar isn't it. ATTL Do you think they will get the iphone this year. Is that the reason for the increase of the volume and up trend in the stock.

[FORDGT]

NEW I PHONE WILL BREAK ATTL OUT !!!! ATTL CHECK IT OUT!!

[webalicious]

Standard & Poor's Ratings Services on Tuesday affirmed its negative ratings outlook on AT&T Inc., BellSouth Corp., and the companies' wireless communications subsidiary, Cingular Wireless LLC, but maintained its 'A' corporate credit ratings on the companies.

S&P also removed all the companies' ratings from CreditWatch after AT&T last week closed its $86 billion buyout of BellSouth.

"Although AT&T made a number of concessions to break the deadlock needed to get FCC approval, the magnitude of these concessions are not material enough to affect the ratings," credit analyst Catherine Cosentino, said in a press release.

On a pro forma basis, the new AT&T had about $63 billion of debt reported as of Sept. 30.

The S&P ratings reflect its view that the merged entity's wireless business is strong enough to offset the higher business risk of its wireline operations, coupled with a modest capital structure, supports the overall 'A' corporate credit rating.

But the negative outlook reflects ongoing concern that the local telephone business will continue to face the challenges of wireless adoption and increased competition from cable TV operators offering digital phone and Internet service, according to S&P.

Shares of AT&T dipped 25 cents to $35.50 in morning trading on the New York Stock Exchange.

[webalicious]

The Justice Department approved AT&T's buyout of BellSouth Corp. on Wednesday, clearing a major hurdle for reuniting two modernized parts of the old Ma Bell phone monopoly that the government broke up in 1984.

The decision leaves the Federal Communications Commission as the final hurdle for a $78.5 billion deal to create the nation's biggest provider of phone, wireless and broadband Internet services.

The decision was immediately criticized by FCC member Jonathan S. Adelstein, who called it "a reckless abandonment of DoJ's responsibility to protection competition and consumers."

The FCC is scheduled to vote on the matter Thursday, though there's been speculation the agency may hold off because of political pressures from Congress about the deal's possible impact on market competition.

If the deal wins final government approval, the merger would give San Antonio-based AT&T Inc. total control over the nation's largest cellular provider, Cingular Wireless, a joint venture of the two phone companies that serves 57.3 million customers.

"After thoroughly investigating AT&T's proposed acquisition of BellSouth, the antitrust division determined that the proposed transaction is not likely to reduce competition substantially," said Assistant Attorney General Thomas O. Barnett, who heads the department's antitrust division.

Though the FCC has the final say in approving the merger, the Justice Department said it coordinated with the FCC throughout its investigation.

The department's approval, given without conditions, "underscores the competitive nature of our industry and the pro-competitive benefits of this merger," AT&T General Counsel James D. Ellis said in a statement.

"AT&T is focused on bringing more video choices and next-generation broadband services to as many consumers as possible,and our merger with BellSouth will help deliver these benefits to more consumers, more quickly," Ellis said.

BellSouth said, "We look forward to getting approval from the Federal Communications Commission in the very near future."

The merger has raised concerns from consumer advocates and federal lawmakers who claim the government is well on its way to reconstituting the old Ma Bell monopoly, which was broken up in 1984 after a lengthy court battle.

The House Judiciary Committee's chairman, Rep. James Sensenbrenner, R-Wis., and other members of Congress had asked that the deal not be allowed to go through until details related to two previous telecommunications mergers are settled and other concerns are addressed.

Jeffrey Chester, executive director of the Center for Digital Democracy in Washington, accused the Bush administration of catering to AT&T. "Big Brother just blessed Big Telecom Oligopoly," he said.

The Bush administration "has surrendered the rights of the public to have a competitive and democratic broadband media system," Chester said. "The public should be alarmed about a handful of broadband giants controlling much of the U.S. digital distribution system."

DoJ's Barnett said Justice Department lawyers looked at all areas where AT&T and BellSouth currently compete, including local and long distance phone and Internet service for residential and business customers. It also examined the merger's impact on future competition for wireless broadband service.

Justice Department lawyers concluded that with other competitors in the marketplace, combined with changing regulatory rules and new emerging technology, the merger was unlikely to hurt consumers, Barnett said.

Instead, he said, the merger "would likely result in cost savings and other efficiencies that should benefit consumers."

The outcome at the FCC was far from certain. Republican Chairman Kevin Martin circulated an order recommending approval of the merger last month and probably will receive support from fellow Republican commissioner Deborah Taylor Tate.

However, Adelstein and another Democrat, Michael Copps, are expected to ask that conditions be placed on the deal.

That leaves Robert McDowell, the third Republican on the commission, who before joining the FCC lobbied in favor of competitors to companies like AT&T and BellSouth. McDowell has said he is proceeding as though he is recused from the case.

"By failing to issue a complaint, consent decree, or condition, it appears DoJ took a dive on one of the largest mergers in history just to avoid further court scrutiny," Adelstein said.

The combination of San Antonio-based AT&T and Atlanta-based BellSouth would create a company of 300,000 employees with operations in 23 states. AT&T estimates that about 10,000 redundant jobs would be phased out over three years.

The Justice Department decision came just seven months after AT&T announced its intentions on March 5 to buy BellSouth — a breakneck pace for a merger of its size and scope.

Combined, the companies generate $117 billion in revenue, operate 68.7 million local phone lines across 22 states stretching coast to coast across the southern United States and up through the Midwest. The merged company would employ 309,000 people, though AT&T said it plans to eliminate up to 10,000 jobs over three years to cut costs.

The deal will further the reunification of the Baby Bells, the seven regional telephone operators and one long-distance provider that were spun off from the national AT&T monopoly under a federal court order designed to introduce competition.

Including BellSouth, the new AT&T would consist of four Baby Bells and the long-distance business, which was acquired by the company late last year. The other two Bells are Verizon Communications Inc., which dominates the eastern United States, and Qwest Communications International Inc., the phone company for most of the Rocky Mountain and Northwest regions.

With cable TV companies now selling phone services, AT&T and many industry experts argue that the loss of an independent BellSouth won't mean a sharp jump in prices charged to consumers and businesses. But some critics argue that past mergers have hurt competition.

[Peeb]

Mobile VoIP w/o computer interface

http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=856591&highligh...

[retsol]

this one should put us over the top if we wait it out

[retsol]

this one should put us over the top if we wait it out

[retsol]

wow all you folks must be millionaires by now

[LULU]

WHERE ARE YOU - WHAT HAPPENED TO THIS BOARD?
Drillbit - are you still out there, I haven't seen any of your posts here or on Yahoo. Are you still in for the long term with ATTL? Hope so. I am and don't have any choice. Seems that news is finally being released and 2001 could be good for us. What do you think?

[Drillbit]

I think that we are at or near the bottom. And, I still contend that there is shorting going on because of the announcement of the secondary and roadshow. It doesn't help that telecoms are in the dumper across the board either. I bought April calls today because I am fairly confident that ATTL will be much higher within 6 months.

We all need to work together in this snake infested swamp called the market. If we share DD and ideas, we all have a better chance to make money.

[racine2000]

She Trade-


I would expect to have more days like yesterday once the promotions start. I think you are right and this is at ground level and those of us with patience will be very happy campers indeed. :)

racine

[SheTrade]

Up day! We made the top-10 list of highest gains on Nasdaq today. Perhaps the slaughter is over. Looking forward to more info on secondary offering...go, or no go. Promo should start soon. T itself is preparing for a big self-promotion with the start of the Olympics. Maybe will rub off on baby ATTL. We should consider ourselves very lucky to enter this thing at the ground level even without our anticipated initial jump.

[racine2000]

Drillbit- Thx for the link! eom

[Drillbit]

Go here for ATTL e-mail alerts:



http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=ATTL&script=1900&layout=-6

[Drillbit]

COMTEX) A: AT&T to Invest 2.5 Billion Dollars in Latin America
A: AT&T to Invest 2.5 Billion Dollars in Latin America

SANTIAGO, September 6 (xinhua) -- The AT&T Latin America, a regional subsidiary
of long-distance telephone company AT&T Corporation, is scheduled to invest
about 2.5 billion U.S. dollars in Latin America over the next five years to
expand its share in the region, the local news media reported on Wednesday.

AT&T Latin America officially launched operations in Chile on Tuesday and also
plans to extend its network and implement new technology in other countries like
Argentina, Brazil, Colombia and Peru.

"Our objective is go from being a successful local network to the best regional
network," Carlos Fernandez, chief executive of AT&T Latin America, was quoted as
saying by the local media.

The company's strategy in Chile will be to strengthen cooperation with local
companies to offer communications services, pointed out Marco Northland, vice
president responsible for products and services at AT&T Latin America.

"The communications market offers an enormous business opportunity, especially
in countries like Chile, where the data and electronic commerce markets have
good growth expectations," added Northland.



Copyright XINHUA NEWS AGENCY

-0-

[LULU]

SURE HOPE YOU'RE RIGHT ABOUT THE NO BRAINER
I have so much riding on this, I need a break before I have a breakdown. Figure you & lots of others (mschr123)have pretty good input and know more than I about timing. Keep up your optimism it's needed. Looks like the start of a good board, congratulations!

[Drillbit]

Matt,

This stock at this price, is a friggin deal! It may drop another buck, but I really doubt it. Why folks don't know this play amazes me. Ya wanta stock to take care of the kids or grandkids, BUY THIS! A SURE NO ****ING BRAINER !

[Drillbit]

I get tired,
by: drillbit99 (M/HeeHawHell, Ahia) 9/4/00 7:25 pm
Msg: 6939 of 6939

of all other comparisons to ATTL. FCLX already has INFRASTRUCTURE and these other come-latelys don't! Why anyone would compare the cable in place, and the management that put it there, is beyond me......... "T" knew what they were buying and we are damn lucky to add here.

[Drillbit]

YAHOO!

finally has a quote for ATTL, man that was fast:
http://finance.yahoo.com/q?s=attl&d=t

[Drillbit]

AT&T ups IP stakes in Latin-American revolution

By Simon Marshall, Total Telecom

01 September 2000

Some of the biggest global IP players are sparking a Latin-American revolution in Brazil and Argentina. Global Crossing's backbone has just landed in Brazil and AT&T Latin America (AT&T LA) has already bought capacity on it, in competition with WorldCom subsidiary UUNet, which only opened for wholesale business there on 29 August.

UUNet told Total Telecom on Wednesday about its aggressive plans for domination on the continent, but AT&T upped the stakes Friday buying US$46.5 million in capacity from Global Crossing, and more importantly, pledging to invest US$2.5 billion in its total broadband operation there.

The Wall Street Journal reported that US$1.25 billion of the total AT&T Latin America infrastructure investment would be spent in Brazilian operations, which is also the initial focus of UUNet. In addition, AT&T LA plans an issue of 35 million shares either next month or during October dependent on financial market conditions.

The newspaper also reported that Telecom Italia SpA is forming a new company called Latin America Nautilus, of which the Italian incumbent will hold 70%, with Telecom Argentina, Entel Bolivia and Entel Chile, holding 10% each. Nautilus will have about US$120 in capital to invest immediately in a planned 30,000 kilometer fiber network connecting South American capital cities with Central and North America. The venture will also yield about US$800 million in investment, and may involve Brasil Telecom Participacoes SA in the project, which aims to win 20% of Latin American internet market.

AT&T LA's capacity buy from Global Crossing will connect Sao Paolo, Buenos Aires, Santiago, Bogota, and Lima to the U.S. by mid 2001, and Brazil could be online as soon as October this year. UUNet told Total Telecom it would link Buenos Aires, Sao Paolo, Rio de Janiero and San Juan with its backbone. It too said it would attempt to finish infrastructure build-out during 2001, setting the scene for a contest to complete fiber links and start filling the pipes with corporate and wholesale IP traffic.

With the majority of the world's Web sites hosted in the U.S., the potential for browsing traffic between there and Latin America to increase is enormous, even before packetized voice, multimedia or ASP services are added to the equation.

So far AT&T LA, UUNet, Nautilus and Teleglobe have declared huge expansion plans into the continent within weeks, even days, of each other in a drive to begin offering IP capacity and services.

The landing of Global Crossing's 18,000km SAC submarine backbone in Argentina in July and now Brazil introduces another element into play. Not only may both AT&T LA and UUNet be leasing capacity from the Bermuda-based company, but both could soon be in competition with Global's own IP service offerings.

In a separate development, AT&T LA said it is currently reviewing whether to participate in the Brazilian government's wireless spectrum auctions.

[SheTrade]

Go to GBLX board on Raging Bull, look at post #14890. Posted by Its_The_Wiz__. The little monkey's going to be BIG!

[Drillbit]

More coverage:Thursday August 31 12:07 PM ET
AT&T LatAm to Buy Global Crossing Network Capacity

NEW YORK (Reuters) - AT&T Latin America Corp. (Nasdaq:ATTL - news), a subsidiary of long-distance telephone company AT&T Corp. (NYSE:T - news), said on Thursday it agreed to buy $46.5 million of high-speed international network capacity from Global Crossing Ltd. (NasdaqNM:GBLX - news) in a move to cut the cost of transmitting voice and data services.

AT&T Latin America, which provides communications services in Argentina, Brazil, Chile, Colombia and Peru, said the new network capacity will carry primarily data and Internet-related traffic. Over time, customers will use it to send voice and video traffic.

Under this agreement, Global Crossing will provide AT&T Latin America with rights of use for high-speed lines linking Sao Paulo, Buenos Aires, Santiago, Bogota and Lima to the United States. As a result, AT&T Latin America will be able to offer complete, high-speed connections domestically, regionally and internationally.

AT&T Latin America, which began trading on Nasdaq on Wednesday, currently provides international connections through various facilities leased from third parties. By acquiring the facilities from Global Crossing, the company said it now will be able to transmit greater volume of traffic at higher speeds and at lower costs.

[Drillbit]

Thursday August 31, 11:17 am Eastern Time
Press Release
SOURCE: AT&T Latin America
AT&T Latin America Takes Major Step Toward Completion of Pan-Regional Network
- AT&T Latin America agrees to acquire USD $46.5 MM of capacity from Global Crossing linking Sao Paulo, Buenos Aires, Santiago, Bogota and Lima with the U.S.
- Deal enables AT&T Latin America to offer first single-architecture broadband network connecting Latin American customers within the region and to the U.S.
- Move expected to increase speed and quality of service, and to reduce significantly AT&T Latin America's unit international transmission costs going forward.
MIAMI, Aug. 31 /PRNewswire/ -- AT&T Latin America (Nasdaq: ATTL - news), the new full-service communications provider with operations in five Latin American countries -- which began trading yesterday -- announced today it has agreed to acquire $46.5 million of high-speed international capacity from Global Crossing (Nasdaq: GLBX - news). The agreement makes AT&T Latin America the first Latin America-focused communications services provider to offer a single-architecture international broadband network.

Under this agreement, Global Crossing will convey to AT&T Latin America IRUs (indefeasible rights of use) for high-speed lines linking Sao Paulo, Buenos Aires, Santiago, Bogota and Lima to the U.S. As a result, AT&T Latin America will be able to offer complete, IP/ATM broadband connectivity domestically, intra-regionally and internationally.

Expected completion dates for the individual circuits will be as follows: Brazil in October 2000, Argentina in November 2000, Chile in January 2001, and Peru and Colombia in mid-2001.

Currently, AT&T Latin America provides international connectivity primarily through various facilities leased from third parties. The company's acquisition of the facilities from Global Crossing will allow it to transmit a greater volume of traffic at higher speeds. In addition, the new capacity is expected to reduce significantly the company's unit cost for international transmission.

``This agreement represents a major step toward the completion of our regional and international network,'' stated Patricio E. Northland, chairman, president and CEO of AT&T Latin America. ``Our customers, particularly ISPs and multinationals, will benefit from our uniform platform throughout the region as it assures secure transmissions and consistent quality. The new capacity will also provide seamless connectivity to AT&T Corp's and Concert's worldwide IP/ATM network. Finally, we are also very pleased to be working with Global Crossing, a key partner for us in achieving our objective of becoming a leading provider of advanced communications services and solutions to businesses in key Latin American markets.''

The new international capacity will be connected to AT&T Latin America's advanced metropolitan fiber networks. The company expects that, initially, the new capacity will carry primarily data and Internet-related traffic but that, over time, its customers will use it for other broadband applications such as video, as well as for voice services.

``We are delighted to be working together with AT&T Latin America, a dynamic new company that is quickly expanding its presence in the region,'' said Patrick Joggerst, Global Crossing's president for South America. ``The seamless, high-capacity IP-network Global Crossing is building in Latin America and throughout the globe, will provide AT&T Latin America with remarkable levels of reach and flexibility. In our dynamic marketplace, access to a reliable, efficient communications platform like ours is critical. We are confident that the worldwide Global Crossing network will form a vital component of AT&T Latin America's backbone.''

About AT&T Latin America

AT&T Latin America (Nasdaq: ATTL - news) is a U.S.-based provider of advanced communications services with strong in-country presence in Argentina, Brazil, Chile, Colombia and Peru. Today, the company has more than 1,100 employees and provides advanced last-mile voice and data connectivity in key business market in the five countries. As of June 2000, AT&T Latin America's speed fiber network reached more than 3,000 route kilometers or 95,000 fiber kilometers in 11 principal metropolitan areas. The company offers broadband communications services of data, Internet, voice, video-conferencing and electronic commerce traffic over a common IP based platform. For more information, visit AT&T Latin America's web site at http://www.attla.com.

About Global Crossing

Global Crossing Ltd. (Nasdaq: GBLX - news) is building and offering services over the world's most extensive global IP-based fiber optic network, which will have more than 101,000 route miles, serving five continents, 27 countries and more than 200 major cities. Global Crossing's subsidiary, GlobalCenter Inc., is a leading Internet service company, and its customers own many of the largest and most densely trafficked sites on the Web. Global Crossing's operations are headquartered in Hamilton, Bermuda, with principal offices in Los Angeles, California; London, England; Amsterdam, The Netherlands; Madison, New Jersey; Rochester, New York; Sunnyvale, California; and Miami, Florida. Visit Global Crossing at http://www.globalcrossing.com on the Web.

SOURCE: AT&T Latin America

[Drillbit]

LULU,
No, I do not believe him ranting that it will take 2 years, he was just mad. No-one is happy because of the expectation of a large leap in price. I read the WSJ NASDQ AD yesterday and thought, as many did, that this exposure would benefit the price.
I think that many bought ATTL on margin and expected a pop to the 20's, when that failed to materialize, we had selling.
Worry not, we have a great play here and once the roadshow starts we will be found. The SPO will only aide liquidity and then we rise in price and I expect splits as early as next year.

[LULU]

DRILLBIT - MSCHR23 IS MAD AS HELL AND ISN'T GOING TO TAKE IT ANYMORE!
Did you see his post on Yahoo? What's going on? Some replies seem to defend AT&T. What's going on - who is right?
Do you think we really have to be long for 2 years?

[SheTrade]

Uncle Fred stated that on Yahoo, some spoke of those who margined their accounts to make a quick killing on a run-up. Since that didn't happen, they had to bail. Thus the drop.

Heavy trading at end of day. A few 70+k bought.

[Drillbit]

LULU,
Thank you for those kind words, I know that we have a great stock and encourage you to post here. I will be monitoring all posts and will only keep those that are beneficial, pro or con, to all of us.

[LULU]

THANKS, DRILLBIT. AS ALWAYS, GOOD INFO IS APPRECIATED!
Were you at the meeting in NY? I was but no one, other than mschr123 made themselves known. Was wishing to meet Joel P. and he could have been there, but who knew? Still optimistic on this stock and while I don't usually post, always interested in reading intelligent comments. Have now registered with this Hub, thanks. Good luck with this board.

[SheTrade]

I did ok this morning with a purchase of ATTL by Fidelity. I sure know what you mean with the mutual fund charges...I've eaten the $75. a few times for better positions.

[Drillbit]

OT.To all about Online Brokers,
I have been happy with WebStreet and it's fast trading from the L2 site. But then again I was with Schwab and anything would have been better. It sounds like Fidelity is the same, snobbish.

[racine2000]

She Trade-

I have Fidelity also, and had problems. I had topped off on FCLX the day before and I am glad I did. I have not been happy with Fidelity, and probably would switch if it was not my only choice in my work retirement plan.

Whenever I have called them with a problem related to the speed of execution, or lack thereof, for OTC-BB trades they tell me basically "That's what I get for trading penny stocks and that I should stay away from them." The website is slow. The way the fee structure is set up some trades are cheaper to use the touch tone rather than online. Once I sold a mutual fund 1 day before a six month waiting period was up and they charged me $75.00.

Yesterday they showed my money as unavailable, and I could not get ATTL quotes.

Oh well.... when ATTL starts flying I won't be doing any complaining :)

good luck...

racine

[Drillbit]

Why ATTL is a good long term investment
by: hotel_one_alpha 8/30/00 9:03 am
Msg: 6750 of 6750 Yahoo Message Board

I have read some posts today expressing worries about possible competition for ATTL in Latin America, specifically in Brazil. There is no need for concern. Here is why.
I bought FCLX stock early last year beacuse at the time I had a consulting agreement to research Latin America for a multinational company in the electronics field. Some of the statistics I uncovered told me I should be purchasing stocks in any company in the telephone business in Latin America.
Telephones (land lines) per 1000 people: Argentina 141; Brazil 74. In contrast, the US has 602 and Sweden 683.
Cel phones per 1000 people: Argentina 12.5; Brazil 12.7. In contrast, the US has 149.5 and Sweden has 264.6
Connections to Internet per 1000 people: Argentina 0.17; Brazil 0.12. In contrast, the US has 21.82 and Finland 43.11
These figures tell the story of a gigantic potential for growth in Latin America. This growth is, of course, long term. But grow it will !! Stay long and you will make a lot of money with ATTL.

[ihub_tutorial]

This is interesting....

I know that this should be very HOT especially for ATT shareholders. ATT is a boring stock...In America.

This will get the mojo back involved for people who beleive in T.

Plus, you are exactly right. LA is a place where biz is booming and tons of room for expansion..

Sweeet. I will defintely look into this when I go to mess with my NAZ account.

Love the way you are maintaining this thread! Thanks for the PM, SheTrade.

FM

[Drillbit]

ATTCANADA's, ATTC, last Quarter numbers:

Average shares outstanding 94,580
End of period shares outstanding 95,078
End of period fully diluted
shares outstanding (4) 148,548 All numbers are in thousands so they have 148,548,000 fully diluted shares outstanding and the price is $30 today and has been as high as $63 in the last 52 weeks.
Latin America is a much larger market and one that is virgin. As stated before, the 35MM SPO is going to offer enough shares so that we can fill demand once the ATTL roadshow begins.

[Drillbit]

Matt,
It is now the AT&T of Latin America and has a great future if what I'm reading about the strongly growing LA market is true. I followed the AT&T Canada deal some time back and know that this is a larger market so I am expecting splits in the not too distant future. We will be issuing a SPO of 35 MM shares soon. Morgan Stanley Dean Witter, Credit Suisse First Boston, Merrill Lynch, J.P. Morgan and Salomon Smith Barney are underwriting the offering. So you can see that we will be on the radar screen with all of the major firms.
About ATTL;
In November 1999, AT&T Corp. announced plans to form AT&T Latin America, a company that will merge the operations of Netstream, the Brazilian competitive local exchange carrier it acquired, and FirstCom, a publicly traded communications company with operations in Chile, Colombia and Peru.

AT&T Latin America will provide technologically advanced first mile data and voice connectivity, while providing the knowledge and experience to partner with business customers to make a lasting difference. It will establish a full range of quality business services, one-stop shopping and customer service in countries where it operates.

About AT&T Corp.

AT&T Corp (http://www.att.com) is among the world's premier voice, video and data communications companies, serving more than 80 million customers, including consumers, businesses and government. With annual revenues of more than $62 billion and 147,000 employees, AT&T provides services to customers worldwide. Backed by the research and development capabilities of AT&T Labs the company runs the world's largest, most sophisticated communications network and has one of the largest digital wireless networks in North America.

About FirstCom Corporation

FirstCom Corporation operates as a publicly traded (Nasdaq: FCLX - news) competitive local exchange carrier in four major metropolitan business centers in Chile, Colombia and Peru. With annual revenues in 1999 of $38MM and approximately 650 employees at year-end, FirstCom owns and operates a technologically advanced, fiber optic IP/ATM backbone-network and provides a wide range of integrated communications services

Read some of the PR's a see that we have Brazil and other countries covered by acquisitions, I expect more.
Hope this helps, Andrew

[ihub_tutorial]

Hmm..

So what exactly is ATTL's focus in LatinAmerica?

They intend to be the ATT of LA? Like wireless, internet, long distance, etc?

Curious. Sounds like a sweet merger deal for you guys.

FM

[SheTrade]

LOL! I wish!

You are much more optimistic than I am Drill. Hey, if I could reap twice as much, I'd be happy! We're building what's probably our final home, - have two sons in college - one more to go - so I could use it!!! Now if SEVU does well also, maybe I can drive south to see Squarecam in that new Beemer we spoke of!! lol

[Drillbit]

We did well for all of the confusion,
here is a DD link from Hoovers that will help describe FCLX just before the merger.
http://qci.multexinvestor.com/data/mxcache/1750351.HTM?sid=1

SheTrade, 30K should translate into $1.5 MM soon! GREAT!