Tom Evslin writes about the death of vertical integration, apropos of considering the SBC / AT&T merger:
Vertical integration is probably the most important reason why AT&T failed. SBC’s
planned acquisition of AT&T is a mistake, I believe, because it is
a step toward vertical reintegration at a time when horizontal, not
vertical, excellence is necessary for success and even survival.
Much, much more in the post.
