AT&T to generate even more value than expected from merger

AT&T boasted at an analyst meeting in New York yesterday that the merger of SBC and AT&T was going even better than expected. In fact, so much so that they are predicting double digit earnings growth for the next 3 years.

Synergies from the AT&T merger will be 20% better than expected. And the Senior AT&T executives now expect the net merger synergies to total $18bn, up from an earlier projection of $15bn.

And they even think that the traditional AT&T business can stem it's revenue losses and start growing again soon - WOW! This should all make stockholders smile and allow AT&T to keep investing in the future, which for them is - wireless, broadband and business services. It could prove a powerful mix.