AT&T eyes IBM Global Network

AT&T has downplayed an AT&T executive's statement that the company is talking to IBM about buying IBM Global Network. Rick Roscitt, president and chief executive officer of AT&T Solutions, let slip in an interview with Dow Jones that AT&T was in discussions with IBM about buying IBM's worldwide network infrastructure.

AT&T has downplayed an AT&T executive's statement that the company is talking to IBM about buying IBM Global Network, IBM's worldwide network infrastructure.

Rick Roscitt, president and chief executive officer of AT&T Solutions, let slip in an interview with Dow Jones that AT&T was in discussions with IBM about buying the Global Network unit, according to a Dow Jones report today.

"Rick Roscitt, president and CEO of AT&T Solutions, did make a comment today regarding IBM's Global Network unit," said Joyce Van Duzer, an AT&T spokesperson, reading from a company statement. "However, it is premature and inapproprioate for us to discuss this further."

AT&T would not comment further on Roscitt's statements, and IBM would only confirm that IBM Global Network is for sale. IBM announced earlier this month it wanted to sell IBM Global Network as part of its overall strategy of focusing on providing value-added services, including content hosting, electronic data interchange, and network design and integration.

The unit is widely expected to fetch between $US3 billion and $4 billion.

AT&T can be reached at http://www.att.com/.IBM, based in Armonk, New York, is at +1-914-765-1900 or on the Web at http://www.ibm.com/.

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