googlechinablog.com has published a small series (by one Wu Jun who worked in Bell lab before) on the rise and fall of AT&T empire. It might be interesting to the readers here if someone can translate it.

1. 百年帝国 http://googlechinablog.com/2007/07/at.html
2. 几度繁荣 http://googlechinablog.com/2007/07/at_18.html
3. 利令智昏 http://googlechinablog.com/2007/07/at_20.html#links

I do not agree the points in these articles.

For rise, have many reasons. For fall, only one reason, AT&T did not find the enemies and beat them in time.

Please see Microsoft, it is, to find and fight(or bought). Now, it is turn for Google.

For big empire, must win and win, if lost, may lost all.