Hey, AT&T: You're fired.

"The World's Networking Company" has been booted from the Dow Jones index. One of its replacements? Verizon. Ouch.

This, just after the launch of Voice-over-IP telephone service in New Jersey and Texas, with nationwide service predicted by the end of the year. I wouldn't wait up nights until this service is reliable, though. Remember, AT&T is the company whose voicemail service does not include message existence indication without a separate piece of AT&T equipment.