The aggregate payout will be reduced, ... Cash flow will not go to dividends but into growth...the dividend payment will be appropriate to the companies' peers in the industries that they compete in.
That's not where we want it and there's much more to be done to achieve more growth.
I couldn't figure out where decisions got made at ATT. This place was impossible.
are not in the consumer's interest and should be denied.
It's not either terrorism or natural hazards. Both are important and both need to be addressed.
Bell Atlantic has not even come close to meeting performance levels required by the Telecom Act, ... Our brand is damaged each and every time they fail to provide our customers with service or features in a timely manner. We also suffer direct financial harm from lost revenues and costly re-works.
The ancient Romans had a tradition whenever one of their engineers constructed an arch, as the capstone was hoisted into place, the engineer assumed accountability for his work in the most profound way possible he stood under the arch.
It built a great deal of public trust and a stronger relationship with its state and local government partners.
But the chairman also said he believed the deal would have little impact on whether the European Union will approve the British Telecom venture. The amount of this network that will affect the joint venture, I do not consider material, ... I think the regulators, when they look at it, will agree with me.
Japan has one of the largest concentrations of multinational companies in the world. It's an extraordinary growth opportunity for all three companies and it is essential that the global venture have a strong distributor in this key market.
Before we can take a position on their offer, we have to make sure that we truly understand it, ... So ATT's management and board will go through Comcast's proposal very carefully to determine whether it is the best way to achieve our goal of creating long-term shareowner value. That could take some time to do thoughtfully.
It's amazing how complicated this industry can make saying 'Hello,' ... actually will save consumers money because it's simple, it's any day and all day, it's straightforward.
We've had some starts and some stops with America Online. The way a network operator like we make money is with network traffic ... we just haven't been able to get together.
In 2000, the industry felt the impact of the long-distance decline we anticipated when we put our new strategy in place three years ago, ... Our results reflect the acceleration of that decline, but also clearly demonstrate that we are successfully scaling our growth businesses.
I don't think the SBC acquisition of SNET is a defining event, ... I don't think it does anything to open markets or promote competition.
We set out to transform this company from a point-to-point long-distance company. The results today are strong. They need to be better, and they will be. But it's now time to recognize the value creation phase of our strategy.
The acquisitions and investments we've made over the last year will transform ATT from a company dominated by a single product line -- long-distance voice - into the leader in a new generation of advanced communications, information and video services.
For Hughes Aircraft to remain competitive in a shrinking market, there was a need to increase its participation in the industry consolidation. Raytheon together with Hughes will create a much more competitive company.
Our shareholders have voted overwhelmingly in support of the ATT and TCI merger and the benefits it will bring, ... The merger is the key to making ATT the 'any distance' company we need to be and our customers want us to be.
We're getting the fat out of the company.
What today's announcement means is a mutual commitment to make this work.
It would seem to favor the community colleges, to the detriment of students who would prefer to attend a university. Some kids are better served at community colleges, and some kids are better served at universities. That decision should be based on academic reasons, not economic reasons.
These joint ventures bring us another step closer to our goal of giving U.S. consumers a choice in local phone service.
This merger will mean a real choice and lower prices in local phone service, faster Internet access and better cable TV.
Maybe when we go salmon fishing we'll know more about that, ... They're one of our business customers it's a big business.
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