...facilities in the United States and Canada. The sale is AT&T's latest under new chairman and chief executive C. Michael Armstrong. Last week, the long-distance phone giant announced it was selling its Universal Card unit to Citicorp for...
...this about. But they wondered whether investor jitters over the merger would derail it. AT&T Corp. Chairman C. Michael Armstrong assured them: "The deal is done. The deal will go through pending a shareholders vote." And the lawmakers...
...bill processing and customer service. The minimum fee is part of a broad cost-cutting drive by AT&T chairman C. Michael Armstrong as he tries to revive lackluster revenues in the company's core telephone business. Customers will pay the minimum...
...the day would come when you'd have to pay them that much money to go away." Allen's eventual successor was C. Michael Armstrong, who became CEO in October 1997. Armstrong loaded the company with more than $56 billion in debt as he spent...
...subscribers. Judging from their chummy public appearances, it seemed that Hindery and AT&T chief executive C. Michael Armstrong had a good rapport -- and perhaps they still do if he is really going to advise Armstrong. Adele Ambrose, a...
...add at this time." Comcast, based in Phildelphia, had no immediate response to the offer. AT&T chairman C. Michael Armstrong said in a statement, "Americans have been waiting for someone to run another wire to their homes to give them...
...top of the U.S. market in cutting a deal with AT&T, which has been expanding aggressively since chairman C. Michael Armstrong took over last year. AT&T agreed in June to a $32 billion merger with U.S. cable giant Tele-Communications...
...full employment, the downsizing continues. With 120,000 workers remaining, AT&T's new chief executive, C. Michael Armstrong, aims to cut 18,000 more jobs by the year 2000. The pension cash-out is a new enticement in corporate downsizings...
...phone at home that they use in the car, that they use at work, that they use on vacation," said AT&T Chairman C. Michael Armstrong. "The phone travels with you, so you can use it to both send and receive throughout your life. And life will...
...executive NEW YORK -- Ending an intense threemonth search for its next leader, AT&T Corp. on Monday named C. Michael Armstrong, the head of Hughes Electronics, to revive the flagging fortunes of the venerable long-distance phone company...