Digital Jam . |
[Before] we can take a position on their offer, we have to make sure that we truly understand it, ... So AT&T'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. |
[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. |
[This is] going to provide a foundation and a path to let these business realize their value in the marketplaces. |
Americans have been waiting for someone to run another wire to their homes to give them a choice in local phone service and deliver the advanced services they expect in a competitive market, |
are not in the consumer's interest and should be denied. |
Are we just moving boxes around or are we fundamentally changing the way the nation does business? It's too soon to tell. But there's a lot of good work over the past several years and decades that doesn't need to be negated. |
As borders around the world are coming down, as societies emerge to participate in world economic order, they must have a competitive infrastructure in which to compete, |
As lead arrangers, they have also advised us that they are highly confident of their ability to raise financing for the balance of the cash portion of our offer, |
AT&T Broadband and Comcast can accomplish more together than we could alone, |
AT&T's strong second-quarter earnings reflect steady progress in executing our strategy, ... In fact, two of our growth businesses, AT&T Wireless and AT&T Solutions, grew revenue more than 40 percent each. |
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. |
Borders all over the world are coming down, and as they come down opportunities spring up, ... Companies reach further to compete with their products and services, and when they want to open shop, wherever they want to open shop, they want those communications services to support their people and their products, and we've got to be there. |
By highlighting the exceptional performance of AT&T's fast-growing wireless operations, we are confident that investors will see the value of this business, ... That unlocked value, which will be reflected in the tracking stock, will provide us with the currency to take advantage of the outstanding growth opportunities available in the wireless industry, including fixed wireless, wireless data and international expansion. |
David is uniquely qualified to head our new business, ... He has experience in launching successful start-ups, and in running multi-billion dollar businesses, just what we need to head a global venture that, on day one, will be a $10 billion company. |