This merger will mean a real choice and lower prices in local phone service, faster Internet access and better cable TV, |
We are in total alignment with Excite@Home on this transaction, |
We know of no objections or issues at the FCC, so we believe that removes any last doubt there is, |
We see a market out there today that is a $40 billion market that's growing at 20 percent, ... When we're saying we're going to grow at 15 percent, I think we're trying to be conservative. There's much more out there in terms of growth ahead. |
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. |
We'll take it from there, |
We're comfortable that if the Time Warner partnership is not attributable to AT&T that we can fit under the 30 percent cap, |
We're getting the fat out of the company, |
We're putting the best brand in communications with the best broadband infrastructure in America, |
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. |
What today's announcement means is a mutual commitment to make this work, |
While our total revenue reflects the impact of the industry-wide decline in long-distance voice, we are growing revenue in Business Data and IP services and our Broadband business by nearly 14 percent, |
While we did not make this decision lightly, we believe it is necessary and in the best long-term interests of our shareowners to adopt a dividend policy comparable to the policies of our competitors, |
While we have no current plans to sell our broadband business, Comcast's offer is serious. And we are giving it serious consideration, ... [The offer] recognizes at least some of the value that we've created in AT&T Broadband. The question is whether it recognizes the right value. |