AT&T, China set broad pact on phones, gear: firm's role of outsider, tied to 1989 ban, ends; rivals are formidable

Article Abstract:

AT and T and China's State Planning Commission sign a memorandum of understanding that calls for the two entities to explore business activities in building of corporate communications networks and in communications equipment and services. The document contains few details, but officials from both sides say it will allow AT and T to rapidly move into China with such projects as a research laboratory and telephone switch factories. AT and T will face stiff competition from Alcatel-Alsthom SA, Telefon AB L.M. Ericsson, Fujitsu Ltd and NEC Corp. Still, analysts are enthusiastic about the possibility of billions of dollars in contracts for AT and T stemming from the memorandum. AT and T's stock rose 12.5 cents to $54.50 after the memorandum was announced. AT and T was banned from the Chinese phone market on Aug 22, 1989, as part of a Chinese effort to get the US government to relax its trading policies with China.

Telephone and telegraph apparatus, Electronic computers, Telephone communications, exc. radio, China, International trade, Telecommunications equipment industry, Telecommunications equipment, Contracts, American Telephone and Telegraph Co., Communications Equipment, Market Entry, China. State Planning Commission

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AT&T to end year with same size work force

Article Abstract:

AT&T cut approximately 7,700 jobs in 1996, but added nearly the same number in its rapidly expanding wireless, Internet, customer services, and local calling divisions. AT&T still plans to cut 17,000 job by 2000, and has cut over 100,000 jobs since 1987, leaving its workforce at 128,200. However, AT&T's Wireless unit plans double its 1996 workforce by the year 2000. Planning to focus exclusively on telecommunications services, AT&T took a 4th qtr 1995 $2.6 billion pretax charge to restructure into three separate companies. Lucent Technologies, AT&T's spinoff of its telecommunication equipment division, has cut 16,000 jobs, with another 7,000 reductions planned, but also added 5,600 positions in 1996. NCR, spun off from AT&T in Dec 1996, also plans to reduce its workforce by 8,500. Many staff reduction with come through normal attrition, but 20% less employees will be able to find other positions within AT&T.

Telecommunications, Telephone Communication, Human resource management, Telecommunications services industry, Telecommunications industry, AT&T Corp., Company restructuring/company reorganization, Reorganization and restructuring, Company personnel management

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