AT&T seeks marketing pact with Bells; plan for carriers to offer long distance could be a political maneuver
Article Abstract:
AT&T extended an unprecedented marketing offer to regional Bell telephone companies, inviting the local carriers to sell its long-distance service to their customers. Acceptance by the Bells would unite AT&T with the local phone monopolies for the first time since AT&T's 1984 breakup. AT&T Chmn C. Michael Armstrong believes the move will benefit his company by capitalizing on the Bells's recent mergers and marketing deals that would combine local- and long-distance service. Either AT&T could recoup its market share losses through an arrangement with the Bells, or possibly establish discrimination if the Bells reject its offer. The Bells noted AT&T's attempts to seek a restraining order against similar deals between long-distance carrier Qwest Communications and Bell companies U S West Communications Group and Ameritech. The AT&T move is part of Armstrong's ambitious plans to boost company growth.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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MCI's Akerson abruptly quits to lead General Instrument in multimedia push
Article Abstract:
Daniel Akerson quits his job as MCI Communications Corp president for the position of General Instrument Corp (GI) chairman and CEO. Akerson also becomes a general partner in Forstmann Little and Co, a principle owner of GI. Akerson's work at MCI resulted in that company's growth after the AT&T divestment, and more recently Akerson has focused MCI on multimedia services. GI is preparing to compete with local phone and cable companies for a share of the multimedia services market. Akerson will now oversee GI's development of an interactive multimedia service microprocessor, on which it is working with Microsoft Corp and Intel Corp. GI also provides equipment that enables cable companies to supply 500 channels.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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AT&T might build networks outside U.S
Article Abstract:
AT and T plans to build computer networks overseas if corporations in foreign countries ask for advanced communications technology that their domestic telephone companies cannot provide. Industry observers note that the telephone company's long-standing relationship with government-owned telephone companies, known as PTTs, will give AT and T an obvious advantage over rivals. AT and T is said to be particularly interested in improving communications technology within the Soviet Union. The plan, which the US government recently approved, would call for AT and T to build 24 private-line satellite circuits and use the existing Intersputnik satellite system.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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