Can Zeglis and Hindery work together? Leaders of AT&T Consumer Unit have different styles
Article Abstract:
The acquisition of TCI by AT&T has brought about changes in the AT&T Consumer Services Company, which will now be run by two men, John D. Zeglis and Leo Hindery. Zeglis, the president of AT&T, will hold the title of chairman and CEO of the new business. Hindery will be the No.2 man under Zeglis, and hold the titles of president and COO. The conglomerate encompasses AT&T's new acquired cable-TV networks in addition to long-distance and local phone services, Internet access services and a varity of wireless solutions. Collectively, AT&T Consumer Services sees $33 billion in revenue annually. Executives in the cable industry believe AT&T's best move would be to give Hindery a great deal of leeway, predicting micromanagement tactics would be a crucial mistake. Zeglis and Hindery both stated that their cultural differences would not create a barrier as they began working together.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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For AT&T, building local service is tough job
Article Abstract:
AT&T has promised to break into the local phone monopoly by building networks that will rival the competition, spending billions of dollars in the processes. To ensure this will happen, AT&T is involved in merger talks with SBC Communications, a regional Bell company. By combining the two companies, AT&T would be able to by pass offering local service to the two large regions that SBC controls, and instead concentrate on breaking into the remaining five regions controled by other Bells. AT&T's chmn, Robert E. Allen seemed to confirm this plan in a speech he gave to business leaders on Jun 10, 1997. He refused to confirm that AT&T was in talks with SBC, but pointed out how such as merger would enhance competition.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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