AT&T plans to market BT's Concert network
Article Abstract:
AT&T Corp. intends to aggressively market British Telecommunications PLC's (BT) Concert global communications network, as part of its $11-billion joint venture agreement with BT. The move is in line with AT&T's efforts to enhance its position in the international business market. Concert, the one-stop shopping service for international customers, has around 4,400 business customers, but has no official distributor in the US. AT&T's commitment to use its full sales force for the marketing of Concert supports the assumption that it is intent on targeting customers of MCI WorldCom.
Comment:
Intends to aggressively market British Telecommunications PLC's Concert global communications network
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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AT&T chairman received '98 pay of $6.3 million
Article Abstract:
AT&T Corp.'s chairman and chief executive officer C. Michael Armstrong was given a $6.3 million compensation package for the 1998 year. Mr. Armstrong became AT&T's head in November 1997. His 1998 salary was $1.4 million and his bonus was $1.9 million. This is according to the company's proxy statement which was filed on March 19, 1999 with the US Securities and Exchange Commission (SEC).
Comment:
Chairman and chief executive officer C. Michael Armstrong given a $6.3 million compensation package in 1998
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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AT&T plans to cut up to 25% of executive staff
Article Abstract:
AT&T Corp. is planning to downsize its executive levels by as much as 25%. The company is implementing cost cuts worth $2 billion (1.98 billion euros).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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