AT&T stays course with IPO plans

Article Abstract:

Telecommunications firm AT&T's planned initial public offering (IPO) for its wireless business is being watched closely by market analysts who have seen other IPOs delayed due to volatile market conditions. The firm's IPO could raise as much as $13.2 billion if it manages to land in the expected range of $26 to $32 a share. Such projections are not far-fetched, considering AT&T is considered a blue-chip stock and its wireless business reported earnings of $2.2 billion for the first quarter of 2000.

Organizational history, Telecommunications industry, AT&T Corp.

---

Verizon talks show progress as unions remain bargaining

Article Abstract:

Talks between New York state-based telecommunication services provider Verizon Communications and the two unions representing 87,000 striking Verizon workers appear to be making some significant progress. The strike is approaching its third week because of key sticking points including mandatory overtime, work transfers within the company and conditions for customer-service operators. While the strike has not curtailed normal telephone service, it has slowed repairs, installations and directory assistance.

Labor force information, Verizon Communications Inc.

---

New high-speed Net link hits home

Article Abstract:

Rhythms NetConnections will start marketing its high-speed Internet connections to consumers for the first time. Previously offered only to businesses, the always-on Internet service is three to 25 times faster than ordinary Internet connections. The Englewood, CO-based company projects its digital subscriber lines to reach approximately 50% of US homes by the end of 2000.

Strategy & planning, Internet service providers, Rhythms NetConnections

Similar abstracts:

• Abstracts: Movies soon could be just a click away. Excite to offer high-speed Net service. AOL angles for TV viewers
• Abstracts: Drugs that starve tumors prove disappointing. New drug targets cancer cells. Investors rejoice in Celera promise
• Abstracts: Investors ignore eBay's solid earnings. Impotence treatment wins patent. E-retailers run low on fuel
• Abstracts: Visa, MasterCard targets of Justice antitrust lawsuit. First Union accused of gouging employees. Workers sue SBC over 401(k)
• Abstracts: United Airlines, mechanics' dispute raises safety worries. United Airlines chief steps down. Continental, United battle over carry-ons

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.