Michael Armstrong
Michael Armstrong
fun reporting seems
There seems to be a lot of fun in reporting that this is a reversal of our strategy,
achieve
That's not where we want it and there's much more to be done to achieve more growth.
advanced choice deliver expect homes local phone run service services waiting wire
Americans have been waiting for someone to run another wire to their homes to give them a choice in local phone service and deliver the advanced services they expect in a competitive market,
america best brand broadband putting
We're putting the best brand in communications with the best broadband infrastructure in America,
fat
We're getting the fat out of the company,
advantage available confident currency data fixed growth including investors performance provide reflected tracking value wireless
By highlighting the exceptional performance of AT&T's fast-growing wireless operations, we are confident that investors will see the value of this business, ... That unlocked value, which will be reflected in the tracking stock, will provide us with the currency to take advantage of the outstanding growth opportunities available in the wireless industry, including fixed wireless, wireless data and international expansion.
broadband business data decline growing impact nearly reflects revenue services total
While our total revenue reflects the impact of the industry-wide decline in long-distance voice, we are growing revenue in Business Data and IP services and our Broadband business by nearly 14 percent,
fit percent time
We're comfortable that if the Time Warner partnership is not attributable to AT&T that we can fit under the 30 percent cap,
believe doubt issues last
We know of no objections or issues at the FCC, so we believe that removes any last doubt there is,
company creation phase recognize results time today transform value
We set out to transform this company from a point-to-point long-distance company. The results today are strong. They need to be better, and they will be. But it's now time to recognize the value creation phase of our strategy.
business costs difficult economic face focused growing growth managing reflect remain results revenue
Our results reflect a business managing through a difficult economic and industry-wide climate, ... In the face of these pressures, we remain focused on controlling costs and growing revenue in our growth businesses.
along continues declines impact others voice
Our business, along with others in the industry, continues to feel the impact of declines in long-distance voice revenue,
board concerned corporate matters structure voting
Further, the board is concerned that Comcast's multi-tier voting structure would put AT&T shareowners at a disadvantage in matters of corporate governance,
companies essential global growth japan key largest opportunity strong three venture
Japan has one of the largest concentrations of multinational companies in the world. It's an extraordinary growth opportunity for all three companies and it is essential that the global venture have a strong distributor in this key market.