Peter Thonis
Peter Thonis
happen time
We're working around the clock, ... It will be incremental and will happen in stages. It will take some time before everyone is up.
action additional close focus helps move three time
With the MCI transaction close to completion, this is the right time for us to take action that helps us sharpen our focus on our three network-based businesses. This move will give them additional flexibility to maneuver in a fast-moving marketplace.
action additional focus helps move three time
This is the right time for us to take action that helps us sharpen our focus on our three network-based businesses. This move will give them additional flexibility to maneuver in a fast-moving marketplace.
confident terms track
We're very confident that our transaction is on track in terms of approvals.
expect expense impact people
It's not a people target, it is an expense target, ... We do not expect a significant impact to the head-count at GTE.
agreement announced merger
When we announced the merger agreement on Aug. 8, this was not the case.
bankrupt bankruptcy companies conduct criminal due entitled held might process skirt
Bankrupt companies are entitled to due process. But they can't use bankruptcy to skirt the process by which they're held accountable to regulatory bodies, particularly when there might be criminal conduct involved.
adverse agreement change decision material ongoing
We made the decision to terminate the agreement on a material adverse change clause. It was because of the ongoing deterioration of their business.
company feasible
The company did not think it was feasible to restructure the deal.
logical move t
This is a logical and predictable move by AT&T ( T ).