Eileen Connolly
Eileen Connolly
action conduct effect far given higher position practical rating stated totally unexpected view
The Moody's action was not totally unexpected given their stated view of the industry, ... It will have no practical effect on the conduct of our business. Even after the debt-rating cut, AT&T has a higher rating than its competitors ... AT&T is in a far better position than most of our competitors.
discuss premature
However, it is premature and inappropriate for us to discuss this further.