Michael Armstrong
Michael Armstrong
action aggressive build building continue delivered earnings focusing fourth investing line met momentum quarter reducing strong took top
For the fourth quarter in a row, AT&T delivered strong earnings and met investors' expectations, ... We took aggressive action in 1998 to strategically reposition AT&T for the future. We will continue to build on that momentum this year, focusing on reducing costs, building top line revenues and investing to grow.
borders coming economic emerge societies
As borders around the world are coming down, as societies emerge to participate in world economic order, they must have a competitive infrastructure in which to compete,
lots mobile work
That's where I see the real value. There are lots of mobile technologies out there that can work to our benefit.
academic attend based community decision detriment economic favor kids prefer seem served students
It would seem to favor the community colleges, to the detriment of students who would prefer to attend a university. Some kids are better served at community colleges, and some kids are better served at universities. That decision should be based on academic reasons, not economic reasons.
earnings executing grew growth percent progress reflect revenue steady strong wireless
AT&T's strong second-quarter earnings reflect steady progress in executing our strategy. In fact, two of our growth businesses, AT&T Wireless and AT&T Solutions, grew revenue more than 40 percent each.
advanced company dominated generation information last leader line product single transform video voice year
The acquisitions and investments we've made over the last year will transform AT&T from a company dominated by a single product line -- long-distance voice - into the leader in a new generation of advanced communications, information and video services.
amazing consumers industry money save saying
It's amazing how complicated this industry can make saying 'Hello,' ... actually will save consumers money because it's simple, it's any day and all day, it's straightforward.
decisions figure
I couldn't figure out where decisions got made at AT&T. This place was impossible.
aggregate cash compete dividends flow industries payment peers
The aggregate payout will be reduced, ... Cash flow will not go to dividends but into growth...the dividend payment will be appropriate to the companies' peers in the industries that they compete in.
benefits company customers key merger support voted
Our shareholders have voted overwhelmingly in support of the AT&T and TCI merger and the benefits it will bring, ... The merger is the key to making AT&T the 'any distance' company we need to be and our customers want us to be.
commitment means mutual
What today's announcement means is a mutual commitment to make this work,
fat
We're getting the fat out of the company,
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.
america best brand broadband putting
We're putting the best brand in communications with the best broadband infrastructure in America,