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Technology Stocks : AT&T
T 24.56-1.1%Jan 2 9:30 AM EST

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To: Frank A. Coluccio who wrote (1938)2/10/1999 9:48:00 PM
From: Chung Lee   of 4298
 
AT&T CEO says cable network to be open to others

cbs.marketwatch.com

WASHINGTON (CBS.MW) -- AT&T's chief executive says the carrier will allow independent content providers such as America Online access
to its soon-to-be-acquired residential cable lines, dismissing qestions that his company will operate the network as a monopoly.
C. Michael Armstrong, in a speech Wednesday at the National Press Club, said customers want as much access to content as possible and it's in AT&T's "self-interest" to satisfy them. See text of speech.

"The way you make money in networking is to have the most traffic over your facilities. And the way you have the most traffic over your facility is you attract the most content." Armstrong said. "We'll attract all the traffic we can on that network."

Text of AT&T CEO Armstrong's speech

cbs.marketwatch.com
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