"Wouldn't it be nice if a Media One Exec replaces him ?"
Maybe you'll get your wish...
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AT&T cable chief steps down in surprise move
update In a surprise move, AT&T said today that the head of its high-profile cable operation--formerly Tele-Communications Incorporated--is resigning after he realized Ma Bell was not the place for him "long term."
Leo Hindery Jr., chief executive of AT&T's cable business unit, is leaving to pursue other interests but will continue briefly as a strategic adviser to chief executive C. Michael Armstrong, the company said. Hindery will advise Armstrong on cable matters, with a specific focus on acquisitions and industry relations.
The departure comes at an awkward time for AT&T, which is upgrading its newly acquired cable networks to offer local telephone service and high-speed Internet access--all part of Armstrong's effort to rebuild the company as a full-service communications provider.
Until a permanent replacement is named, Amos Hostetter, a member of AT&T's board of directors and formerly an executive at cable operator MediaOne Group, will work on the development of AT&T's broadband strategy, staffing, and industry relations. In the meantime, AT&T chief financial officer Daniel Somers will run the daily cable operations, Hindery said.
more: news.cnet.com |
