ATT covered in Financial Times Special on Telecoms today
link is specials.ft.com
30 pages on telecoms, mostly Asia and China
link is specials.ft.com
---- ATT snip --
Tough times for telecom's rising star
The head of AT&T's business services has had a baptism of fire, writes Richard Waters
Published: September 18 2000 17:44GMT | Last Updated: September 20 2000 10:21GMT
For the past five months, Rick Roscitt has been sitting in one of the hottest seats in global telecommunications - and it could get hotter.
AT&T's business services division, the unit he heads, had been one of the US carrier's main bastions of growth, delivering much of the increased revenue needed to offset the company's shrinking residential long-distance business.
So when news emerged earlier this year that Mr Roscitt's division had also hit a rough patch, it was the final straw for many AT&T investors, leading to a slump in Ma Bell's stock price that has turned into the biggest crisis faced by Michael Armstrong since he was brought in to head the company.
Then, last weekend, the Financial Times reported that AT&T and British Telecommunications were having serious talks about combining their respective business services divisions into one stand-alone unit (along with a separate merger of their wireless businesses).
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