<< Either way, wouldn't Chairman Lee and company at GTE take over -- given the leadership void at AT&T? Don't you think the deal would resolve AT&T's management problem? They'd have one terrific company with great potential and strong leadership -- finally.>>
With AT&T's traditional and well known BUREAUCRACY, it won't work. Unless Lee gets the chairmanship of the combined company, the merger will not work because the old AT&T BUREAUCRATS, MILKERS, AND POLITICIANS will take over and build a bigger FALLING FAT GIANT that will be eaten alive 5 years down the road by the other much more efficient and aggressive telcom. companies i.e. SBC, WorldCom...etc.
I am not suggesting that Lee is the best choice. But his recent initiatives in LD, BBN, internet, shutdown of FAT HQ in Stamford and other cost management did demonstrate some good visions. If AT&T just puts Zeglis at the top, nothing against him personally, the old BUREAUCRACY is still going to consume and drag him down. And AT&T will miss the window of opportunity to reshape the combined company in the current ever faster changing telecom. environment. |