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Strategies & Market Trends : Cable and Wireless (CWP)

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To: mrc who wrote (28)	5/11/1998 12:11:00 PM
From: zebraspot	Read Replies (1) of 162

Excerpted from today's WSJ story on AT&T and it's new CEO: >>Chasing New Deals As AT&T's chairman, he expects to chase new deals that could significantly expand AT&T's base. With practically no debt and billions in cash flow, AT&T has one of the best balance sheets in the telecom industry. His emissaries have held discussions with financially powerful local-phone powerhouses BellSouth Corp. and GTE Corp. Overseas, Mr. Armstrong's team has held talks recently with British Telecommunications PLC and Cable & Wireless PLC. Their task: to figure out whether a merger with any of these companies would enhance AT&T's position in the local and international markets...<<

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