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To: FJB who wrote (43)	12/11/2007 12:47:36 PM
From: tech101	Read Replies (1) \| Respond to of 70

AT&T CEO Looks Ahead To The New Year By Carol Wilson Dec 11, 2007 12:07 PM AT&T is seeing unprecedented growth in bandwidth demand and has transformed itself to capitalize on that trend with a seamless, IP-based global network, the company’s chairman and Chief Executive Officer told the AT&T Investor Day audience this morning. Randall Stephenson painted a very bright picture of AT&T’s future, calling his company “uniquely positioned at the center of this new communications industry.” In addition, he said, AT&T is being “driven by mobility, broadband and customer choice,” with a “simple, clear vision” of putting “mobility and IP interactivity at the very heart of the customer experience and the forefront of our business.” As a result, he said, AT&T will continue double-digit growth in adjusted earnings per share and should see mid-single digit growth in revenue in 2008 and the years beyond. …… By focusing on scaling its all-IP network and integrating its wireless and wireline operations into a single company focus, AT&T expects to “elevate the customer experience and drive customer growth, drive loyalty, drive service adoption and increased usage,” he said. ….. “We are seeing volume growth in this industry like we haven’t seen in a long time,” Stephenson said. “Global broadband, converged devices and converged services are, quite frankly, exploding. We are seeing consumer demand accelerating. I think you’ll be surprised at the customer trends we are seeing, which are reshaping the industry and creating a whole new set of opportunities for growth.” That includes growth in voice, he pointed out, which most people overlook. “Traffic volumes are surging, and it starts with voice traffic,” Stephenson said. “There is a misperception that voice is declining. Voice is growing at about 10% year over year. What is new is the shift to wireless. Voice is still the most relevant and the most profitable application we run over our networks. Without wireless, frankly, you really don’t have a voice offering in this industry.” telephonyonline.com