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To: P2V who wrote (1043)	1/25/1998 11:04:00 PM
From: P2V	Read Replies (1) \| Respond to of 1629

Pete B. Roker's Technical Thread exchange2000.com

To: P2V who wrote (1043)	1/26/1998 2:58:00 PM
From: Maverick	Respond to of 1629

AT&T To Map Out New Strategy By KATE GERWIG The "new" AT&T may be a lot thinner, and if it's lucky, a lot more focused. AT&T CEO Michael Armstrong, who has presided over the long-distance giant only since October, will meet with financial analysts in New York today to explain his new strategy, which may include cutting 10 percent of AT&T's staff, or about 12,500 people. AT&T has some work to do in several areas. In its core long-distance business, the company's market share has dropped from 62 percent five years ago to 50 percent today. And scrappy new competitors like Qwest Communications, headed by former AT&T executive Joseph Nacchio, are undercutting traditional long-distance rates by offering low flat per minute charges using Internet technology. The new AT&T is also expected to beef up its Internet access and international services and try to make its wireless division more profitable. Meanwhile, even though its corporate reorganization is stealing the limelight, AT&T will introduce new frame relay and international services at the ComNet trade show in Washington, D.C., this week. n terms of a strategy to enter the local telephone business, AT&T's recently announced it will acquire Teleport Communications Group (TCG), the Staten Island-based competitive local exchange carrier, for $11 billion. AT&T has a better chance of cracking the local business market allied with TCG than it had previously by reselling Bell company services. TCG offers local business access in 66 U.S. cities.

To: P2V who wrote (1043)	1/26/1998 2:59:00 PM
From: Maverick	Respond to of 1629

The TCG acquisition, a tiny company with $500 million in revenues in 1997 compared to AT&T's $51.6 billion, should help with the $20 billion local business market, but does nothing to address the $80 billion residential market. For that, Armstrong may take the long view and wait to offer telephone service using cable and wireless technology that won't be ready for prime time for three to four years. Armstrong reportedly wants to grow the profitability of AT&T's Internet business. The TCG acquisition includes CERFnet, the San Diego-based ISP purchased by TCG last year. CERFnet serves the business market with Internet access and Web hosting services. AT&T's WorldNet consumer Internet access service has grown to 1.1 million subscribers since it was launched in 1995, but far below America Online's 10 million mark. Industry rumors suggest AT&T may take an equity stake take in @Home, the Internet access service that offers users high speed access to the Internet using cable modems.