Market will dictate AT&T Broadband IPO

Article Abstract:

The IPO of AT&T Broadband could be delayed by a weak IPO market, or could move forward when market conditions improve, according to AT&T Chmn C Michael Armstrong. The delay would allow AT&T Broadband to improve revenue growth of 10.4% in 2000 and cash flow that declined by 13% during fourth quarter. He emphasized that the delay of the IPO would not impede on his plan to restructure AT&T into three stand-alone businesses. AT&T Broadband is the US' largest cable TV company and also offers high-speed Internet and local telephone service.

Organizational history, Cable Television Systems, Cable Networks, Cable television broadcasting industry, Cable television, Comcast Cable Holdings L.L.C.

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Bloodied Lucent tries to battle back

Article Abstract:

Lucent Technologies Inc, in an attempt to quash rumors of an impending bankruptcy that has caused the price of its stock to slide to 1996 levels, has reduced its product offerings and employee complement. The price of the telecommunications equipment maker's shares dropped by 30% to $6.75 on Apr 4, 2001, on rumors that it is going bankrupt. Lucent maintains that it has the necessary financing needed to effect a turnaround.

Telephone Apparatus Manufacturing, Financial management, Telephones, Lucent Technologies Inc.

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Duo try to do right by Qwest

Article Abstract:

U.S. Attorney John Suthers and Assistant Attorney Bill Leone have indicted 4 Qwest Communications executives for corporate misconduct.

Legal issues & crime, COMMUNICATION, Communications, Broadcasting and Telecommunications, Legal/Government Regulation, Company legal issue, Cases, Telecommunications services industry, Telecommunications industry, Investigations, Communications industry, Personalities, Qwest Communications International Inc., Public prosecutors, QWST, Ashcroft, John D., Suthers, John, Leone, Bill

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