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.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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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.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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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.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2003
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