Michael Armstrong Quotes (47 Quotes)

It's not quite as simple as putting up some access points and turning them on. The biggest decision is the business model. How do you make this work successfully

We're comfortable that if the Time Warner partnership is not attributable to ATT that we can fit under the 30 percent cap,

It's not either terrorism or natural hazards. Both are important and both need to be addressed.

Are we just moving boxes around or are we fundamentally changing the way the nation does business It's too soon to tell. But there's a lot of good work over the past several years and decades that doesn't need to be negated.

This is going to provide a foundation and a path to let these business realize their value in the marketplaces.

That's not where we want it and there's much more to be done to achieve more growth,

For the fourth quarter in a row, ATT delivered strong earnings and met investors' expectations, ... We took aggressive action in 1998 to strategically reposition ATT for the future. We will continue to build on that momentum this year, focusing on reducing costs, building top line revenues and investing to grow.

We know of no objections or issues at the FCC, so we believe that removes any last doubt there is,

That's where I see the real value. There are lots of mobile technologies out there that can work to our benefit.

But the chairman also said he believed the deal would have little impact on whether the European Union will approve the British Telecom venture. The amount of this network that will affect the joint venture, I do not consider material, ... I think the regulators, when they look at it, will agree with me.

It's amazing how complicated this industry can make saying 'Hello,' ... actually will save consumers money because it's simple, it's any day and all day, it's straightforward.

It would seem to favor the community colleges, to the detriment of students who would prefer to attend a university. Some kids are better served at community colleges, and some kids are better served at universities. That decision should be based on academic reasons, not economic reasons.

While our total revenue reflects the impact of the industry-wide decline in long-distance voice, we are growing revenue in Business Data and IP services and our Broadband business by nearly 14 percent,

People use not just personal computers, but telephones, televisions, wireless and other devices with this technology so that minutes will migrate over time, ... We really don't see a mass substitution or a great big cliff ahead of us, but rather that people will use this Net2Phone applications in conjunction with activities that they are performing in the Internet portal space.

Americans have been waiting for someone to run another wire to their homes to give them a choice in local phone service and deliver the advanced services they expect in a competitive market,

Bell Atlantic has not even come close to meeting performance levels required by the Telecom Act, ... Our brand is damaged each and every time they fail to provide our customers with service or features in a timely manner. We also suffer direct financial harm from lost revenues and costly re-works.

Our shareholders have voted overwhelmingly in support of the ATT and TCI merger and the benefits it will bring, ... The merger is the key to making ATT the 'any distance' company we need to be and our customers want us to be.

We've had some starts and some stops with America Online. The way a network operator like we make money is with network traffic ... we just haven't been able to get together.

It built a great deal of public trust and a stronger relationship with its state and local government partners.

For Hughes Aircraft to remain competitive in a shrinking market, there was a need to increase its participation in the industry consolidation. Raytheon together with Hughes will create a much more competitive company.

We're getting the fat out of the company.

Before we can take a position on their offer, we have to make sure that we truly understand it, ... So ATT's management and board will go through Comcast's proposal very carefully to determine whether it is the best way to achieve our goal of creating long-term shareowner value. That could take some time to do thoughtfully.

We set out to transform this company from a point-to-point long-distance company. The results today are strong. They need to be better, and they will be. But it's now time to recognize the value creation phase of our strategy.

During the quarter, we maintained our focus on managing costs, increasing revenue in our growth businesses, and improving customer satisfaction,

Our business, along with others in the industry, continues to feel the impact of declines in long-distance voice revenue,

By highlighting the exceptional performance of ATT's fast-growing wireless operations, we are confident that investors will see the value of this business, ... That unlocked value, which will be reflected in the tracking stock, will provide us with the currency to take advantage of the outstanding growth opportunities available in the wireless industry, including fixed wireless, wireless data and international expansion.

While we did not make this decision lightly, we believe it is necessary and in the best long-term interests of our shareowners to adopt a dividend policy comparable to the policies of our competitors,

This gives us a very persistent presence in these portals and browsers, with voice-over-IP Internet protocol, ... The ability to attach other services and applications to that voice service was very much a part of our strategy.

While we have no current plans to sell our broadband business, Comcast's offer is serious. And we are giving it serious consideration, ... The offer recognizes at least some of the value that we've created in ATT Broadband. The question is whether it recognizes the right value.

This agreement will turn a non-strategic investment into cash that we can use to pay down debt,

I don't think the SBC acquisition of SNET is a defining event, ... I don't think it does anything to open markets or promote competition.

What today's announcement means is a mutual commitment to make this work.

The ancient Romans had a tradition whenever one of their engineers constructed an arch, as the capstone was hoisted into place, the engineer assumed accountability for his work in the most profound way possible he stood under the arch.

We see a market out there today that is a 40 billion market that's growing at 20 percent, ... When we're saying we're going to grow at 15 percent, I think we're trying to be conservative. There's much more out there in terms of growth ahead.

Japan has one of the largest concentrations of multinational companies in the world. It's an extraordinary growth opportunity for all three companies and it is essential that the global venture have a strong distributor in this key market.

Maybe when we go salmon fishing we'll know more about that, ... They're one of our business customers it's a big business.

The aggregate payout will be reduced, ... Cash flow will not go to dividends but into growth...the dividend payment will be appropriate to the companies' peers in the industries that they compete in.

In 2000, the industry felt the impact of the long-distance decline we anticipated when we put our new strategy in place three years ago, ... Our results reflect the acceleration of that decline, but also clearly demonstrate that we are successfully scalin

These joint ventures bring us another step closer to our goal of giving U.S. consumers a choice in local phone service.

This deal will match each company's strength with the other company's business needs,

are not in the consumer's interest and should be denied.

As lead arrangers, they have also advised us that they are highly confident of their ability to raise financing for the balance of the cash portion of our offer,

David is uniquely qualified to head our new business, ... He has experience in launching successful start-ups, and in running multi-billion dollar businesses, just what we need to head a global venture that, on day one, will be a 10 billion company.

This merger will mean a real choice and lower prices in local phone service, faster Internet access and better cable TV.

I couldn't figure out where decisions got made at ATT. This place was impossible.

The acquisitions and investments we've made over the last year will transform ATT from a company dominated by a single product line -- long-distance voice - into the leader in a new generation of advanced communications, information and video services.

Our results reflect a business managing through a difficult economic and industry-wide climate, ... In the face of these pressures, we remain focused on controlling costs and growing revenue in our growth businesses.