The company is spending more up front than we thought to pay for the TCI purchase.
More Quotes from Richard Klugman:
Unionization of these companies is a cost disadvantage and a flexibility disadvantage to them. If you're neutral, you have no power to keep your company from becoming unionized.Richard Klugman
The telecom market overall has been strong and a lot of the traditional carriers have been showing solid growth. We think that will continue.
Richard Klugman
He's got to focus on integrating the business units of ATT, on integrating the services so you can go to a consumer and say, 'We're not just your long-distance service. We want to be your Internet provider, your satellite services and, eventually, your local service,' ... The magic of the bundle is what every phone company is going after.
Richard Klugman
Some analysts doubt that the deal will face any real hurdles before it is finalized. People vastly underestimate that the deal is not happening because of the regulatory rhetoric they are hearing, ... People will be surprised at how easy it will be.
Richard Klugman
If you look at it on the whole, ... it shows the company is very focused.
Richard Klugman
I think once you get Lucent stripped out of it, and once it divests NCR there's a lot of value in the leftover company, which is essentially a long-distance company and a cellular company.
Richard Klugman
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