NETWORK WORLD NEWSLETTER: JIM DUFFY WITH VIEW FROM THE EDGE
10/14/04
Today's focus:  The second cut is the deepest

Dear [EMAIL PROTECTED],

In this issue:

* AT&T lops 7,400 more heads as it exits consumer telephony
* Links related to View from The Edge
* Featured reader resource
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Today's focus:  The second cut is the deepest

By Jim Duffy

AT&T is laying off 7,400 people - more people than planned this 
year - as it retreats from consumer telephony.

The beleaguered carrier is also writing off more than $11 
billion in assets as it continues to transform its network to 
support next-generation data-optimized applications for business 
customers.

AT&T will incur an asset impairment charge of $11.4 billion and 
a workforce restructuring charge of $1.1 billion for the third 
quarter.

The layoffs are in addition to the 4,900 cuts AT&T announced 
earlier this year. In all, 12,300 employees will be shown the 
door this year, or about 20% of the carrier's workforce.

AT&T announced plans earlier this year to exit consumer 
telephony after recent court rulings indicated that prices for 
access to local RBOC facilities were likely to climb. A 
Washington, D.C., appeals court in March had ordered an end to 
portions of the FCC's unbundled network elements platform 
policy, which established government-mandated rates for 
wholesaling RBOC local loops.

A string of efforts by competitive local exchange carriers, 
including AT&T, MCI and Sprint, to overturn the ruling have been 
blocked, prompting AT&T to exit the consumer local access 
business.

Speculation that AT&T would announce a significant restructuring 
surfaced earlier last week when CEO Dave Dorman abruptly 
canceled a speaking engagement at a Goldman Sachs conference in 
New York.

Observers believe AT&T is trimming itself down to attract 
suitors. RBOCs could gain access to a wealth of nationwide 
enterprise data customers and assets by acquiring AT&T, MCI or 
Sprint.

The RBOCs have all said they are looking to grow their base of 
enterprise customers. But at that Goldman Sachs conference, SBC 
and BellSouth indicated they were not interested in acquiring an 
IXC at the moment - they are still engineering Cingular's $41 
billion acquisition of AT&T Wireless - and Verizon has its hands 
full with a possible divestiture of 10 million rural access 
lines to help fund its FTTP buildout and EV-DO wireless 
expansion.

AT&T's exit from consumer telecom is a bittersweet milestone in 
the carrier's 130-year history. AT&T was the parent of the Bell 
System monopoly, earning the nickname "Ma Bell."

AT&T was forced to divest its local telephone operations by the 
Department of Justice in 1984, a ruling that created the RBOCs. 
AT&T then became primarily a long-distance provider leasing back 
pieces of its former local network from the RBOCs to offer local 
access service.

RELATED EDITORIAL LINKS

Carriers mull impact of rulings
Network World, 06/21/04
http://www.nwfusion.com/news/2004/062104carrfcc.html

RBOCs eye data opportunities
Network World, 11/24/03
http://www.nwfusion.com/news/2003/1124rbocdata.html

AT&T cuts 7,400 more jobs
Network World Fusion, 10/07/04
http://www.nwfusion.com/news/2004/1007att.html
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To contact: Jim Duffy

Jim Duffy is managing editor of Network World's service provider 
equipment coverage <http://www.nwfusion.com/edge/>. He has 18 
years of high-tech reporting experience, including over 12 years 
at Network World. Previously, he was senior editor at Computer 
Systems News and associate editor/reporter at Electronic News 
and MIS Week. He can be reached at <mailto:[EMAIL PROTECTED]>.
_______________________________________________________________
This newsletter is sponsored by Veritas 
Meta Group Whitepaper 
Database Infrastructure Performance Challenges: Approaches to 
Better Manage Application Database and Storage Subsystem 
Performance 

Corporate relational databases now manage the majority of 
business-critical data within the enterprise. IT organizations 
face continuing challenges in managing increasingly complex, 
data-driven application environments. Read this white paper to 
discover several factors which will converge to challenge the IT 
organization's ability to manage its database software 
infrastructure. 
http://www.fattail.com/redir/redirect.asp?CID=84714
_______________________________________________________________
ARCHIVE LINKS

Archive of the View from the Edge columns:
http://www.nwfusion.com/edge/columnists/index.html
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