Dorman Improves Position at AT&T2/22/2002 4:32 AM Eastern
Reports are that AT&T Corp. president David Dorman took one step closer
to replacing chairman C. Michael Armstrong Thursday when he was named to the
company's board of directors, along with chief financial officer Chuck
A successor for Armstrong will be needed by the end of this year if AT&T
Broadband's merger with Comcast Corp. is approved. Armstrong is pegged to become
CEO of the merged cable companies.
Dorman gained the inside track to taking over the remainder of AT&T given
statements from Noski that he is not interested in the job.
The $72 billion AT&T-Comcast merger, announced in December, would create
the nation's largest cable operator, with a combined 22 million subscribers. But
it still must gain approval from federal regulators -- a process that will take
about one year to complete.