Hindery: I Wont Work in Cable

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Baltimore -- Addressing a cable audience one week after his
departure from AT&T Broadband & Internet Services, Leo J. Hindery Jr. said he
loved the business, but he wouldn't work for anyone else in it.

"It is difficult to conceive that I would ever work
for another company in the cable industry," the former AT&T Broadband CEO, now an
adviser, said during a speech last Wednesday at the East Coast Cable '99 convention
here.

His tumultuous term at Tele-Communications Inc. and at
AT&T Corp.'s cable unit "would be a tough one for me to match, and I have no
intention of trying," he added.

Afterward, Hindery, who accepted the "Cablevision/Bill
Daniels Cable Operator of the Year Award" for AT&T Broadband, told reporters he
hasn't determined his future plans.

During his speech, he stayed away from talking about
difficulties he may have had with AT&T's corporate culture. But he predicted more
major telecommunications mergers and challenges from them.

"We will all be called upon to create new
opportunities to form these combinations," he said. "To some extent, this may be
a very difficult challenge."

Hindery said three elements make a successful company:
people, leadership and culture. He lauded several executives on his management team,
saying, "AT&T is blessed, truly blessed, to have these people on their
team."

Asked later if he thinks AT&T will move its cable
headquarters from Denver, Hindery said, "It never should, and I don't think it
will."

--Steve Donohue

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