C. Michael Armstrong | eWeek

C. Michael Armstrong

Written By
eWEEK EDITORS
eWEEK EDITORS
Sep 3, 2001
1 minute read
eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

After his AT&T fiasco, to where can CEO Mike Armstrong possibly fail upward? Perhaps the U.S. Congress, where wavering and flip-flopping are prerequisites for success. We can only wonder why AT&Ts board has not shown Armstrong the golden door. No matter. We offer him instead the Raspberry Throne — a dubious perch whence he can look on as the fruits of his ill-conceived labor are squandered to the lowest bidder. Mr. Mike spent $110 billion to turn AT&T into the largest cable company in the world. The future, according to Armstrong, lay in bundling services onto one bill — telephone, pay television and Internet. But Wall Street got cold feet last summer, as the Internet bubble began to pop. Armstrong abruptly changed strategy — pitching instead a breakup of AT&T into four parts. The largest of those pieces, AT&T Broadband, was recently in play, with Comcasts Roberts family — Chairman Ralph and President Brian — hoping to pay 50 cents on each dollar Armstrong spent to buy it.

eWeek Logo

eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site's focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.