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Article: Letter to Shareholders From Williams Communications' Chairman and CEO.
- Article from:
- PR Newswire
- Article date:
- January 16, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TULSA, Okla. -- The following was issued today by Howard Janzen, Chairman & CEO of Williams Communications .
As you know, the telecommunications industry has faced many challenges during the past two years -- challenges recently compounded by the slowing of our economy. These are tough times for our industry and our nation. As for Williams Communications, we continue to perform, drive greater revenue and deliver on our promises. It is with frustration, then, that we hear the news of Standard and Poor's decision to downgrade our publicly-traded debt. While the downgrade is in keeping with Standard and Poor's cautious view of our industry, it has no impact on ...