The company, which plans to split into four operations, also lowered its forecast for the first quarter.
Citing its plan to split into four operations focusing on consumer, business, broadband and wireless businesses, AT&T did not provide detailed financial guidance for the company as a whole in the year ahead, leaving some analysts confused.
MBIA's restructuring is at the center of the banks' lawsuit, which accuses the insurer of defrauding them when it split itself into two operations, separating its traditional municipal bond insurance business from its exposures to mortgage-backed securities.
The department authorized a split of MBIA into two operations, separating its traditional municipal bond insurance business from its crippling exposure to toxic mortgage-backed securities.
[C3.] Changes by G.E.'s Next Chairman In his first major corporate and personnel move since becoming president and chairman-elect of General Electric, Jeffrey R. Immelt, left, named Gary L. Rogers, head of GE Plastics, as a corporate vice chairman and split the plastics business into two operations.
At that time, he proposed splitting the immigration agency into two operations, one dedicated to law enforcement and the other to providing services to immigrants.
In his first major corporate and personnel moves since becoming president and chairman-elect of the General Electric Company, Jeffrey R. Immelt said yesterday that he had named Gary L. Rogers, head of GE Plastics, as a corporate vice chairman and had split G.E.'s plastics business into two operations.
It splits its services into five operations - buying, capital, materials, medical and surgical, and non-medical services.
6 January 2011: Steele announces a radical organisational restructuring of the RFU, which includes the establishment of a new rugby department split into three sections: performance, operations and development.
Three key board members are split into two clear factions with operations director Paul Agnew and managing director Derek Shaw on one side, and Singh on the other.
