JANUARY 2, 1996 AT&T announces 1995 charge and downsizing of 40,000 jobs. FEBRUARY 8, 1996 President Clinton signs the Telecommunications Act of 1996. AUGUST 19, 1996 AT&T president Alex Mandl resigns. OCTOBER 23, 1996 John Walter joins AT&T. APRIL 30, 1997 Dan Somers joins AT&T as chief financial officer. JUNE 19, 1997 John Zeglis is appointed vice chairman of AT&T. JULY 16, 1997 John Walter resigns. Board begins search for new OCTOBER 20, 1997 Mike Armstrong joins AT&T. John Zeglis is named president. JANUARY 8, 1998 AT&T acquires Teleport Communications, Inc. JANUARY 26, 1998 Armstrong announces initial cost-cutting and growth plans. MAY 7, 1998 AT&T launches first national one-rate wireless ser- vice plan. JUNE 24, 1998 AT&T and TeleCommunications, Inc., announce plans to merge. Leo Hindery becomes president of AT&T's cable systems. JULY 26, 1998 AT&T and BT announce formation of global joint venture. Selective Chronology DECEMBER 8, 1998 AT&T agrees to acquire IBM's global data network for $5 billion. MARCH 4, 1999 David Dorman named CEO of AT&T/BT global joint venture. APRIL 6, 1999 AT&T imposes $3 minimum on basic calling plan customers. APRIL 22, 1999 AT&T tops Comcast's offer for MediaOne Group cable systems. MAY 4, 1999 Comcast drops MediaOne bid, swaps cable systems with AT&T. MAY 6, 1999 AT&T and MediaOne reach definitive merger agreement. OCTOBER 6, 1999 Leo Hindery leaves AT&T and is replaced by Dan Somers as head of AT&T cable systems. DECEMBER 6, 1999 AT&T says it will establish a tracking stock for AT&T Wireless. John Zeglis will be CEO of AT&T Wireless. DECEMBER 9, 1999 Charles Noski is named chief financial officer of AT&T. MARCH 29, 2000 AT&T acquires control of Excite@Home from Comcast and Cox. APRIL 26, 2000 AT&T Wireless tracking stock begins trading at $29.50 a share. MAY 2, 2000 AT&T revises earnings guidance for third and fourth quarters. MAY 31, 2000 AT&T eliminates $3 minimum charge and in- creases basic rates. JUNE 7, 2000 Facing intense criticism, AT&T defers basic-rate in- creases. 