FCB Worldwide, New York, a unit of True North Communications, is set to collect a further hefty slice of business from ailing telecoms giant AT&T Corporation.

Following a three-way pitch against two other AT&T roster agencies (Y&R Advertising, New York, and Schifino Lee, Tampa, Florida) AT&T is expected to announce within days that FCB has been appointed to handle its Business Services Division account – said to be worth between $50 million to $100m.

The while, all parties remain zip-lipped: "We have nothing to announce at this time," said AT&T spoke Jim Burns.

News source: Advertising Age - Daily Deadline