Word: bellsing
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In order to introduce the issues, a little background is in order. Until AT&T was broken up in the divestiture decisions of the early 1980s, U.S. telephone service was essentially a regulated monopoly. After the "break-up" of AT&T in 1984, seven regional "Baby Bells" entered the industry...
"Big bureaucracies and little computers just don't mix," says business writer Thomas McCarroll, assessing AT&T's retreat from the computer industry. The company announced that it will lay off 10,000 workers worldwide in its Global Information Solutions unit, formerly NCR until AT&T acquired it in 1990...
In one important way, the Baby Bells need the federal legislation for their long-term financial health. Says Schelke of Smith Barney: "The states are working to require the Bells to open up their local networks, and the Bells clearly will lose market share as that happens. Long-distance would...
Not surprisingly, many of the newcomers charge that the Baby Bells are busily erecting barriers to these challenges. The upstarts, who often lease lines from the Bells and use them to provide transmission services, say the companies can be maddeningly slow to make equipment available. IntelCom Group, a Denver-based...
The Bells attribute the delays to less sinister causes. U.S. West blames any slowness in providing lines on the robust growth of the Rocky Mountain region. In addition, the loss of lucrative corporate clients to the upstarts could force the Bells to jack up rates for less profitable residential service...