Word: carrier
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Dates: during 1990-1999
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Harvard officials say their hands are tied by a dated contract with MCI WorldCom that leaves the long distance carrier to walk away with substantial profits while the University is forced to pass the high prices on to break even...
...just say that we are going to be negotiating and re-negotiating our long distance carrier arrangements in the future--within the next year--and recent changes in the residential fees landscape are at the top of our agenda," Grenier says. "We'd like to be competitive against the current advertised residential market...
Schools such as Cornell, Princeton, the University of Pennsylvania and Columbia all bear outdated long-distance carrier contracts. Each chooses to place an even heavier burden on international students than Harvard does by balancing lower domestic rates with international calling costs that exceed even Harvard's rates...
...Summerall, director of college and university sales for AT&T, said his company is prepared to make major changes in contracts between the long distance carrier and the University...
Airline deregulation, instituted in 1978, has reduced competition, with major hub cities like Atlanta and Minneapolis dominated by a single carrier, which can virtually dictate fares. American Airlines, which dominates the market from Miami to the Caribbean, cut fares drastically a couple of years ago, when a reconstituted Pan Am came on the scene; only hours after Pan Am shut down last February, American's fares shot up. Miami travelers complain that American's busy schedule is something of a sham, with flights often canceled for mysterious reasons. On the route to Nassau, says Perla Martinez, a Miami travel agent...