Word: maing
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...Ma Bell is gone and big problems face the eight baby companies she spawned...
...proven its effectiveness," should remain off the Lebanese coast. Colorado Senator Gary Hart charged that Reagan "gave the phony impression of assuming responsibility, but it wasn't his job to put up fences and sandbags in Leba non. The hook he is on is how to get the Ma rines out of Lebanon...
...part of the breakup of the phone company, which will take place Jan. 1, A T & T last week filed 53,000 documents with the Securities and Exchange Commission. The papers projected 1984 sales, profits and dividends for the eight companies that will come into existence when the familiar Ma Bell is split up. The first quarterly dividend next year for all eight firms is expected to total $1.365 per current share of A T & T stock. That is 1½? more per share than the old A T & T has been paying for the past three years. Said Robert...
...weeks from now. Under the banner of promoting competition in the U.S. phone service, American Telephone & Telegraph, the Bell System, will die at age 107, shattered in the largest court-mandated breakup of a company since the split-up of Standard Oil in 1911. In place of the old Ma Bell will stand the "new" AT&T and seven regional telephone holding companies, all beginning life as giants and carrying such unfamiliar names as Nynex, Ameritech, U S West and Pacific Telesis. The eight new companies will immediately join the ranks of the 50 largest U.S. corporations in terms...
...chunk of the cross-subsidy system is going to disappear, putting fierce upward pressure on bills for local phone services. Regional phone companies stand to lose about $3.3 billion in revenues that they received from AT&T's long-distance tolls when they were still under Ma Bell's roof. Currently, about 37? from each dollar in revenues from long-distance charges is plowed back into the local companies...