Word: mci
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Dates: during 1990-1999
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...only is there no consensus on the value of Harvard's telephone services, but the confusion may only increase with the recent renegotiation of Harvard's long-distance contract with MCI and with the 1996 Telecommunication Act, which takes effect...
...predicts a reduction in usage costs from the long-distance vendors, according to MCI's Web page, but this may be an overly optimistic prognosis...
...such concerns scarcely dim the newfound luster of MCI as America's most wanted company. MCI stock, which traded for less than $28 a share last month, closed at $37.75 last week. "They [MCI] are in a really enviable position," says Jeffrey Kagan of Kagan Telecom Associates in Atlanta. "They can pick and choose their future and the company that will get them there." And the battle for that future--as well as for the rest of the telecom industry--may just be starting...
...companies to open up their markets. "It's a torpedo under the waterline of efforts toward real competition," Hundt says. "Congress's intent to introduce competition was twisted by the judicial machinations of incumbent monopolists--both local and long-distance telephone companies." Hundt doesn't see the potential GTE-MCI merger as being particularly friendly to consumers. "By our count, GTE has filed 23 federal court actions challenging the pricing decisions of 23 state commissioners," he complains...
BRITISH TELECOM The early loser, stuck with 20% of MCI, looks golden now that GTE bids big for MCI stock...