Word: mci
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...MCI Communications Corp. seems like the last company likely to worry American Telephone and Telegraph...
...which has $67 billion in assets, is the biggest of all corporate elephants; by comparison, MCI, whose principal asset is a $64 million line of bank credit, is scarcely even a gnat. Yet MCI last week bested Ma Bell in a court test that, in the eyes of A T & T officials, makes it a serious competitor. AT&T Chairman John D. deButts is, in his own words, "marching up and down the land" complaining to business audiences about the unfairness...
...companies lease private long-distance phone lines to corporate, institutional and government clients. These "tie lines," carrying voice and data, are the most profitable of Bell's services, especially on the high-traffic routes between major cities. Until January 1972, Bell had a monopoly on tie lines; then MCI inaugurated a microwave relay network, offering the same service at lower prices. For example five AT&T lines between Chicago and St. Louis cost around $2,500 a month; five MCI lines cost between $95 and $255 a month less...
...telephones in 94% of American homes. Only by charging tieline customers somewhat more than the service actually costs to provide, they contend, can AT&T hold down rates to users of its standard services. Federal regulators, they argue, should not permit its rates to be undercut by MCI, which has no obligation to maintain unprofitable service in rural communities, as Bell does. MCI executives reply simply that prices should reflect the cost of providing service: costly services should be expensive, and inexpensive services should be cheap...
...said. "Count as many of them as you want. I got four more. One on each finger. Know how I got those? I bought some stuff from a man that I had his name, and it got traced, and the man I bought if for, he went to MCI Walpole for fifteen to twenty-five. Still in there, but he had some friends. I got an extra set of knuckles. Shut my hand in a drawer. Then one of them stomped the drawer shut. Hurt like a tucking bastard. You got no idea how it hurt...