Telecom woes are unlikely to ease soon

Article Abstract:

The Dow Jones Telecommunications Index dropped 30% over the last year and most analysts and executives are preparing for a financially woeful winter and beyond. ABN Amro reports that North American telecommunication companies will cut spending by 29% to $85 billion next year. The 4 regional Baby Bell carriers, usually the most stable industry veterans forecast the downturn to carry on through the middle of 2002. Tens of thousands of layoffs have already occurred. Nortel Networks and Lucent Technologies have cut almost half of their employees. Some analysts, noting the recent spate of horrible financial reports, feel that the situation is so dire, it can only improve.

Europe, Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Mobile Radio Services, Financial analysis, Statistical Data Included, Analysis, Finance, Forecasts and trends, Telecommunications equipment industry, Telecommunications systems, Influence, Wireless communications services, Market trend/market analysis, Company sales and earnings, Company losses, Regional Bell Operating Companies, Layoffs, World Trade Center and Pentagon Attacks, 2001, Economic lag

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AT&T's one-rate plan falls short of promise for broad, easy use

Article Abstract:

AT&T's Digital One Rate cellular service, "...your wireless phone may be your only phone," is in fact very disappointing to the author. The actual service falls short because the network is overloaded, and there are many dead spots in big cities where calls get cut off. AT&T's idea of eliminating roaming and long-distance charges and providing a flat monthly fee is wonderful but the company not been able to live up to its raised expectations. The author advices the telecommunications giant to emulate America Online, which recovered from a fiasco years ago by improving capacity.

Telephone and telegraph apparatus, Telephone Apparatus Manufacturing, Cellular Mobile Radio Services, Services development, Digital Carrier Equip, Product/Service Evaluation, Services, Cellular telephone services industry, Cellular telephone services, AT&T Corp., T, Company service review, Digital telephone systems, Digital carrier systems

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