Big carriers are slow to enter local markets
Article Abstract:
Telecommunications deregulation caused tremendous industry clamor about increasing competition and service expansion, but AT&T, Sprint, MCI and other large companies are no longer pursuing far-reaching business plans. The companies had discussed building their own networks, to compete with RBOCs in the local telephone markets, but now seem content to lease existing lines and resell their services. Analysts report none of the telecommunications companies are boldly invading one another's market territory, because all affected companies will lose profits. The RBOCs and government regulators generally consider AT&T to be the industry leader, and in the event the company decides to enter local markets, more firms will begin to expand their telecommunications services. AT&T denies it is hesitating to enter local markets, and indicates it now offers the services in Sacramento, CA. MCI, Sprint and AT&T continue to promise they will aggressively pursue local markets, but the RBOCs are not convinced.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
If AT&T and SBC make a connection; the baby Bell may dominate former parent
Article Abstract:
The proposed $50 billion merger between SBC and AT&T is twice the size of any other corporate deal on record. SBC recently completed its acquisition of Pacific Telesis Group, a $16.5 billion deal that closed on Apr 11, 1997. The two companies have spend the last two months disagreeing on several important issues, such as management style. PacTel has a very laid back approach to management, while SBC's management approach is to command. Industry executives do not believe SBC will be willing to take a back seat position to AT&T. AT&T is over twice the size of SBC and not familiar with the long-distance industry which AT&T dominates, yet experts predict it will want to take charge. This attitude is one of the issues that will have to be addressed for the merger to be accomplished.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
AT&T, Time Warner likely won't sign deal for local phone service by April 30
Article Abstract:
The proposed deal to use cable lines for local telephone services between AT&T and Time Warner probably won't go through by the scheduled deadline on April 30. Neither company states that there are problems on either end, but they still believe that they will miss the date, if only by a couple of days.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Microsoft, Time Warner and U S West discuss high-speed Internet service
- Abstracts: AT&T quarterly gain is below rivals'; defense plans call for bundled services. Operating income up at Sprint but it has overall quarterly loss
- Abstracts: David Packard, 83, pioneer of Silicon Valley, is dead. Hewlett in $1.15 billion deal for maker of credit card devices
- Abstracts: The Internet: fun while it lasted. FCC rules on local phone networks are thrown out by Appellate Court. FCC is expected to reject Ameritech plan
- Abstracts: Now playing in limited release: Internet, the next generation. Show me the mummy! Internet offers a home to archeology