Changing markets forces Baby Bells to clean house; companies shuffle management and reorganize operations to keep up

Article Abstract:

The seven Bell Regional Holding Companies (RBOCs), whose combined revenues neared $80 billion in 1991, are streamlining operations in response to changes in the market that include increased competition and a rapidly developing technology. A number of smaller competitors are already challenging the Baby Bells in the lucrative $20 billion business of connecting big business customers and long-distance carriers to local telephone service. Analysts suggest that the somewhat complacent RBOCs will have to change in order to weather the assault. To reduce costs, as many as 40 top RBOC executives have resigned or retired early, and the companies are using seminars and training programs to increase the competitiveness of their managers. The Baby Bells are also adopting involuntary personnel cuts to further trim management, and some have taken the uncharacteristic step of hiring outsiders for strategic guidance and marketing expertise.

Regional Bell Operating Companies, Cost control, Outlook, Market Analysis, Competition, Cost Reduction, Reorganization, Bell Regional Holding Companies, Work Force Reduction

---

Pacific Telesis studies spinoff of phone units; firm irked by curbs imposed by '82 consent decree; first-quarter net rose

Article Abstract:

Pacific Telesis Group initiates a study of the effects that the 1982 Bell System divestiture has had on the telecommunications service company. Pacific Telesis is considering the selloff of its Pacific Bell and Nevada Bell subsidiaries. Board members, managers and advisers are to decide if such an action would enable shareowners, customers and employees to steer the companies in directions with more opportunities. The company cites government regulation of long-distance telephone service and telephone equipment manufacturing as reasons why further divestiture may be planned. Pacific Telesis also reports a 24 percent increase in earnings for the 1st qtr of 1992 over the same period in 1991. First quarter 1992 earnings total $331 million.

Telegraph & other communications, Holding companies, not elsewhere classified, Telephone companies, Divestiture, Divestment, Industry Analysis, Strategic Planning, Study, Telephone Company, Financial Report, Pacific Telesis Group, PAC, First Quarter

---

Similar abstracts:

• Abstracts: Bill easing curb on Baby Bells clears a hurdle. Baby Bells get Senate's nod to make gear
• Abstracts: U S West and Time Warner to form strategic alliance: Baby Bell to pay $2.5 billion for stake and a partner in technology footrace
• Abstracts: U.S. computer makers increase efforts to win Japanese government contracts. Japan pursues LCD screens with passion
• Abstracts: Intel is slashing prices by 58% on some chips. Intel Corp.'s patent-infringement claim against Cyrix is thrown out in Texas
• Abstracts: Dialing for free: thanks to hackers, cellular phone firms now face crime wave; an altered computer chip is permitting easy access to networks nationwide: Mr. Sutton's key omission. part 2

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.