House is expected to push for radical deregulation of telecommunications
Article Abstract:
The US House of Representatives is considering a bill that will deregulate the telecommunications industry, granting unprecedented power to radio and television owners. Observers claim House Speaker Newt Gingrich is in favor of allowing owners more control over the radio spectrum they use to broadcast. Companies would also be able to own more television stations and as many radio stations as they want. The White House is against the bill and points to the possible higher rates for cable television and the concentrating of media power in a few hands. The regional Bell companies also are interested in the bill which requires them to show they have competitors with comparable local phone service before they can offer long-distance service. Insiders claim Gingrich will remove or water down the clause before the bill comes to a vote. The Senate's recent vote to restrict Internet pornography will probably affect the House's debate.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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Panel approves telecommunications bill
Article Abstract:
The house has approved a telecommunications bill that would deregulate cable-television rates, remove obstacles to telephone competition and let single companies own TV stations that cover half the country. The House Commerce Committee bill is being praised by cable and long-distance officials, but has been attacked by regional Bell operating company representatives, which are looking to enter the long-distance market. According to the Bell companies, last-minute amendments in the bill will make this difficult. The TV-ownership amendment was hotly contested and added at the last minute to the bill. The amendment will make it easier for a company to own two TV stations in the same market. It would also allow a company to own a TV station, newspaper and cable system in the market.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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Senate, in 81 - 18 vote, clears overhaul of the nation's communications law; measure eases many rules, pleasing the lobbyists; House is the next stop
Article Abstract:
The US Senate approved a sweeping telecommunications and television bill in an overwhelming 81 to 18 vote. The bill is expected to affect nearly every telephone and television user by freeing up these industries from a number of government regulations. Long distance telephone and local service telephone providers will be able to compete in each others' markets and cable television providers will be able to escape most rate regulation. The bill will also allow telephone companies to offer video services. Lobbyists who fought for various provisions in the bill say that it will lower rates for subscribers by providing the market with greater competition. Opponents of the bill say that the bill has something in it for each of the industries but ignores the consumer.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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