Pacific Telesis: 2-headed thing

Article Abstract:

Pacific Telesis Group (Pactel) is considering dividing its highly regulated local telephone service and its largely unregulated ventures in cellular telephone operations and other services into two separate entities. A study will determine whether or not such a split would be beneficial to the company, shareholders, employees and customers. Pactel's regulated business virtually guarantees investors high dividends, but suffers from slow growth. The lightly-regulated side is high-growth business with a potential for heavy losses. Industry analysts suggest that Pactel's stock price could rise by 25 cents on the dollar if the two sides were split. Pactel has valuable cellular properties both in the US and overseas, where demand is likely to be high. The unregulated businesses would also be freed from the strictures arising from the AT&T breakup in 1984.

Holding companies, not elsewhere classified, Management, Telecommunications services industry, Telecommunications industry, Column, Growth (Physiology), Revenue, Growth, Government Regulation, Reorganization, Cellular Radio, Stock, Value, Pacific Telesis Group, PAC

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Cuba sharply reduces its overseas phone links

Article Abstract:

In the aftermath of Hurricane Andrew which devastated Florida, the home of hundreds of thousands of Cuban emigres, Cuba has imposed further limitations on the number of overseas telephone calls it will allow into the country. The Cuban government has informed AT&T, the major supplier of international telephone service to the country, that it will accept only calls routed through Italy. Because of the damage to its facilities, AT&T has been rerouting calls to Cuba through UK, Canada, Spain and Italy. The calls are beamed via satellite to Cuba. The new restriction also includes a total ban on telex and other printed communications. Cuba's decision affects mainly the Cuban immigrant community in the US where about 1,400 daily calls to Cuba emanate. It is expected that less than 500 calls will be completed with the new restriction.

Electronic computers, Services, Telephone companies, Telecommunications systems, Long distance telephone services, Cuba, American Telephone and Telegraph Co., Telephone systems, International communication, Telephone System, Telephone Company, Long-Distance Telephone Service, International Communications, Long-Distance Telephone Services

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