Download or read book After the Breakup written by Barry G. Cole and published by Columbia University Press. This book was released on 1991 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: On January 8, 1982, the AT&T divestiture consent decree was announced. A company with $150 billion in assets--more than General Motors, General Electric, U.S. Steel, Eastman Kodak, and Xerox combined--the country's second largest employer with over a million employees, and the nations most widely held security with over three million shareholders, was to be broken up on the first day of 1984. Many economists, government officials, people in the telecommunications industry, and media observers predicted dire consequences for "the best telephone system in the world." Years later, some experts claim the divestiture has been a great success. According to present AT&T Chairman and CEO, Robert Allen, long-distance rates have dropped, local rates have not increased as dramatically as predicted, more households are on the network, other long-distance and equipment companies now effectively compete wit hAT&T, and consumers have received more choices in products, better values, and lower prices. Others are far less positive in their evaluation of divestiture's effects. After the Breakup: Assessing the New Post-AT&T Divestiture Era describes the current state of telecommunications and how the industry has changed in the first decade of divestiture. Drawn from a major project organized by the Center for Telecommunications and Information Studies at Columbia University's Graduate School of Business, this volume offers an objective account of divestiture.

Download or read book After the Breakup written by Robert W. Crandall and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. telecommunications industry has undergone dramatic changes in recent years that have touched almost every American home and business. The average American can dial almost anywhere in the world directly, store and forward a message, or transmit a fax in less than a minute; often for less than the real cost of a 500-mile telephone call tweny-five years ago. The combination of telecommunications breakthroughs, competition among new and old carriers, and the AT&T breakup has transformed the telephone industry and provided customers with a new array of equipment and services. Robert W. Crandall examines the effects of the AT&T breakup and weighs the costs and benefits to the residential and business consumer. On balance, he finds that the efficiency gains from opening up the telephone industry have more than offset the possible efficiency losses, which may be caused by the sacrifice of economies of scale and scope or the absence of fully compatible equipment and services. The replacement of regulation with competition has led to greater productivity in the telephone industry, a more efficient rate structure, and lower equipment prices. Crandall traces the telecommunications evolution from its early beginnings as pairs of copper wires up through the historic 1982 decision to divest. He investigates the impact of technological changes, competition, and the advent of divestiture on the quality of service, local and interexchange service rates, productive efficiency, and income distribution. He also focuses on problems that linger after the breakup in the increasingly competitive but highly regulated sector.

Download or read book Telecommunications in the Post divestiture Era written by Albert L. Danielsen and published by Free Press. This book was released on 1986 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Teleconsumers and the Future written by Samuel A. Simon and published by . This book was released on 1983 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The New Telecommunications Era After the AT T Divestiture written by and published by . This book was released on 1985 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Telecommunications Act of 1996 The Costs of Managed Competition written by Dale E. Lehman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Telecommunications Act of 1996 envisioned a competitive free-for-all in the U.S. telecommunications industry with removal of barriers to entry in local telecommunications markets and the lifting of the artificial restrictions that kept the Regional Bell Operating Companies (RBOCs) out of the interLATA long-distance market. After close to 5 years, only one RBOC has been granted permission (controversially) to enter the interLATA market, and local competition has yet to provide most consumers with meaningful choices. In addition, the wave of mergers across the industry has raised the specter of putting the former Bell System back together again. Policymakers now openly question whether the Act can deliver what it promised. Three principal themes are developed in this book. First, there has been a coordination failure between Congress and the FCC in translating the principles embodied in the Act into practice. The authors provide evidence for this by analyzing stock market reactions to legislative and regulatory actions. This coordination failure was largely predictable, given the ambiguity in the Act, as well as conflicting jurisdictions between the FCC and the states. Second, the Act calls for wholesale prices to be `based on cost.' Regulators adopted a costing standard (TELRIC) that provides a means to subsidize competitive entry in local telephone service markets. The ready adoption of the TELRIC standard by regulators is shown to be tied to the third theme: price cap regulation provides regulators with `insurance' against the adverse effects of competition in local telephone markets. Statistical analysis reveals that regulators in price cap states set uniformly lower unbundled network element prices (lower barriers to entry) in comparison with regulators in rate-of-return and earnings sharing states. The result is a triumph of regulatory processes over market processes - the antithesis of the purpose of the Act.

Download or read book Communications Law and Practice written by Stuart N. Brotman and published by Law Journal Press. This book was released on with total page 1054 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Competition and the Regulation of Utilities written by Michael A. Crew and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: companies to diversify may outweigh the costs of doing so, and that some traditional regulatory concerns may be excessively restrictive. The papers by Hillman, Harris, and Jang and Norsworthy, while all relating to individual industries, have lessons for other regulated industries. Hillman's paper, "Oil Pipeline Rates: A Case for Yardstick Regulation," deals with the important topic of yardstick regulation for oil pipelines. While his application is highly specific, the potential application of yardstick regulation goes beyond oil pipelines. He reviews the evolution in the law regulating oil pipelines. While showing that some progress has been made in introducing economic efficiency considerations into regulation, he provides a careful critique of the operation of existing regulation and suggests an alternative based upon a yardstick approach. His approach seeks to use competitive market prices as the yardstick, with administration of price discrimination limited to dealing with possible "favoritism" to subsidiaries and affiliates. "Telecommunications Services as a Strategic Industry: Implications for United States Public Policy" by Harris and "Productivity Growth and Technical Change in the United States Telecommunications Equipment Manufacturing Industries" by Jang and Norsworthy provide important insights for telecommunications.

Download or read book Shaping American Telecommunications written by Christopher Sterling and published by Routledge. This book was released on 2006-08-15 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shaping American Telecommunications examines the technical, regulatory, and economic forces that have shaped the development of American telecommunications services. This volume is both an introduction to the basic technical, economic, and regulatory principles underlying telecommunications, and a detailed account of major events that have marked development of the sector in the United States. Beginning with the introduction of the telegraph and continuing through to current developments in wireless and online services, authors Christopher H. Sterling, Phyllis W. Bernt, and Martin B.H. Weiss explain each stage of telecommunications development, examining the interplay among technical innovation, policy decisions, and regulatory developments. Offering an integrated treatment of the interplay among technology, policy, and economics as key factors defining the development of the telecommunications sector in the United States, this volume also provides: *background material to facilitate understanding of each sector; *contexts for many so-called "new" issues, problems, and trends, demonstrating origins from years or decades in the past; and *careful annotation, documentation, and reference tables to enable further research on the topics discussed. This unique multidisciplinary approach provides a balanced view of U.S. telecommunications history, in context with relevant economic, legal, social, and technical analyses. As such, it is essential reading for advanced students in telecommunications needing to understand how the telecommunications industry and service developed to its current form. The volume will also serve as a supplemental text in courses on telecommunications regulation, and it will be of value to professionals in the field seeking context and background for their daily work.

Download or read book After Divestiture written by Sam Simon and published by Hall Reference Books. This book was released on 1985 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Failure of Antitrust and Regulation to Establish Competition in Long distance Telephone Services written by Paul W. MacAvoy and published by American Enterprise Institute. This book was released on 1996 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: MacAvoy shows how antitrust and regulation have failed to make long-distance markets competitive, to the detriment of consumers seeking prices in line with the costs of providing long-distance services.

Download or read book The Politics of Telecommunications Regulation The States and the Divestiture of AT T written by Jeffrey E. Cohen and published by Routledge. This book was released on 2019-07-26 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1992. This text is a work from a series entitled ' Bureaucracies, Public Administration and Public Policy. The Politics of Telecommunication regulation: The States and the Divestiture of AT&T is an example of high-quality policy analysis conducted at state level. It substitutes for simple theories of public policy more complex and interesting explanations and relies on massive and time-consuming data-gathering that gives careful attention to measurement issues, providing a sophisticated empirical analysis to evaluate the utility of public policy theories.

Download or read book Designing Incentive Regulation for the Telecommunications Industry written by David E. Sappington and published by American Enterprise Institute. This book was released on 1996 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book applies new advances in economic theory regarding the asymmetry of information between firms and their regulators to the design of improved telecommunications regulation.

Download or read book Interconnecting the Network of Networks written by Eli M. Noam and published by MIT Press. This book was released on 2001-08-17 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the transformation of telecommunications from national network monopolies to a new system, the "network of networks," and the glue that holds it together, interconnection. By their very nature, monopoly-owned networks provided a small number of standardized, nationwide services. Over the past two decades, however, new forces in the world economy began to unravel this traditional system. The driving force behind the change was the shift toward an information-based economy. Especially for large organizations, the price, control, security, and reliability of telecommunications became variables requiring organized attention. Thus, monopoly began to give way to the "network of networks," the foundation of today's telecommunications and Internet infrastructure. Taking a broad, multidisciplinary perspective Eli Noam discusses the importance and history of interconnection policy, as well as recent policy reforms both within the United States and around the globe. Other important topics he discusses include interconnection prices, the unbundling of interconnection, and the technology of interconnection. He concludes with an examination of social and policy issues, including the free flow of content, universal service and privacy protection, and the future of telecommunications.

Download or read book Media Knowledge written by James Schwoch and published by State University of New York Press. This book was released on 1992-03-02 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book calls for a way of reading and responding to the media culture that is more than passive reception. It argues for the fostering of critical citizenship as the key to engaging, debating, and ultimately reconstructing the concepts and beliefs society brings to bear upon popular culture. The authors analyze contemporary media culture, including television news and dramatic programming, advertising, Hollywood film, and discuss the relationships between technology, culture, and society.

Download or read book Parallel Politics written by Samuel Kernell and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: While much has been written about economic competition between the United States and Japan, it is easy to lose sight of the fact that their relationship is founded essentially on each sides' domestic political concerns. Many critics have concluded that to gain a new equilibrium in relations, the two counties must develop a sophisticated appreciation of each other's political dynamics. Because budgets, taxes and macroeconomic policy are so central to activities of both governments, this book, by Japanese and American experts, focuses on the role of political institutions in formulating economic policy. Despite the differences in the two counties political systems—one-party/parliamentary versus two-party/presidential—there are striking similarities in the way politics is transacted in Japan and the United States. In particular, politicians in both countries are motivated primarily by the desire to serve local constituencies, which leads to overly parochial public policies. Combining case studies and discussions, the contributors provide an overview of the Japanese and American political systems, particularly those aspects that are most relevant to economic policymaking. In addition, they offer a comparative analysis of the politics of budgeting, tax reform, and structural policies

Download or read book U S Telecommunications Services in Europe written by and published by DIANE Publishing. This book was released on 1993-12 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers: technological trends and issues; the European market for telecom services; European activities and strategies of U.S. telecom firms; users' perspectives--views of U.S. services exporters; telecom in Central and Eastern Europe; domestic regulation and international trade negotiations; how telecom policy is made; international investment and domestic infrastructure, and more. Graphs, diagrams and drawings.