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Technology Stocks : Winstar Comm. (WCII)
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To: Teegir who wrote (5320)4/20/1998 5:31:00 PM
From: TheSlowLane  Read Replies (1) of 12468
 
Why is this bad news for WinStar? The way I read it, this is positioned for the residential market. WinStar bought the LMDS licenses to patch a couple of holes in their footprint, not to deliver the bulk of their services (38GHz). I think USWest knows that the RBOC's will be getting encroached by the cable/broadband companies (like US West Media Group, now known as MediaOne Group) and are reacting accordingly. MediaOne has rolled out dial tone in parts of Atlanta and LA. They will be rolling it out elsewhere ASAP.
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