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Technology Stocks : Nortel Networks (NT)

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To: The Phoenix who wrote (6658)9/4/2000 1:16:55 PM
From: telecomguy  Read Replies (2) of 14638
 
Gary, just got back from Europe (vacation) & say your post on free Long Distance gimmick launched by AT&T.

"AT&T Corp. plans to announce today that it will temporarily give
away local phone service in 10 U.S. markets including some parts of
the Bay Area, marking its biggest effort yet to capture a piece of the
$60 billion local telephone business.

Customers who sign up for AT&T local service between Sept. 1 and
Nov. 15 will receive free local calling through January. With some
plans, subscribers can also get free long-distance. AT&T, of Basking
Ridge, N.J., will waive most taxes and fees during the period for
customers gained during the promotion.

AT&T's latest promotion covers two dozen Bay Area communities,
where AT&T now provides phone service over its cable lines. It
doesn't include San Jose, San Francisco or Oakland, which don't
have the service."

First of all, do you really think AT&T will be giving away free long-distance service?

Secondly, I am not sure why you posted this. It seems as if you are trying to imply that NT will now be in trouble since NT was heavily involved in circuit-switched networks. You should now be very aware that NT is no longer supplying analog, circuit-switched equipment to only the TELCOS.

Thirdly, NT appears to be spearheading the development of sophisticated systems which will ALLOW the ISP's, Telcos, PTT's and ANY network service providers to DIFFERENTIATE and PRICE services accordingly.

My question to you is this..... what is the implication of this announcement by AT&T to NT and CSCO? You must have some thoughts on this issue otherwise you would not have posted this? :)
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