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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: MikeM54321 who wrote (9725)12/14/2000 1:20:00 AM
From: elmatador  Read Replies (1) of 12823
 
The Baby Bells could be among the first winners from a Bush White House

New FCC head could ease regulation
By Richard Waters in New York
Published: December 13 2000 19:54GMT | Last Updated: December 14 2000 04:03GMT



With George W. Bush heading for the White House, certain sectors of US business are breathing a sigh of relief. The Baby Bells could be among the first winners from a Bush White House.

With big issues such as social security and education on its plate, the new administration is likely to take little interest early on in telecoms policy, says Scott Cleland, an analyst at the Precursor Group in Washington. That would leave the House in a position to set the legislative agenda and could usher through a bill that would let the local carriers into the booming long-distance data market.

Michael Powell, son of Gulf War commander Colin Powell and a Federal Communications Commission member, is widely tipped to be named chairman of the agency. Among the biggest issues he would have on his plate: whether to relax ownership rules that have limited the amount of spectrum that a US wireless company can own. Such a move would relieve the pressure on wireless carriers and could prompt mergers between the six national companies in the industry.
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