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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 209.39-0.9%Dec 30 3:59 PM EST
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To: Tech97 who wrote (1067)1/28/1998 7:08:00 PM
From: Maverick   of 1629
 
Late Tuesday, 3COM CORP CEO Eric Benhamou said he would meet
later on Tuesday with FCC chairman William Kennard to discuss
regulatory issues holding up the development of high-tech
networks. Benhamou said that, at the first meeting between the
two, he would urge the FCC to accelerate the pace of telephone
deregulation. In a speech at the ComNet conference here, Benhamou
predicted a wave of convergence that would merge telephone calls
with data and video traffic on a single network like the Internet.
The most significant challenge holding up convergence was the
"lengthy transition leading to a fully deregulated telecom
industry," he said. (Reuters 09:41 PM ET 01/27/98) For the full
text story, see
infobeat.com
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