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Technology Stocks : Newbridge Networks
NN 13.69-2.5%Dec 2 3:59 PM EST

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To: Tunica Albuginea who wrote (3727)3/17/1998 10:12:00 AM
From: notredame  Read Replies (1) of 18016
 
Any comments if this will serve to prolong upgrading of networks further?

"MCCAIN INTRODUCES BILL TO ALLOW BELL COMPANIES INTO LONG DISTANCE

Senate Commerce Committee Chairman John McCain (R-AZ) Mar. 16 introduced his promised bill to free Bell companies from the Telecom Act's restrictions -- including the ban on long distance service -- within a year after enactment. In its findings, the Telecommunications Competition Act of 1998 says that "existing
regulatory devices no longer work" and that antitrust issues should be handled by the Justice Department, with the FCC confined to "the regulatory perspective."
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