WCOM Message Board - Msg: 5862129

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WCOM

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Anthony Wong who wrote (3345)	9/28/1998 6:22:00 PM
From: Anthony Wong	Read Replies (1) of 11568

Monday September 28, 5:33 pm Eastern Time Telecom-Qwest Washington The ruling was a victory for leading long distance carriers, like AT&T Corp.(NYSE:T - news) and MCI WorldCom Inc.(Nasdaq:WCOM - news), that had filed lawsuits to block the marketing deals announced in May. The courts referred the issue to the FCC. The Bells have been continually thwarted in their attempts to crack the $90 billion long distance market. Under the telecom act, the companies may not offer long distance services directly until they open their local networks to competitors but so far the FCC has rejected all four Bell applications. US West and Ameritech, which is being acquired by SBC Communications Inc.(NYSE:SBC - news), maintained they were permitted under the 1996 act to market long distance service provided by an unaffiliated company like Qwest. The Qwest deals were temporarily suspended in June pending the FCC's final assessment. Over 130,000 US West customers signed up for the 10 cents per minute Qwest deal in the three weeks it was offered before being suspended.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next