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Technology Stocks : AUTOHOME, Inc
ATHM 22.31-3.1%11:21 AM EST
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To: ahhaha who wrote (3043)11/2/1998 5:50:00 AM
From: Robert Scott  Read Replies (1) of 29970
 
"You can't maintain the separation of telephony local and long on the fiber network. Voice messaging can be made indistinguishable from text messaging within the transfer power of cable. ATT could become a local and long communications company in violation of the FCC's ruling."

Now I'm confused. The telecom act mandated competition. The problem all along has been that the RBOC's have not opened up their markets and as such have been prevented from offering long distance service. Their is no restriction on the Interexchange carriers (long distance carriers) from entering local service market because there is competition in long distance. Problem is the other way around. I can see no reason why the FCC would block the ATT/TCI merger because of ATHM. There is no requirement that a long distance carrier must build a local network. ATT bought Teleport; WCOM bought MFS - both of whom provide local access to businesses. The RBOC's are screaming because they want to hold up competition in local access until they can position themselves properly - which is never going to happen. They are the ones who are depriving all of us of reasonable rates for local access. They are the ones who have put up every possible roadblock to meaningful competition. The FCC may see this and welcome an entrant that can force them to start competing. We've been under the act for nearly 3 years and nothing has happened except the RBOC's are merging - what a disgrace - I can't wait to dump Bell Atlantic.
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