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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (11795)	7/28/2001 8:14:49 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 12823

Mike, This proves that SBC would rather pay a small fine than expand their network and compete with the other RBOCs.

To: MikeM54321 who wrote (11795)	7/29/2001 11:30:42 AM
From: elmatador	Read Replies (1) \| Respond to of 12823

elmatador shows the way <VBG> BT is selling the cable plant. British Telecom gets £8bn local line approach On 17.07.01 I wrote: ON HIGH FIBER DIET posting 3303 on New Frank Coluccio Technology Forum: "The only solution for the situation would be the FCC to break-up the ILECs. Creating wirecos who whose assets would be the cable plant only. Form the MDF to RJ11 jack at the customers. Then they could sell to whomever needed access to the customers." Message 16085215 Today the FT says: British Telecom gets £8bn local line approach By FT.com staff Published: July 29 2001 12:48GMT \| Last Updated: July 29 2001 14:58GMT British Telecom has received an £8bn ($11.4bn) bid for its local telephone lines - otherwise known as the local loop - from a consortium led by Babcock & Brown, the US asset finance group. BT has been accused by rivals of stifling broadband uptake in the UK by not doing more to open the local loop. The bid, which also involves Chancery Lane Capital, the New York merchant bank, is being tabled through a consortium known as Earthlease. JP Morgan Chase, Deutsche Bank and UBS Warburg are providing debt and equity. The group, which said preliminary discussions had been held with BT, said it would spend about £500m a year on the roll-out of broadband services across the network. BT, which declined to comment on the approach, has handed over only 163 of its residential lines to rival operators as part of plans to throw open its local network to competition, much lower than the 600 forecast by the UK telecoms regulator. Local loop unbundling is seen as an important stimulus to creating widespread access to high-speed internet services, otherwise known as broadband, by injecting competition into the market for asymmetric digital subscriber lines. These provide broadband internet access through telephone lines and are currently provided on a wholesale basis only by BT. If the sale to the Earthlease group goes ahead, the consortium will own the lines that link homes to the phone system. BT would then pay a fixed rental fee to use the lines, with the new owner also offering them to alternative telecoms and cable companies. BT would maintain ownership of the local loop exchanges and would keep its customer and billing relationships. The local loop business employs about 35,000 people. Where is my fee? Should I give those guys the number of my bank account in the Isle of Man?