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To: Anthony Wong who wrote (3830)	1/25/1999 5:23:00 PM
From: Anthony Wong	Respond to of 11568

Edward Jones' Marten on Court's FCC Decision: Analyst Comment Bloomberg News January 25, 1999, 4:13 p.m. ET St. Louis, Jan, 25 (Bloomberg) -- A comment from Mel Marten, an analyst at Edward Jones & Co. in St. Louis, on the decision by the U.S. Supreme Court saying the 1996 Telecommunications Act authorizes the U.S. Federal Communications Commission, not the states, to set the rules governing the prices and terms the regional Bell telephone companies can demand from new rivals in return for access to their networks. ''This just reaffirms the Telecommunications Act of 1996. That was intended to open the local phone markets to competition,'' said Marten. ''I think it was pretty much expected. The companies haven't reacted too much to the news. The ruling isn't as relevant as it could have been initially. AT&T and the other companies have decided the only real way to do it (offer local phone service) is to build their own networks, instead of leasing and reselling lines from the Baby Bells.'' --Jeannine DeFoe in the Princeton newsroom (609) 279-4096/vpw

To: Anthony Wong who wrote (3830)	1/25/1999 5:24:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 11568

Analyst Kagan on Supreme Court's FCC Decision: Court Comment Bloomberg News January 25, 1999, 12:35 p.m. ET Washington, Jan. 25 (Bloomberg) -- A comment by Jeffrey Kagan, an independent telecommunications industry analyst in Atlanta, on the decision by the U.S. Supreme Court saying the 1996 Telecommunications Act authorizes the U.S. Federal Communications Commission, not the states, to set the rules governing the prices and terms the regional Bell telephone companies can demand from new rivals in return for access to their networks. ''Today's ruling was a win for the FCC and the long-distance companies and a setback for the Bells and the states,'' Kagan said. ''If unchallenged by the Bells, this ruling may indeed have the effect of opening local markets faster.'' ''But don't expect the Bells to go quietly,'' he said. ''In the last three years since the telecom act was signed into law we've seen challenge after challenge. This is a very high stakes poker game and both sides are trying to deal the best hand for their side.'' --Alan M. Wolf in Washington (202) 624-1880/ah