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To: Anthony Wong who wrote (3921)2/9/1999 10:32:00 PM
From: Paul Reuben  Read Replies (2) | Respond to of 11568
 
Excellent post, Anthony!

Best of luck to all tomorrow morning.




To: Anthony Wong who wrote (3921)2/10/1999 11:32:00 PM
From: Anthony Wong  Respond to of 11568
 
US West Thwarted MCI Unit, Rivals, Washington Regulators Rule

Bloomberg News
February 10, 1999, 6:16 p.m. ET

US West Thwarted MCI Unit, Rivals, Washington Regulators Rule

Olympia, Washington, Feb. 10 (Bloomberg) -- US West Inc.,
the sixth-largest U.S. local phone company, thwarted a unit of
MCI WorldCom Inc. from offering local phone service and must
remove barriers so rivals can more easily compete, Washington
state regulators said.

MCI Metro, a subsidiary of the No. 2 U.S. long-distance
company, complained to the Washington Utilities and
Transportation Commission in June 1997 that US West was
preventing competitors from entering local markets in the state.

In a blow to US West, the commission agreed that the company
violated state law and ordered the company to take steps
requested by the MCI WorldCom unit, including providing status
reports of customer-service requests. The commission didn't fine
US West, though it signaled penalties were possible if the
company doesn't meet the requirements.

''In agreeing with MCI WorldCom on all counts, the WUTC has
exposed US West's deliberate policy of blocking competition,''
said Bill Levis, an MCI WorldCom spokesman.

US West has 10 days to ask the commission to reconsider its
ruling, or it could appeal the order in court.

The Denver-based company may appeal because it doesn't
believe it broke any laws, said spokesman Mark Reynolds. Also,
''we believe we comply with many of the requirements'' MCI Metro
requested.

The dispute arose when the MCI WorldCom unit charged that US
West wasn't meeting the terms of a so-called interconnection
agreement between the two companies. That contract allows MCI
Metro to access US West local networks and provide local phone
service in the state.

Today's ruling wasn't all negative for US West, Reynolds
said. The commission rejected MCI Metro's call for up to $17.5
million in fines, and didn't find that US West's policy was
''willful and intentional misconduct,'' he said.

Still, WUTC Chairman Anne Levinson, in a separate opinion,
took a stronger stance. ''US West's behavior suggests it may be
the company's corporate choice to operate its business in a way
to impede the development of competition by both active and
passive means,'' Levinson wrote.

US West shares fell 3/8 to close at 61 1/2. Shares of
Jackson, Mississippi-based MCI WorldCom fell 1/2 to 76 1/4.

The largest regional local phone companies are required by
state and federal laws to open their networks to rivals, as part
of a broad effort to spur competition for local phone service.

--Alan M. Wolf in Washington (202) 624-1880/pkc



To: Anthony Wong who wrote (3921)2/10/1999 11:37:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 11568
 
02/10 03:50 PRESS DIGEST - Denmark - Feb 10

COPENHAGEN, Feb 10 (Reuters) - Here are the highlights of stories in the
Danish press on Wednesday. Reuters has not verified these stories and
does not vouch for their accuracy.

BERLINGSKE TIDENDE

--The United States' second biggest telecoms group
MCIWorldCom<WCOM.O>has set up in the Danish market and plans to
go for a 10 percent market share within five years.

moneynet.com@NEWS-P2&Index=2&HeadlineURL=../News/NewsHeadlines.asp&DISABLE_FORM=&NAVSVC=News\Company