After the Breakup: Assessing the New Post-AT&T Divestiture Era
After the Breakup: Assessing the New Post-AT&T Divestiture Era
Marc Notes: Includes bibliographical references and index. Biographical Note: Barry G. Cole is Visiting Director of the Center for Telecommunications and Information Studies at the Columbia Business School, and Adjunct...
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Marc Notes: Preface Publisher Marketing: On January 8, 1982, the AT&T divestiture consent decree was announced. A company with $150 billion in assets--more than General Motors, General Electric, U.S. Steel, Eastman Kodak, and Xerox combined--the country's second largest employer with over a million employees, and the nations most widely held security with over three million shareholders, was to be broken up on the first day of 1984. Many economists, government officials, people in the telecommunications industry, and media observers predicted dire consequences for "the best telephone system in the world." Years later, some experts claim the divestiture has been a great success. According to present AT&T Chairman and CEO, Robert Allen, long-distance rates have dropped, local rates have not increased as dramatically as predicted, more households are on the network, other long-distance and equipment companies now effectively compete wit hAT&T, and consumers have received more choices in products, better values, and lower prices. Others are far less positive in their evaluation of divestiture's effects. After the Breakup: Assessing the New Post-AT&T Divestiture Era describes the current state of telecommunications and how the industry has changed in the first decade of divestiture. Drawn from a major project organized by the Center for Telecommunications and Information Studies at Columbia University's Graduate School of Business, this volume offers an objective account of divestiture. |
Author: Cole, Barry
Publisher: Columbia University Press
Binding: Hardcover
Pub Date: 1991-01-23
BISAC: Business & Economics|Economics|General|Technology & Engineering|Telecommunications|Business & Economics|Corporate Finance|General|Business & Economics|Industries|Media & Communications
Subjects: Telephone|United States|Telecommunication policy|Competition|American Telephone and Telegraph Company
Weight: 1.87 lbs
ISBN: 9780231073226
ASIN: -
SKU: SP-9780231073226
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