Glory days: Longing for the Halcyon days of the late 1990s U.S. telecom industry? the answer may be on the home front. (Telecommunications).(Brief Article)(Industry Overview)

Buyside, March, 2002 by Chensvold, Christian M.

Flashback: It's 1999 and the U.S. telecom industry is at its zenith. No returns are too high. You sing "We're in the Money" while brushing your teeth each night.

Wouldn't it be great to go back and snatch some of those big returns again? You can, and you don't need a time machine. You just need to check out the telecom industry at home, which in many ways is like the U.S. industry of a couple of years ago.

So says Dave Barden of J.P. Morgan Chase. "The Canadian market is very interesting because it doesn't have the same level of competitive tension between long-distance and local carriers." That's because they're one and the same. Also, the level of competitive penetration in Canada's telecom services sector never really took hold as it did in the...

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