Bells ring a deregulatory tune at FCC. (Policy).(Baby Bell companies disagree with FCC ruling)
Multichannel News, September, 2002 by Hearn, Ted
Want to know why the telecom sector is flat on its back? The Baby Bell phone companies have one explanation: the Federal Communications Commission.
The Baby Bells, the four regional Bell operating companies that dominate local phone service, argue that they are being forced to sell their competitors access to their networks at below-cost rates under a formula imposed by the FCC.
Unless the formula is abolished, the Bells say, they have -- no economic incentive to invest in their networks -- a result that can't be good for them or the companies they are required to serve.
"You cannot sell your principal product at below your cost and remain in business," said Walter McCormick, president of the United States Telecom Association, which...
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