Business Services Industry
Key U.S. Senators Caution Telecom Regulators against Sweeping Changes.
Knight Ridder/Tribune Business News, January, 2003
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News
Jan. 15--Key U.S. senators cautioned federal telecommunications regulators Tuesday against dramatically changing rules governing local-phone competition and limiting state policy makers' ability to set wholesale rates.
The Senate Commerce Committee lectured and quizzed Federal Communications Commission chairman Michael K. Powell and his four colleagues for 3 1/2 hours about the agency's reported plans to ease regulations on the nation's four giant local-phone companies.
By Feb. 20th, the FCC plans to change how much of their phone networks Baby Bells such as SBC Communications Inc. must rent to rivals such as AT&T Corp. Mr. Powell has said he wants AT&T and...
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