that I hope you will enjoy
Here with the first two paragraphs -
Capitalism in the United States in the 21st century has not moved
forward with the rest of the world. We are still embedded in the post
World War II mindset of America as the great economic power at the
peak of the industrial age. While many of our giant corporations are
shrinking in size, in 2005 in American telecom there were two major
exceptions to a trend in the technology area of downsizing driven by
increasing commoditization as companies try to become more nimble in
order to compete in a globalized economy.
The two largest local phone companies swallowed the two largest
American carriers. SBC merged with ATT and became the “new” ATT and
Verizon took over MCI. Motivated they claimed by the goal of
economies of scale, CEOs Whittacre and Seidenberg asserted that they
could eliminate duplicative infrastructure and save money. What they
did not explain was the cost of adding more debt to their core
business and the expense of merging two huge and complex
organizations with complex billing systems. They also ignored
increasing enterprise customer anxiety as sources of redundant
network infrastructure vanished. Some observers speculated that the
real reasons for the mergers were the acquisition MCI and ATTs global
IP backbone’s free traffic interconnection with the other major
global players. In an increasingly all IP world, these resources had
the potential to enable more cost-effective competition in the
efforts of what some began to call Bell East and Bell West’s efforts
to provide television over their IP networks efforts to compete with
the MSO's cable modem service that will very likely fail.
you mat read the entire essay at
http://www.cookreport.com/14.11.shtml
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decline and end LEC Mercantilism at: http://cookreport.com/14.11.shtml
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