Supercarriers compete in global arena; as leading telecom providers battle for the business of multinationals, the FCC begins to establish ground rules for competition

Article Abstract:

Recent decisions by the Federal Communications Commission have begun to lay the foundation for competition among international telecommunications providers and the alliances they form. Large multinational companies long for single-source mgmt of their telecommunications needs, and three new 'supercarrier' bodies hope to meet that need. FCC orders in and around Dec 1995 apply pressure to overseas markets that remain closed to competition, let US carriers reroute various services, and ease the burden on competitors.

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The great telecom war commences; lawyers struggle over secret documents that reveal plans of industry's big players

Article Abstract:

The Telecommunications Act of 1996 relies on free market competition and antitrust law to regulate the industry. Companies have been thinking since the law's enactment that joint ventures would help them compete and even long-time rivals AT & T and MCI Telecommunications Corp have been considering such a move in the local phone market. Antitrust enforcement in the telecommunications industry will encounter First Amendment issues.

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New act likely to spawn even more M&A activity; sweeping telecom law offers opportunities for convergence in an industry already teeming with mergers and joint ventures

Article Abstract:

The Telecommunications Act of 1996 encourages more of the merger and investment activity that has swept the industry recently. Under Republican leadership in Congress it took a distinctly deregulatory turn, requiring some 80 new rulemakings from the Federal Communications Commission, some of them highly significant, in the next few years. Specific results of the new legislation for telecommunications companies are discussed.

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