Bandwidth : About the teleco shakeout and the next generation of IP networks.
Updated: 7/19/2002; 9:35:31 AM.

 



TOWARD THE FOUNDERS' GOALS:

NEWS:

RESOURCES:

WEBLOGS:

GOOD DESIGN:

BOOKS:

WIRELESS:

BANDWIDTH:

QUALITY:

INVESTING:

Subscribe to "Bandwidth" in Radio UserLand.

Click to see the XML version of this web page.

Click here to send an email to the editor of this weblog.

 
 

Friday, July 05, 2002


AN INDUSTRY WITH A SHORT MEMORY & LITTLE CONSCIENCE
The telecom industry

SBC Pacific Bell Is Fined $27 Million [Wall Street Journal]

Remember "slamming" - the tactic of switching your long distance carrier without your approval. How about absurd long distance rates? Have you ever received a call from your current long distance provider simply letting you know that your next phone calls will be at a new, lower rate? Of course not.

There's an old quote in some of Warren Buffett's writing that says, "you never know who is swimming naked until the tide goes out." With the Internet bubble now a memory and telecom players failing right and left, it's no wonder that Qwest is being investigated, Worldcom's executives will be on Capitol Hill Monday and SBC is paying a fine.

We may be looking at an industry that is as short on integrity across the board as many that I've seen over the years!

3:22:08 PM     Comments[]


WARREN BUFFETT HAS SAID,

"Price is what you pay, value is what you get." Jonas looks like he's got a value number in mind and is trying to name his price before a fire sale is necessary.

IDT Chairman Howard Jonas outlined a $5 billion plan to purchase part of WorldCom's unit serving business customers. IDT has submitted a written offer for the assets; WorldCom hasn't commented on the bid. [Wall Street Journal]

2:24:20 PM     Comments[]


© Copyright 2002 Steve Pilgrim.



Click here to visit the Radio UserLand website.

 


July 2002
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      
Jun   Aug

Powered by PicoSearch
jenett.radio.randomizer - click to visit a random Radio weblog - for
information, contact randomizer@coolstop.com

View Posts by Category:
Audio
Australia
Ballet
Bandwidth
Books
Business Improvement
Career Help
Critical Thinking
Design
Energy
Faith
Leading IT
Memphis
Photography
Quality
Radio
Value Investing
Weblogs
Wireless
Writing