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Underwriting the Internet
book

Underwriting the Internet

by Leslie S. Hiraoka
March 2017
Intermediate to advanced content levelIntermediate to advanced
312 pages
9h 32m
English
Routledge
Content preview from Underwriting the Internet

Chapter 9 The Telecom Crash

In 1984 the venerable Ma Bell system was split in two: AT&T's long lines and the seven geographically separated local telephone companies known as Baby Bells. The government-ordered breakup, while deregulating long-distance operations, kept the local calling areas monopolistically intact. The Federal Communications Commission also weighed in by ruling that data traffic, unlike voice communications, was not subject to access charges by the regional Bells. In doing so, data transmission over the entire telecom network of local and long lines was deregulated, spurring competitors like WorldCom to enter the business. Founded as Long Distance Discount Services (LDDS) in 1983, the tiny start-up that became WorldCom was barely ...

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Publisher Resources

ISBN: 9781315289878