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Books > Business & Economics > Industry & industrial studies > Media, information & communication industries > Postal & telecommunications industries
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After the Breakup - U.S. Telecommunications in a More Competitive Era (Paperback, New)
Loot Price: R694
Discovery Miles 6 940
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After the Breakup - U.S. Telecommunications in a More Competitive Era (Paperback, New)
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"The U.S. telecommunications industry has undergone dramatic
changes in recent years that have touched almost every American
home and business. The average American can dial almost anywhere in
the world directly, store and forward a message, or transmit a fax
in less than a minute; often for less than the real cost of a
500-mile telephone call tweny-five years ago. The combination of
telecommunications breakthroughs, competition among new and old
carriers, and the AT&T breakup has transformed the telephone
industry and provided customers with a new array of equipment and
services. Robert W. Crandall examines the effects of the AT&T
breakup and weighs the costs and benefits to the residential and
business consumer. On balance, he finds that the efficiency gains
from opening up the telephone industry have more than offset the
possible efficiency losses, which may be caused by the sacrifice of
economies of scale and scope or the absence of fully compatible
equipment and services. The replacement of regulation with
competition has led to greater productivity in the telephone
industry, a more efficient rate structure, and lower equipment
prices. Crandall traces the telecommunications evolution from its
early beginnings as pairs of copper wires up through the historic
1982 decision to divest. He investigates the impact of
technological changes, competition, and the advent of divestiture
on the quality of service, local and interexchange service rates,
productive efficiency, and income distribution. He also focuses on
problems that linger after the breakup in the increasingly
competitive but highly regulated sector. "
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