With the new AT&T Inc., and the merger of Verizon Communications Inc. and MCI, life after the megamergers will look a little different for those of us in the telecommunications industry.
Size matters. Synergy is important. Eliminating a competitor is strategic. Filling networks is imperative, said Dick Jalkut, president and CEO of TelePacific Communications.
In his industry address today, Jalkut, who also is the former CEO of NYNEX (now Verizon Communications Inc.) will offer his view of the changing market, consolidation and regulation as well as how they will impact the indirect sales channel.
In the midst of these megamergers and the FCCs UNE-P ruling back in 05, the FCC essentially abandoned the CLEC model as the engine of telecom competition, said Jalkut. The FCC has sent a clear signal that the regulatory momentum has swung back to the RBOCs for rules and pricing.
Jalkut will discuss how those changes impact the agent community, including how and why businesses will triumph or suffer defeat.