If FCC Chairman is Defeated, Will Bells Embrace UNE-P?

It is no revelation that the Bells are likely to appeal an FCC decision tomorrow on local phone regulations if the federal agency, as widely anticipated, cedes authority to state regulators, letting them determine where and when to remove the incumbents’ obligations to lease their networks to rivals at deeply discounted rates. What remains uncertain […]

WorldCom: “We Turned Ourselves In”

In remarks that seemed crafted to exonerate executives from what could be one of the largest fraud cases in U.S. history, WorldCom Inc. ( CEO John Sidgmore said late Wednesday his own management blew the whistle. WorldCom’s auditing committee “immediately” informed independent auditor KPMG LLP ( that the No. 2 long-distance carrier had inflated earnings […]

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