附註:Includes bibliographical references and index.
The Great Telecom Meltdown -- Contents v -- Preface xi -- Acknowledgments xiii -- 1 Ma Bell and Her "Natural Monopoly," 1876-1969 1 -- Natural and Unnatural Monopoly 1 -- Western Union 2 -- Patent Protection 3 -- The Kingsbury Commitment 4 -- The Slow Pace of Progress 5 -- The Smith Decision and Universal Service 6 -- The Final Judgment 7 -- Hushaphone and the First Cracks in the Monopoly 7 -- The Disruptive Transistor 8 -- Endnotes 10 -- 2 The Rebirth of Competition 11 -- Carterfone Made the Network More Valuable 11 -- MCI's Shared Microwave Opened New Doors 20 -- Endnotes 25.
3 Divestiture: Equal Access and Chinese Walls 27 -- Vertical Integration 27 -- AT & T Kept Out of the Computer Industry 28 -- The Money's in Long Distance, Right? 32 -- The Centrex Revival 39 -- Digital Switching Becomes the Norm 40 -- Digitization of the Transmission Network 43 -- ISDN Fails to Make a Dent 46 -- Endnotes 53 -- 4 The Internet Boom and the Limits to Growth 57 -- The ARPAnet Was a Seminal Research Network 57 -- OSI, the Big Committee That Couldn't 62 -- Commercialization at Last 65 -- Internet Traffic Explodes as the Public Joins 69 -- ISP Pricing Creates Permanent Losses 74.
Dotcoms Create a Demand Bubble 76 -- Carrier Hotels Created Too Much Room at the Inn 80 -- The Bubble Bursts in Equipment Manufacturers' Faces 81 -- Endnotes 83 -- 5 The Deuteronomy Networks 85 -- The Short-Term Bandwidth Crunch Invited More Suppliers 86 -- Kiewit Sells MFS, Creates Level 3 88 -- Williams Sold Wiltel, Created Another One 90 -- Metromedia Sold Cellular and Long-Haul, Created MFN 91 -- XO Communications Recycles Cellular Profits 92 -- Undersea, Undersea, Under Beautiful Sea 93 -- How Much Bandwidth Was Available? 94 -- Endnotes 96.
6 Losing by Winning: Wireless License Auctions 97 -- Original License Lotteries Led to Farcical Resale 99 -- The Top Cellular Networks Grew to Profitability 100 -- Networks Go Digital 101 -- The PCS Auction Was a Success 103 -- "3G" Combined the Allure of Both Internet and Wireless 105 -- Many Large Incumbents Were Left With Huge Debt 109 -- Endnotes 109 -- 7 Competitive Access Providers, the Costly Way to Local Competition 111 -- RBOC Prices to Large Customers Were Out of Line 111 -- States Supported RBOC Monopolies More Than the FCC Did 113 -- Teleport Cracks the NYNEX Monopoly 114.
Competitors Outrace RBOCs to Provide Local Fiber-Optic Connections 115 -- The Telecom Act Opens Local Service Competition 117 -- Fixed Wireless as an Alternative to Fiber? 119 -- Hybrid Fiber-Coax (HFC) Gave Cable Providers an Advantage on "Triple Play" 122 -- Endnotes 130 -- 8 DLECs and ELECs: An Exercise in Oversupply 133 -- DSL First Failed as a Video Offering 134 -- The Telecom Act Invites Novel Use of Unbundled Loops 134 -- Capital Poisoning Led DLECs to Overexpand 136 -- Ethernet LECs Were Data CAPs 140 -- Endnotes 142 -- 9 CLECs' Winning Strategies Are Met by Rule Changes 145.
摘要:In today's telecom business environment, a thorough and accurate understanding of past mistakes goes a long way in ensuring future success. Providing you with an authoritative account of what contributed to the "Great Telecom Crash", this insightful resource explores the roots of the perfect storm that buffeted telecom and Internet companies and investors. You get a detailed insider's look at how the crash was caused by a complex combination of risk and regulatory factors in an increasingly competitive environment, originally fueled by the break up of AT & T.
