ounting scandals, 93 55-56, 65-69; stock market values, 32, ADSL (asymmetrical digital subscriber lines), 42, 63-65, 73, 76, 163; wireless 112-13 communications, 27, 63, 96 Airline deregulation, 2-3, 6 Bell South, 27, 41, 96, 130-31 Air Touch, 96 "Bill and keep" strategy, 167 Allstream, 134-35 Bitstream access, European Union, 140 ALLTEL, 73 British Telecom, 143, 152, 153 AOL-Time Warner, 123-24 Broadband services: overview, 110-11, Arbitrage. See Resale 131-32; Canada, 136-37; capital Aron, Debra, 128 spending, 73; demand models, 117, 120; Asymmetrical digital subscriber lines European Union, 139-40; international (ADSL), 112-13 comparisons, 117, 129-30, 149-50, 155; AT&T: breakup, 1, 7, 8, 72-73, 78, 96; local Japan, 143; Korea, 145; market pene- services, 50; revenues, 47, 91-92; stock tration, 115-17; rate structures, 98; market values, 89 regulatory environment, 15-16, 120-29, AT&T Canada, 134-35 157-58, 169-71; technology options, AT&T Wireless, 27, 96, 106 111-15, 129-31; and Telecommuni- Automotive analogy, 123, 125-26 cations Act, 29-30. See also Digital subscriber lines (DSL) Bankruptcies, 18, 46 Broadwing (Cincinnati Bell), 73 Bell Canada, 134, 136 Budget Reconciliation Act (1993), 15,27, 96 Bell companies (incumbent): bundled pricing Burnstein, David, 128 plans, 72, 74-75; capacity for growth, 76-77; capital spending, 18, 29, 69-72, Cable-based services: Canada, 136-37; 127, 173-78; divestiture restrictions, 8, convergence trends, 158-59; European 13-14, 60-61, 125; long-distance services, Union, 140; international comparisons, Index 149; Japan, 143; long-distance, 67-68; Covad, 127 regulatory environment, 29-30, 66-67, Cox, 67-68 121-25, 157-58, 165; revenues, 47, 160-61; stock market values, 161-63; Denmark, 140, 148, 149 subscriber statistics, 37, 47, 115, 136, 158; Deregulation era: overview, 2-6, 23-24, technology options, 66-67, 113-14; and 29-30, 156-58; phase-down opportuni- Telecommunications Act, 15-16 ties, 168-69; protectionism possibilities, Cable & Wireless, 143 163-65. See also specific