BUSINESS
June 17, 2004 | James S. Granelli, Times Staff Writer
The Bush administration urged the nation's top phone regulator Wednesday to keep a lid on wholesale price increases for network lines and gear for at least a year and then gradually phase in any rate hikes. The White House called on Federal Communications Commission Chairman Michael K. Powell to use "all methods at your disposal to protect consumers and ensure appropriate competitive access to local networks," according to a letter from Michael D.
BUSINESS
May 7, 2004 | James S. Granelli, Times Staff Writer
The Baby Bell companies that control the nation's local telephone networks apparently like to keep their friends close -- and their enemies closer. Reversing their long-held disdain for the competitors that lease Bell networks and equipment to provide local phone service, some of the Bells now want to bind rivals to those facilities and prevent them from installing their own gear. The apparent about-face is infuriating regulators, people familiar with the situation said Thursday.
BUSINESS
May 4, 2004 | James S. Granelli, Times Staff Writer
State regulators on Monday proposed 21% to 25% hikes in the rates rivals pay to lease telephone lines and equipment from SBC Communications Inc., a move consumer watchdogs said would kill competition and lead to higher customer bills. The California Public Utilities Commission, under a draft by an administrative law judge, would raise the wholesale price to $16.90 for the package of lines and gear that SBC's competitors need to provide full phone service. The current price averages $13.
BUSINESS
April 29, 2004 | James S. Granelli, Times Staff Writer
AT&T Corp. will propose today that it use its own equipment to provide local telephone service across the country, part of a bid to break a deadlock over access to residential lines owned by the regional Baby Bells. The nation's largest seller of long-distance service has been locked in a bitter dispute with Bell companies such as SBC Communications Inc. over the rates the Bells charge competitors to use their networks.
BUSINESS
March 2, 2004 | From Bloomberg News
SBC Communications Inc., majority owner of Cingular Wireless, may sell telephone lines valued at about $1.5 billion to help fund Cingular's purchase of AT&T Wireless Services Inc., people familiar with the matter said. Lehman Bros. Holdings Inc. and Goldman Sachs Group Inc. were hired to seek bidders for about 500,000 lines, the people said. A sale, which would cover SBC customers mainly in rural Texas and Michigan, isn't imminent, they said. SBC and BellSouth Corp.
BUSINESS
May 30, 2003 | From Bloomberg News
Verizon Communications Inc., SBC Communications Inc. and BellSouth Corp., the three largest U.S. local-telephone carriers, said they're seeking proposals from equipment makers to replace older copper phone wires with high-speed fiber-optic lines for selling high-speed services. New York-based Verizon, the largest local-phone company, BellSouth and SBC also agreed to common technical standards to make it easier for phone-equipment makers to install the optical lines to homes and businesses.