The Unauthorized Bio of the Baby
Bells Book I Info-Scandal: Highway
To Nowhere. The Story Of The Bells' Failed Broadband
Deployments. By 2000, almost half of America was
supposed to be rewired with a fiber-optic wire into your
home and office at speeds 100-500 times faster than DSL.
Essentially, the Bell companies made commitments in the
press, annual reports, etc that if there were granted state
"deregulation', which would give the Bell companies extra
profits, they would use those profits to create these new
networks. And by 2002, the Bells collected an estimated $70
billion dollars in failed deployments and tax write-offs.
(Note; The differences in the amount from the book and the
reports is based on which year is being used as the
baseline.) Today, there are no fiber-optic
broadband services as promised. In 1998, while I realized that the
Bells couldn't fulfill their plans, by 2002 it's obvious
that with only a few exceptions, they are not even going to
be held accountable for their statements or agreements.
There are those who argue that the original fiber plans were
for 500 channels of cable-like services. However, various
filings also included online (now Internet and Web)
services, remote medical diagnostics and perfectly clear
video-conferencing. We also need to smirk at all those who
wrote us nasty letters because we said that the Internet was
--- Evolution, not revolution. Having written a research
report called "Internot", in 1995, which outlined how this
was just another Tech bubble, our analysis in the book
proved that the major analysts were wrong. FCC filings on this
topic: IN THE BOOK: Info-Scandal is
one of the primary themes of the book. Chapters
1, 2, 3, 4
and 5 details the Bells promises, Chapters 22 clearly
outlines the incentives that were granted while Chapters 27,
28, and 29 explain our position on Bell overcharging,
related to Info-Scandal. Chapters 46, 45, and 48 outline
investigations the FCC should be undertaking. Book II --- History &
Strategies: Shareholders First, Customers Last. The History
Of The Baby Bells And Their Shift From Away From Serving
Customers. Book II tells how AT&T, once the
largest company in the USA, that had controlled both local
and long distance services, was broken into seven regional
holding companies. Unfortunately, each company wanted to
become an International conglomerate, so they all shifted
priorities by placing the shareholder and profits before
local customer needs. From the excessive lobbying and a
concentration on the removal of all regulation, to massive
staff cuts and lack of new construction, or the moving of
funds for International and non-Bell investments, the
Holding company has put the customer in the back
seat. Since the publication of the book
there have been mergers and name changes, so tracking the
players can get complicated. For example, NYNEX was bought
by Bell Atlantic and then the two combined companies merged
with GTE and became Verizon. In a special chapter titled "Liar,
Liar: Baby Bell's Pants on Fire", we focused on the Bell
statements and actions that were "deceitful", or
"misleading". There have been so many cases that to list
them all would take a new book. Statements made as comments
in the press reveal each day the Bell companies are
violating truth in commercial speech laws. Other Sources Book III Show Me The Money: Bell
Revenues, Expenditures And Profits. New Networks Institute has been
continuing to update this information in annual
reports. Other Sources: Book IV The Regulators and The
Laws. From the FCC to the Telecom Act. ---Competition
101 As we pointed out in the book
"telecommunications laws of the land have been built more
through campaign financing than the Public Interest." And at
the time we also pointed out that the Bells were, in fact,
repeating their anti-competitive behavior that had started
with early local phone service competition as well as
competition in the voicemail industry, with harming the
newer providers of Internet services and data
competitors. Since the books publication,
unfortunately the situation in 2002 is clearly continuing a
downward spiral. For example, anyone reading this most
likely knows about the crash of the Tech and Telecom sector
and has heard of the hundreds of competitors that have gone
our of business. And today, less than 7% of phonelines are
competitive and almost all of these still use some part of
the Bells networks. Also, the new laws being proposed
by the FCC and Congress are more like putting the nail on
the coffin than helping competitors by enforcing the
laws. On the FCC side, the current FCC
Commission under Michael Powell has been a do-nothing group
who are proposing a series of very bad regulations that will
block broadband competition. On the competition side New Networks Institute has been
conducting surveys of Internet Providers since
1999. FCC Filings on this
Topic: Other Sources: Congressional Next Steps: Book V Overcharging by the Numbers:
Do the Math. Overcharging is in the Eye of the Beholder or
Just Better Lawyers This section lays out overcharging
claims as told by numerous sources as well as our own
analysis, using excess profits from the state Alternate
Regulation plans. In reviewing the current plans, it is
clear that our analysis continues to be correct and that the
Bell companies profits from the local subscriber
continues to grow. In updates for Section One you can find
numerous cases of Alternate Regulations that have been
created to deploy fiber-optic based services and
which backfired, costing customers hundreds of dollars per
customer. Other Sources: Book VI Overcharging on Your
Phonebill and How to Save Money. As we stated in the book, believe it
or not, no regulator looks at the profits of the entire
telephone bill. This disturbing fact becomes clear when you
compare the profits of the local phone companies to the
revenues generated from local phone subscribers. And as we
wrote in the book, each part of the phonebill tells a
disturbing tale. FCC Filings on Phonebill
Issues: Book VII Customers And Conclusions.
What's Broken In Telecom And Why You're Owed
Money. First, join Teletruth.
http://www.teletruth.org Its free and if you have gotten
this far in the book or even these updates, it should be
obvious that the situation in telecommunication is still
deplorable and what we predicted has almost all come
true. Customers still have no idea about
their phonebills, prices have increased even though the two
major expenses, construction expenditures and staffing has
been dramatically cut. The Fiber-optic future still does not
exist, and theres virtually no competition for phone
service in the US. The mergers were a joke, helping only the
executives stock options and the Bells entry into long
distance, which was supposed to be done after there was
competition and prices for local phone services came down,
is now being done because of bad FCC policy. Worse, the entire competitive market
has collapsed (as predicted) and we are left with a
situation that is worse off then when the book was
penned. At New Networks Institutes first
press conference in 1992, it was clear then that the Bell
companies should be separated from the wiring that goes into
customers homes because the Bells would never allow a
level playing field for competition. And the only thing that
is going to change this environment is for customers to make
a stand and say --- enough is enough. It may be time to finish the job that
was started with the break up of AT&T and instead of
creating new local monopolies, the country should start by
Divestiture II Breaking up the Bell companies. This
idea has, over the last five years gotten some traction, and
in fact, Senator Hollings proposed a bill to do just
that.
While the Bell companies have continually pleaded poverty,
anyone examining the Bell companies annual reports
knows that they have been and continue to be some of the
richest companies in America. These riches are NOT from all
of the other businesses, but directly from customers --- the
pennies, nickels, dimes, and quarters that these companies
get from local phone service. In fact, the Bell companies
have continued to cut staff and construction
budgets.
http://www.newnetworks.com/prispsurvey2001.htm
In the Unauthorized bio we only touched on how the
Telecom Act was created via campaign-financing. It is now
clear that the situation is a great deal more insidious.
There are hundreds of bills related to telecommunications
and broadband, but in some of these, there is a clear bias
toward helping the monopolies over customers.