Telebomb: The Truth Behind the $500-Billion Telecom Bust and What the Industry Must Do to Recover

Telebomb: The Truth Behind the $500-Billion Telecom Bust and What the Industry Must Do to Recover

by John Handley

Hardcover

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Overview

Telebomb: The Truth Behind the $500-Billion Telecom Bust and What the Industry Must Do to Recover by John Handley

"The business environment of the mid-1990s created a combination of easy money, newly opened markets, and uncontrolled deregulation in the telecommunications industry that caused many businesspeople–honest and dishonest–to propose, fund, and carry out ventures designed to change the way the telecommunications industry worked. Change came quickly, and with it came a corporate tangle that threatens to send the entire industry spinning out of control.

Telebomb describes the origins of the chaos and follows each of the long-term trends that originated in the mid-1990s. This thought-provoking book, written by an industry insider, draws conclusions about the ultimate winners and losers during and after the telebomb. After analyzing the effects of the Telecommunications Act of 1996, the book takes a much-needed look forward to explore how the industry must change to become more responsive to customers and more profitable for investors — and to prevent another telebomb."

Product Details

ISBN-13: 9780814408339
Publisher: AMACOM
Publication date: 07/08/2005
Pages: 256
Product dimensions: 6.32(w) x 9.26(h) x 1.02(d)
Age Range: 17 Years

About the Author

John Handley (Falls Church, VA) worked at Accenture for fifteen years and was promoted to partner in 2000. As a subject-matter expert on network issues, he worked with each of the major telecommunications carriers in North America, including: Verizon/Bell Atlantic/GTE, SBC/Ameritech, BellSouth, Qwest/USWest, AT&T, Lucent, Sprint, Bell Canada, Alltel, MCI/Worldcom, and Global Crossing.

Table of Contents

"Acknowledgments

Introduction

Chapter 1 Before and After the Breakup of AT&T

Chapter 2 Stability as the World Changed

Chapter 3 The Telecommunications Act of 1996

Chapter 4 The Second Race to Cover the United States in Optical Fiber

Chapter 5 The Big Get Bigger: The Entry of the RBOCs into the Long-Distance Market

Chapter 6 The Last Stand of the Long-Distance Companies

Chapter 7 The Rise and Fall of the Competitive Local Exchange Carriers

Chapter 8 Lost Opportunities by the Cable Companies

Chapter 9 The Crash

Chapter 10 Who Won?

Chapter 11 Likely Future Winners and Losers

Chapter 12 A Look Back and a Look Forward

Appendix A Glossary and Acronym List

Appendix B Bankrupt Telecommunications Carriers, 1988 to 2003"

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