Betting On Mci Don T Bury The Bells Just Yet
But don’t expect the Bells to abandon their turf easily. In fact, MCI’s move may backfire. Lobbyists for the seven regional phone companies–created by the 1984 breakup of AT&T–have mounted a fierce counterattack. They want Congress to let them invade the long-distance business, and there’s legislation that would allow just that. “We think it’s dandy that MCI wants to compete with us,” says Ameritech CEO Dick Notebaert. “Just as long as we have the pleasure of doing the same to them....