The United States Telephone Association has released figures showing that the Regional Bell Operating System companies and GTE Corp have spent over $4bn opening up their networks to new entrants in the local telephone service market. The amount doesn’t include capital spent by the 1,000 other local exchange carriers. This is a major loss when you look at the revenues associated with these particular lines, said the association, which also notes that companies such as MCI Corp and MFS Communications Co Inc that have fiber into multi-purpose buildings are bypassing residential customers and only offering local telephone services to businesses. Clearly, there is significant cherry-picking going on, said the USTA. It’s time for the long distance companies to stop stalling and get on with the process of de-regulation.
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