On January 8, 1982, the AT&T divestiture consent decree was announced. A company with $150 billion in assets--more than General Motors, General Electric, U.S. Steel, Eastman Kodak, and Xerox combined--the country's second largest employer with over a million employees, and the nations most widely held security with over three million shareholders, was to be broken up on the first day of 1984. Many economists, government officials, people in the telecommunications industry, and media observers predicted dire consequences for "the best telephone system in the world."
Years later, some experts claim the divestiture has been a great success. According to present AT&T Chairman and CEO, Robert Allen, long-distance rates have dropped, local rates have not increased as dramatically as predicted, more households are on the network, other long-distance and equipment companies now effectively compete wit hAT&T, and consumers have received more choices in products, better values, and lower prices. Others are far less positive in their evaluation of divestiture's effects.
After the Breakup: Assessing the New Post-AT&T Divestiture Era describes the current state of telecommunications and how the industry has changed in the first decade of divestiture. Drawn from a major project organized by the Center for Telecommunications and Information Studies at Columbia University's Graduate School of Business, this volume offers an objective account of divestiture.
[After the Breakup] represents the best source of information, by top experts, reviewing the events in U.S. telecommunications during the 1980s... It is, by definition, an important volume. Anyone interested in this field... will have to read this book. -- Paul Teske, State University of New York, Stony Brook
For Ages: 22+ years old
Number Of Pages: 480
Published: 23rd January 1991
Publisher: Columbia University Press
Country of Publication: US
Dimensions (cm): 22.9 x 15.2 x 3.81
Weight (kg): 0.85