Competition and chaos: U.S. telecommunications since the 1996 Telecom Act

Introduction

Opening telecom markets : the 1996 Telecommunications Act

The first eight years under the new law

Local competition under the 1996 act

Effect of the 1996 act on incumbent local companies

The death of distance and of the long-distance carriers

The rapid growth of wireless telecommunications

The broadband revolution

Telecom reform in other countries

A look back and a look forward

Appendix. estimates of Bell Company cumulative capital expenditures across states, 1996?-2003.