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This article is very interesting in that it implies that the Illinois legislature is informing its own Utility Commisssion to disregard TELRIC pricing
From: Dave Farber <dave () farber net>
Date: Mon, 12 May 2003 13:10:40 -0400
------ Forwarded Message From: Robert Lee <robertslee () comcast net> Date: Mon, 12 May 2003 12:55:52 -0400 To: robertslee () comcast net Subject: This article is very interesting in that it implies that the Illinois legislature is informing its own Utility Commisssion to disregard TELRIC pricing which has been tested in federal court all the way up to the Supreme Court. The phrase the piece uses is REAL-WORLD (my caps). TELRIC is NOT "real-world". It is a theoretical price for a modern efficiently run network. Another interesting piece to this is that the payola/decision ratios I have observed in the past are present here. It takes about twice the money from the Bells to buy a vote as it takes the CLECs. === SECTOR(TLS): SBC Higher After Illinois Passes Bill [delayed] Ridgeland, MS, MAY 12, 2003 (EventX/Knobias.com via COMTEX) -- Fixed Line Communications stocks are showing strength today, after Illinois Gov. Rod Blagojevich signed Senate Bill 885 into law on Friday. The new law directs the Illinois Commerce Commission to use REAL-WORLD calculations in determining the price that SBC Illinois' competitors will pay to lease the company's services. This bill gives SBC Communications greater control over the local phone market, nearly doubling the rate SBC can charge phone competitors such as AT&T and MCI to lease its lines. Critics complained that forcing up wholesale rates would translate into higher phone bills for consumers and businesses--and possibly drive SBC's competitors for local service out of the market. According to an Associated Press story, SBC donated almost $569,000 to Illinois candidates last year, including $85,000 to Blagojevich and $100,000 to his inaugural committee. AT&T donated $449,000 to Illinois candidates last year, including $47,500 to Blagojevich, according to the Illinois Campaign for Political Reform. MCI gave $151,700 in all and $12,650 to Blagojevich. AT&T (T), which is down 1.88% so far today, commented on the Bill. Mike Tye, AT&T regional vice president of Law and Government Affairs, said: "We're very disappointed with the Illinois General Assembly's passage of this legislation, which is a devastating blow to the development of local phone competition and is bad news for Illinois consumers and small businesses, who were just beginning to enjoy the benefits of competition. This SBC-engineered legislation was rammed through the Illinois General Assembly with little genuine debate or consideration precisely because it is designed to destroy local competition and eliminate the benefits competition has brought to Illinois consumers. If competition is eliminated, Illinois customers will experience a return to the dreadful service and high prices that plagued them just several years ago when they were at the mercy of SBC Ameritech." Robert Lee Encoda Office 610-397-1632 Home 610-642-9707 Cell 610-724-1288 ------ End of Forwarded Message ------------------------------------- You are subscribed as interesting-people () lists elistx com To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
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- This article is very interesting in that it implies that the Illinois legislature is informing its own Utility Commisssion to disregard TELRIC pricing Dave Farber (May 12)