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The British Experience.  

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The British Experience by Stewart Fist You probably think that the Americans were the first to introduce competition into their telephone networks, but that's not really so. However they were the first to privatise telcoms -- in fact, they've never had anything else. At one time there were 27,000 telephone companies in the USA, but, over time the Bell Company (later AT&T;) bought up most of the profitable urban ones, and then blackmailed the US government into giving them what amounted to monopoly rights. However, in 1983, Judge Harold Greene of the US District Court, foisted on AT&T what is called the Modification of Final Judgement (MFJ) which broke the company up into seven RBOCs (Regional Bell Operating Companies), leaving AT&T; itself as little more than a long-distance carrier. In return for being given regional monopoly rights within areas known as LATAs (Local Access Transport Areas), the RBOCs were prohibited from competing in long-distance. If...

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