Regional Telecoms Take Hit After FCC Ruling

[youtube:http://www.youtube.com/watch?v=jBzgbnbBVxM]

Reporter: David Speakman
Date: 11-18-1999

Company/Ticker/URLSBC
Company #2Bell Atlantic
Company #3GTE
Company #4BellSouth
Company #5US West
Company #6Covad
Company #7Northpoint
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Headline: Regional Telecoms Take Hit After FCC Ruling

Regional US telecoms took a hit Thursday after the Federal Communications Commission ruled they must share their phone lines with DSL competitors.

Now companies like Covad, Northpoint and Rhythms Netconnections will be able to use a home or business existing telephone lines to provide their DSL service.

Currently, subscribers to independent DSL carriers must pay for the installation of an additional DSL-only phone line.