The Not So Calm Before The Storm
The telecommunications industry is setting off on a great adventure in 1996: The forces of competition are being unleashed in all parts of the business for the first time. However, most of the year will be a profit-boosting calm before the storm--"the last good year before competition starts in earnest," says Simon W. Flannery, an analyst at J.P. Morgan Securities Inc. "The cable companies rolling out telephones, the Bells getting into cable, PCS [wireless] systems being switched on--all the things we're just guessing at at the moment will start coming into focus in '96."
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.