Industry Outlook -- High Technology: TELECOMMUNICATIONS

PROGNOSIS '96--TELECOMMUNICATIONS

Positives

-- Deregulation will unleash a wave of investment and creativity.

-- Demand is booming. Long-distance usage keeps rising, and households are adding second lines in record numbers.

Negatives

-- While deregulation is in sight, state and federal agencies must work out hundreds of details first.

-- Carriers will have to spend billions of dollars to get into one another's markets.Return to top

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