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Weathering telecom’s dark and stormy night
In this interview, McKinsey adviser and former FCC chairman Reed Hundt probes the future of the telecommunications industry and discusses how companies in it are reacting to deregulation and to their current travails with high debt and sluggish revenues.
The take-away: The best way out of these difficulties, according to Hundt, is for the federal government to adopt procompetition policies that would revitalize the struggling industry.
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