We were sticking our necks out when we closed today’s front page asserting that Sprint Corp’s alliance with France Telecom and Deutsche Bundespost Telekom would be greeted by a storm of protest, but we didn’t have to wait long for first vindication: just before we closed, news came through from Reuter that AT&T Corp was […]
We were sticking our necks out when we closed today’s front page asserting that Sprint Corp’s alliance with France Telecom and Deutsche Bundespost Telekom would be greeted by a storm of protest, but we didn’t have to wait long for first vindication: just before we closed, news came through from Reuter that AT&T Corp was questioning whether the state telecommunications monopolies should be allowed to invest in Sprint when their home markets remain closed to foreign competition, and urged the US government to make approval conditional on France and Germany opening their telecommunications markets on the same terms as the US market is open to the Europeans – There’s something very wrong when telephone companies like the France Telecom and Deutsche Telekom monopolies can buy into the US telecommunications market while keeping their home markets closed tighter than a drum.
