Tauzin-Dingell Is Evil Homepage
The Bells Harmed the Competitive Industry.
The Competitive local companies are on life-support. Thousands of companies, from the competitive local phone companies (CLECs) or the Internet Service Providers (ISP) are having financial difficulties staying afloat and delivering quality service. While Bell funded research would like America to believe that the problems are all being caused by bad business plans, the reality is that the Bell companies have been harming competition through numerous means --- everything from supply sub-standard customer services to outright selling of customers. To read some of the evidence see:
http://www.newnetworks.com/clecharm.htm
More to the point, the chart below is a collection of the public CLECs. Notice that the average company's value has dropped almost 80% and the industry has lost approximately $130 billion dollars in value.
:
Company Market Cap 52 Week Ticker ($M) Change Symbol
(source: ALTS)
Adelphia Business Solutions
$480.7 -86.30% ABIZ Advanced Radio Telecom
$89.7 -94.10% ARTT Allegiance Telecom $2,130.0 -77.50% ALGX Allied Riser $157.6 -89.50% ARCC ChoiceOne Communications
$504.7 -61.60% CWON Convergent Communications
$30.6 -89.00% CONV CoreComm Ltd. $135.0 -94.40% COMM Covad Communications
$3449 -94.90% COVD CTC Communications
$300.7 -68.00% CPTL Cypress Communications
$53.0 -95.00% CYCO DSL.net $132 -93.40% DSLN e.spire Communications
$54.8 -92.40% ESPI Electric Lightwave
$212.4 -79.70% ELIX FiberNet Telecom
Group $137.7 -75.80% FTGX Focal Communications
$932.3 -65.20% FCOM General Communications
$390.0 +16.10% GNCMA ICG** $16.0 -98.00% ICGX Intermedia $855.1 -76.00% 10% ITC^DeltaCom $427.2 -80.10% ITCD Log On America $15.1 -91.30% LOAX McLeodUSA $7,946.0 -52.40% MCLD Mpower Communications
$327.8 -85.90% MPWR Net2000 Communications
$98.5 -63.29%* NTKK Network Access
Solutions $71.0 -95.10% NASC Network Plus $324.6 -85.10% NPLS NorthPoint Communications**
$79.0 -98.00% NPNT NTELOS $269.2 -46.50% NTLO Pac-West Telecom $169.6 -83.50% PACW RCN $756.8 -86.00% RCNC Rhythms
NetConnections $94.5 -97.00% RTHM Teligent $115.4 -97.70% TGNT Time Warner Telecom
$6,713 -06.70% TWTC US LEC $228.3 -77.00% CLEC USOL Holdings $23.3 -78.90% USOL Winstar $1,173.0 -73.50% WCII XO Communications $6,354.0 -66.90% XOXO Total Market Cap $35,247.60 % of loss $133,269.50 -79.43% Market Cap high. $168,517.10