WSJ: Phone Industry Faces Upheaval As Ways of Calling Change Fast

Aug 25, 2004 0 Replies

Heavy Toll Phone Industry Faces Upheaval As Ways of Calling Change Fast Cable, Internet, Wireless Hurt The Value of Old Networks, Threaten a Business Model Echoes of Railroads' Ordeal



By KEN BROWN and ALMAR LATOUR Staff Reporters of THE WALL STREET JOURNAL August 25, 2004; Page A1



In just over a year, one out of every eight households in the Portland, Maine, region has signed up for Internet phone service supplied by Time Warner Inc.'s cable-television unit. For many, the phone jack in the wall that connects to the phone company's network is now just a useless hole. Time Warner is rolling out the same service to millions of consumers nationwide. ....



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