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by xattt
125 days ago
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The Idea Factory is a worthwhile read. One of the concepts that AT&T operated on during monopoly times seemed to be focused on providing a “gold-plated” premium service. My understanding was that MCI rolled in and set up dollar-store version of Long Lines, with sound quality to match. They used that as the basis to challenge AT&Ts monopoly to steamroll shitty service everywhere. The cream-skimming that happened with profit-first MCI resulted in the loss of a resilience mindset and long-term planning for a national network. |
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Problem is: prices were REALLY high.
Competition worked out in Part 121 airlines and telco, in the long run.