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Introduction
Opening telecom markets : the 1996 Telecommunications Act
The first eight years under the new law
Local competition under the 1996 act
Effect of the 1996 act on incumbent local companies
The death of distance and of the long-distance carriers
The rapid growth of wireless telecommunications
The broadband revolution
Telecom reform in other countries
A look back and a look forward
Appendix. estimates of Bell Company cumulative capital expenditures across states, 1996?-2003.

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