Overview

"Computerization has generated dra­matic advances In telecommunica­tions, such as mobile telephones and video conferencing. Coupled with this are major changes in regulation, as telephone companies face new compet­itors. States are experimenting with new forms of utility regulation and de­regulation in order to cope with the demands of rising competition. Here Mueller examines in detail the results of a radical telephone regulation law.In 1986, the state of Nebraska com­pletely discarded traditional utility reg­ulation, deregulating rates and profits of its local telephone companies. The Nebraska experiment has become a benchmark for reassessing the role of state regulation In the future of tele­communications. Using comparative data from five midwestern states, Mueller shows how deregulation af­fected rates, investment, infrastruc­ture modernization, and profits. He uncovers both positive and negative results. Mueller found established telephone companies to be basically conservative, not aggressive and ex­pansionist, and concludes that new competition, not regulation or deregu­lation, is transforming the telecommu­nications industry.This book is the first systematic em­pirical study of the controversial Ne­braska law and its broader effects. It will be a significant addition to the much debated issue of telecommuni­cations deregulation. Economists, pol­icymakers, and telecommunications managers will find in this volume a substantial resource. According to Robert Atkinson, senior vice president of Teleport Communications Group: ""Nebraska's experiences with telecom­munications deregulation - the good, the bad and the ugly - need to be un­derstood by all telecommunications policymakers across the country so that they can emulate Nebraska's suc­cesses and avoid its mistakes. Mueller provides the roadmap."""

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9781560001034

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-Mueller has written an excellent case study of Nebraska's experiment with giving local telephone companies nearly total rate flexibility... Mueller has prepared a carefully constructed comparative study of rates, revenues, expenses, modernization, and investment in Nebraska and four other midwestern states that continued to practice traditional rate of return regulation.- --S. Shapiro, Choice Mueller has written an excellent case study of Nebraska's experiment with giving local telephone companies nearly total rate flexibility... Mueller has prepared a carefully constructed comparative study of rates, revenues, expenses, modernization, and investment in Nebraska and four other midwestern states that continued to practice traditional rate of return regulation. --S. Shapiro, Choice Mueller has written an excellent case study of Nebraska's experiment with giving local telephone companies nearly total rate flexibility... Mueller has prepared a carefully constructed comparative study of rates, revenues, expenses, modernization, and investment in Nebraska and four other midwestern states that continued to practice traditional rate of return regulation. --S. Shapiro, Choice

<p> Mueller has written an excellent case study of Nebraska's experiment with giving local telephone companies nearly total rate flexibility... Mueller has prepared a carefully constructed comparative study of rates, revenues, expenses, modernization, and investment in Nebraska and four other midwestern states that continued to practice traditional rate of return regulation. <p> --S. Shapiro, Choice

Mueller has written an excellent case study of Nebraska's experiment with giving local telephone companies nearly total rate flexibility... Mueller has prepared a carefully constructed comparative study of rates, revenues, expenses, modernization, and investment in Nebraska and four other midwestern states that continued to practice traditional rate of return regulation. </p> --S. Shapiro<em>, </em><em>Choice</em></p>

Author Information

Milton L. Mueller is assistant professor in the School of Communication, Infor-mation and Library Studies at Rutgers University. Before that he was research associate, International Center for Telecommunications Management, University of Nebraska at Omaha. He has written articles on telecommunica-tions Issues for the Wall Street Journal the Hong Kong Economic Journal and the Chicago Tribune.

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