Summary of Steve Coll's The Deal of the Century

Everest Media

Description

Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 The executives of American Telephone Telegraph Company were going to the Keys for a vacation when they got word that their company was under attack.
#2 In 1970, ATT’s chairman, John deButts, was planning to invite the presidents of the company’s local operating companies to Key Largo, so that they could air their grievances with impunity.
#3 In 1970, ATT’s chairman, John deButts, was planning to invite the presidents of the company’s local operating companies to Key Largo to air their grievances with impunity.
#4 In 1970, ATT’s chairman, John deButts, was planning to invite the presidents of the company’s local operating companies to Key Largo to air their grievances with impunity. But another, even more threatening kind of competition had been nibbling away at ATT: intercity services.

Sujets

• Techniques
• Electronique et Télécommunications
• Electronique et Télécommunications
• Electronique & télécommunications
• Telecommunications
• Sciences et techniques
• Telecommunication
• Technology
• Engineering

Informations

• Publié par: Everest Media LLC
• Date de parution: 13 septembre 2022
• Nombre de lectures: 0
• EAN13: 9798350002119
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Insights on Steve Coll's The Deal of the Century
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3
Insights from Chapter 1

#1

The executives of American Telephone Telegraph Company were going to the Keys for a vacation when they got word that their company was under attack.

#2

In 1970, ATT’s chairman, John deButts, was planning to invite the presidents of the company’s local operating companies to Key Largo, so that they could air their grievances with impunity.

#3

In 1970, ATT’s chairman, John deButts, was planning to invite the presidents of the company’s local operating companies to Key Largo to air their grievances with impunity.

#4

In 1970, ATT’s chairman, John deButts, was planning to invite the presidents of the company’s local operating companies to Key Largo to air their grievances with impunity. But another, even more threatening kind of competition had been nibbling away at ATT: intercity services.

#5

In 1970, the executives of American Telephone Telegraph were going to the Keys for a vacation when they got word that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#6

In 1970, the executives of American Telephone Telegraph were planning to go to the Keys for a vacation when they got word that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#7

In 1970, the executives of American Telephone Telegraph were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#8

In 1970, the executives of American Telephone Telegraph were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#9

Bill McGowan, the founder of Microwave Communications, Inc. , envisioned a network that interconnected cities with microwave towers. He hoped to sell private line services over those towers. To do so, he had to make a deal with ATT.

#10

In 1970, the executives of American Telephone Telegraph were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#11

Bill McGowan, the founder of Microwave Communications, Inc. , envisioned a network that interconnected cities with microwave towers. He hoped to sell private line services over those towers. To do so, he had to make a deal with ATT.

#12

In 1970, the executives of American Telephone Telegraph were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#13

In 1970, the executives of American Telephone Telegraph were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#14

Bill McGowan, the founder of Microwave Communications, Inc. , envisioned a network that interconnected cities with microwave towers. He hoped to sell private line services over those towers. To do so, he had to make a deal with ATT.

#15

In 1970, the executives of American Telephone Telegraph were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#16

Bill McGowan, the founder of Microwave Communications, Inc. , envisioned a network that interconnected cities with microwave towers. He hoped to sell private line services over those towers. To do so, he had to make a deal with ATT.

#17

In 1970, the executives of American Telephone Telegraph were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#18

In the early 1970s, the American public was growing tired of large corporations, and Senator Hart found eager ears in his colleagues on the antitrust subcommittee.

#19

Bill McGowan, the founder of Microwave Communications, Inc. , envisioned a network that interconnected cities with microwave towers. He hoped to sell private line services over those towers. To do so, he had to make a deal with ATT.

#20

In the early 1970s, the American public was growing tired of large corporations, and Senator Hart found eager ears in his colleagues on the antitrust subcommittee.

#21

In 1973, American Telephone Telegraph executives were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#22

In 1973, American Telephone Telegraph executives were planning to go on vacation when they learned that their company was under attack. They had to decide whether to leave their prices alone and absorb the loss of private-line revenues, or lower their private-line prices and go head-to-head with MCI.

#23

The American public was growing tired of large corporations, and Senator Hart found eager ears in his colleagues on the antitrust subcommittee.

#24

In 1973, ATT was planning to raise rates for its private line services. Bernie Strassburg, the head of the FCC’s public utilities division, was against that. He felt that the public had no idea what was going on, and that the company was trying to fleece them.

#25

In 1973, American Telephone Telegraph executives were planning to raise rates for their private line services. Bernie Strassburg, the head of the FCC’s public utilities division, was against that. He felt that the public had no idea what was going on, and that the company was trying to fleece them.

#26

In 1973, American Telephone Telegraph executives were planning to raise rates for their private line services. Bernie Strassburg, the head of the FCC’s public utilities division, was against that. He felt that the public had no idea what was going on, and that the company was trying to fleece them.

#27

Bill McGowan, the founder of MCI, was facing bankruptcy and the collapse of his network. He needed to raise money, and he needed to expand his service catalogue. He wanted to offer private line services, but he needed the FCC’s permission to do so.

#28

During the 1970s, the American Telephone Telegraph company was constantly trying to raise rates for its private line services, and the FCC’s public utilities division head, Bernie Strassburg, was against that. MCI was a small, young long-distance company that needed to expand its service catalogue, and it wanted to offer private line services.

#29

In 1973, American Telephone Telegraph executives were planning to raise rates for their private line services. The FCC’s public utilities division head, Bernie Strassburg, was against that. He felt that the public had no idea what was going on, and that the company was trying to fleece them.

#30

The 1971 FCC decision that allowed MCI to sell private lines was a mess of a document, written in the worst style of bureaucratic obfuscation.

#31

ATT tried to raise rates for private line services in 1973, but was stopped by the FCC. In 1974, MCI filed a sweeping antitrust suit against ATT seeking hundreds of millions of dollars in damages.

#32

In 1973, American Telephone Telegraph executives were planning to raise rates for their private line services. The FCC’s public utilities division head, Bernie Strassburg, was against that.

#33

The young Bill McGowan, founder of MCI, met with Antitrust division staffers in 1973 to pitch them on his company’s antitrust case against ATT. He was met with enthusiasm by a new recruit named Phil Verveer, who would go on to become the head of Antitrust division.

#34

In 1973, the FCC allowed MCI to sell private lines, a decision that was a mess of a document written in the worst style of bureaucratic obfuscation. In 1974, American Telephone Telegraph executives were planning to raise rates for their private line services. The FCC’s public utilities division head, Bernie Strassburg, was against that.

#35

In 1973, American Telephone Telegraph executives were planning to raise rates for their private line services. The FCC’s public utilities division head, Bernie Strassburg, was against that.

#36

ATT, the largest telephone company in the country, had a monopoly over their lines. They were planning on raising rates for private line services. The FCC’s public utilities division head, Bernie Strassburg, was against that. -> In 1956, American Telephone Telegraph executives were planning to raise rates for their private line services.