While I am no fan of how AT&T ran its business, and the diminution of Bell Labs is a capital crime to humanity, it must be noted that AT&T was competing with MCI, who was cooking the books. “How can they offer phone calls for $0.01/minute?” The answer: they couldn’t, but did anyway. BTW, there are still good people doing good work at Bell Labs. But it certainly isn’t what it used to be. > On 11Dec 2017, at 1:17 PM, Paul Winalski wrote: > > Except that the new AT&T, liberated from the regulatory chains of the > Bell operating companies, never learned how to compete in the free > market. They got their clock cleaned by the competition. In > desperation they bought Olivetti and only managed to run it into the > ground. > > -Paul W. -------------- next part -------------- An HTML attachment was scrubbed... URL: