"Telecom executives have been rushing to convince investors--and maybe themselves--that everything is going to be all right... Unfortunately for investors and telecom employees, such thinking may be supremely wishful... Consumers will pay more. Corporate customers will get red-carpet treatment. Innovations will get slow-rolled. In other words, the industry might look a lot like it did in 1995--back when telecom was considered a safe, if boring, investment, and almost no one had heard of a little company called WorldCom." Another set of predictions. FORTUNE - Is There Any Way Out Of the Telecom Mess? |