] "Federal regulators are preparing to stop making local
] phone companies rent their networks to their main
] competitors at cheap rates, a move that could reverse the
] increasing competition for customers that had begun to
] push prices down, Monday's Wall Street Journal reported.
] Those familiar with the plan say FCC Chairman Michael Powell
] is acting on his long belief that real competition requires
] the regional Bells' competitors to have networks of their
] own. That is also the position held by the Bells, which
] after several mergers now consist of Verizon
] Communications Inc. (VZ), BellSouth Corp. (BLS),
] SBC Communications Inc. (SBC) and Qwest Communications
] International Inc.
FCC Change to Local-Phone Rule to Benefit Baby Bells