HD30 - Interim Report of the Joint Subcommittee Studying the Effects of the Changes in the Telecommunications Industry on the Citizens and Businesses of the Commonwealth
Executive Summary: Within the last decade many technological changes have taken place in the telecommunications industry that have made monopolistic service impossible and have led to its deregulation. The most profound changes have resulted from the legal divestiture of the monopoly which controlled the industry for many decades, American Telephone and Telegraph (AT&T). The restructuring of the telephone industry has and will continue to significantly impact the citizens and businesses of this Commonwealth. Virginia has exhibited foresight which other states have not by recognizing the need to examine the changes in the telecommunications industry. The Joint Subcommittee Studying the Effects of the Diverse Changes in the Telecommunications Industry upon the Citizens and Businesses of the Commonwealth was established pursuant to House Joint Resolution No. 84 of the 1982 General Assembly. Due to the complexity of the industry and policy changes at the federal level, it was necessary to continue the study. This was made possible by House Joint Resolution No. 63 of the 1983 General Assembly. |