Dr. Jeffery Whippo, Ph.D., D.B.A., shares his views on how the 1984 Modified Final Judgment on the Structure of the Telecommunications Industry led to progressive deregulation. He explains that the AT&T breakup (Modification of Final Judgment, "MFJ") in 1984 resulted in competition in manufacturing, long distance, and information services, while it kept the regime of regulated monopoly in local telephony. Jeffery Whippo explains that the direct effect of the breakup of AT&T was competition in long distance. Since that time, mergers have reduced the number of RBOCs to four: Verizon, Qwest, BellSouth and SBC. Dr. Whippo says that in parallel, the wireless telephony grew to great success.
