IDEAS home Printed from https://ideas.repec.org/a/inm/orinte/v22y1992i4p60-69.html
   My bibliography  Save this article

Investing for the Future: Assessing Shareholder Value of the Regional Bell Operating Companies

Author

Listed:
  • Dean L. Wilde

    (Mercer Management Consulting, Inc., 2300 N Street NW, Suite 800, Washington, DC 20037)

  • W. Brooke Tunstall

    (11 Kings Hill Court, Summit, New Jersey 07901)

  • James P. Smist

    (Mercer Management Consulting, Inc., 2300 N Street NW, Suite 800, Washington, DC 20037)

Abstract

Regional Bell Operating Companies' earnings in constant dollars have remained essentially flat since divestiture, but stock prices have risen on average more than 125 percent. To meet this investor confidence, the RBOCs must aggressively follow new strategies. Demand for new capital will require aggressive marketing, de-averaged pricing, and innovative financial re-engineering. Operational processes need to be redesigned to meet competition in cost and quality. Regulatory changes are needed to adopt incentive-based reforms, putting ceilings on prices rather than profits. Capital dollars must be targeted on profitable pockets of demand. Finally, the re-engineering of networks and management processes will require new ways of allocating both capital and human resources.

Suggested Citation

  • Dean L. Wilde & W. Brooke Tunstall & James P. Smist, 1992. "Investing for the Future: Assessing Shareholder Value of the Regional Bell Operating Companies," Interfaces, INFORMS, vol. 22(4), pages 60-69, August.
    • Handle: RePEc:inm:orinte:v:22:y:1992:i:4:p:60-69
    DOI: 10.1287/inte.22.4.60
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/inte.22.4.60
    Download Restriction: no
    File URL: https://libkey.io/10.1287/inte.22.4.60?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    strategy; industries: communications;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:orinte:v:22:y:1992:i:4:p:60-69. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.