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SBC's Using Everything In Its Tool Kit To Deal With Regulators A key move was hiring former Gore campaign chairman William Daley.(LEADERS & SUCCESS)(MANAGING A SUCCESSFUL COMPANY)
Byline: REINHARDT KRAUSE
When a local phone company hires a top political honcho as president, that says a lot about how much regulation matters.
That's just what SBC Communications Inc. did in November. It reached out to William Daley, a former commerce secretary who ran Al Gore's 2000 presidential campaign.
Phone companies operate in a utilitylike business. Despite telecom reform, they're still heavily regulated.
How do phone companies fight restrictive regulation? They spar with state and federal regulators on pricing and other matters. Their lawyers fight rules in court. Their lobbyists woo lawmakers on key issues, such as mergers.
Since Congress passed the Telecommunications Act of 1996, SBC has won some big victories.
Regulators gave a green light to SBC acquiring three other local telecoms. Once the smallest regional Bell, SBC has emerged as the nation's second biggest local telecom, in terms of market cap.
- SBC Communications Appoints William M. Daley President.
- Press release article from: Business Wire November 19, 2001 700+ words
...Whitacre, Jr. As President of SBC, Daley will be responsible for strategic...affairs and international affairs. Daley's appointment by SBC's Board of Directors will be...his appointment as President of SBC, Daley, 53, served as vice chairman...
- SBC Keeps Up Pressure Through Daley-Led Lobbying Efforts; A Big Victory In...
- Magazine article from: Investor's Business Daily Krause, Reinhardt May 21, 2003 700+ words
...his home state of Illinois. Daley's employer, SBC Communications Inc., scored...president in November 2001. SBC believed Daley -- a former U.S. Commerce...run for Illinois governor. SBC paid Daley a $1.1 million signing bonus...
- Daley's Political Savvy Could Serve SBC Well, Telecom Analysts Say Known For...
- Magazine article from: Investor's Business Daily November 21, 2001 700+ words
...country. Most important to SBC could be Daley's role in getting Congress...doer." Strained Relations SBC says Daley will be involved in strategic...regulators. Glenchur thinks Daley, 53, can help SBC improve its image. "He can...
- SBC Communications' Daley Joins Battle to Control Internet's Future.
- Newspaper article from: Austin American-Statesman (Austin, Texas) (via Knight-Ridder/Tribune Business News) January 7, 2002 700+ words
...Glassman said in the wake of Daley's hiring. The arrival of Daley, who started work at SBC headquarters in San Antonio on Dec...based Yankee Group consulting firm. Daley says he knows how much of SBC's business hinges on its present...
- Daley Urges Telecom Industry To Refocus On Customer Service, Consumer...
- Press release article from: Business Wire October 13, 2003 700+ words
...BUSINESS WIRE)--Oct. 13, 2003 SBC (NYSE:SBC) president William Daley today challenged the industry...innovation and customer service." Daley said the industry's legacy...privacy. That's why, he said, SBC is resisting heavy-handed attempts...
- Forrest Miller to Lead New Public Policy and Planning Group; SBC President...
- Press release article from: Business Wire May 14, 2004 700+ words
...Whitacre, chairman and CEO of SBC. Miller was named to replace William M. Daley, SBC President, who today announced...the opportunity to work at SBC during one of the most remarkable...industry's history," said Daley. The Public Policy and Planning...
- Telecommunications Reform Needed to Protect Consumers, SBC President Bill Daley...
- Press release article from: Business Wire September 13, 2002 700+ words
...access, long-distance competition cited SBC (NYSE:SBC) President Bill Daley today identified three steps needed to help...companies, which are unregulated monopolies," Daley said. "Companies like SBC offer DSL service, which is our version...
- William Daley leaves SBC.(Business News)
- News wire article from: UPI NewsTrack May 15, 2004 700+ words
...of SBC and wish him well," SBC said in a statement. Daley was named to the $1.2 million SBC job after managing Al Gore...position with a Chicago employer. Daley's greatest accomplishment was in getting SBC to be better regarded in Washington...
- Daley enlisted to become SBC voice for deregulation.(Knight Ridder Newspapers)
- Newspaper article from: Knight Ridder/Tribune News Service Bajaj, Vikas November 19, 2001 700+ words
William M. Daley, the new president at SBC Communications Inc., will...affected by policy-making," Daley said. SBC's relationship with regulators...from those restrictions. Daley said the bill is critical for SBC because it would set the...
- Standards Must Keep Pace with Business, Says William Daley, SBC Communications...
- Press release article from: Business Wire October 17, 2002 700+ words
...pace of business," said SBC Communications President...Secretary of Commerce William Daley, during remarks delivered...Standards Technology. Daley reflected on the increasingly...standards development. "SBC is working with others...standards process," said Daley. "This has become even...