New Paper, Panel Discussion to Focus on MCI Proposal for Overhauling U.S. Telecommunications Regulation

WASHINGTON, July 12 /PRNewswire/ — The New Millennium Research Council (NMRC) will host a luncheon panel on July 13, 2004, to discuss a major new report examining MCI’s ideas for reworking U.S. telecommunications rules. According to the report, the MCI plan could create a significant competitive advantage for a small number of large companies. Under the “layers” proposal, regulatory oversight would remain in place only for infrastructure companies such as incumbent local exchange carriers (ILECs) and cable companies — but not for their competitors (including MCI), which would get access to the underlying infrastructure on an unregulated basis.
Authored by eight leading telecom experts, the NMRC report provides an in- depth assessment of the MCI proposal, including whether or not it would work as a replacement for existing telecommunications regulations, possible benefits and potential drawbacks, including reduced investment in telecommunications infrastructure and preferential treatment for MCI and a few other companies.
Panelists/speakers are slated to include:

* Braden Cox, technology counsel, Competitive Enterprise Institute;

* Adam Thierer, director of telecommunications studies, Cato Institute;

* David P. McClure, president and CEO, U.S. Internet Industry
Association;

* Glenn Woroch, adjunct professor of economics, University of California
at Berkeley;

* James L. Gattuso, research fellow in regulatory policy, Heritage
Foundation;

* Wayne T. Brough, chief economist, Citizens for a Sound Economy; and

* Stephen B. Pociask, president, TeleNomic Research, LLC.

TO PARTICIPATE: 12:30 p.m. to 2:30 p.m., July 13, 2004, National Press Club, White/Murrow rooms, 529 14th St. NW, 13th floor. Please RSVP to Matt Bennett at (202) 263-2951 or mattbennett@newmillenniumresearch.org if you plan to attend.
ABOUT NMRC: The New Millennium Research Council is composed of a network of policy experts who develop workable, real-world solutions to the issues and challenges confronting policymakers. Its work has focused primarily in the fields of telecommunications and technology. For more information, please visit http://www.newmillenniumresearch.org/.
New Millennium Research Council, Washington, DC

CONTACT: Christine Kraly, +1-703-276-3258, or ckraly@hastingsgroup.com,for the New Millennium Research Council

Web site: http://www.newmillenniumresearch.org/