historical perspective on bad debt

In 1932, in the depths of the Great Depression, Bell System local telephone operating companies had $12.8 million in uncollectible revenue.  That was 1.3% of total operating revenue, up from about 0.4% of total operating revenue in the early 1920s.  Perhaps new measures addressing uncollectibles were instituted about 1934.  In any case, in 1934 uncollectibles … Continue reading historical perspective on bad debt

celebrating access reform

Ninety-five years ago, on December 19, 1913, AT&T Vice President Nathan Kingsbury sent the U.S. Attorney General a letter in which AT&T agreed to allow other companies to interconnect with AT&T in order to provide long-distance telephone services. This Kingsbury Commitment was the beginning of access reform in the U.S. The U.S. access reform centennial … Continue reading celebrating access reform