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GC has experienced more than 50% depreciation in its stock (down from $28 to $11). The company has concluded that their problem is increased competition in local, long distance and international markets as well as diversified cable companies. Ironically, competition is the American way, they has to identify their niche and distinct competencies. Benchmark companies such as AT & T, Continental Communications Inc., Verizon Communications, and other have managed to creativity over come industry adversity while remaining profitable.
GC goals and objectives are to effectively compete in the evolving telecommunication industry; improve earning per share (EAP), meet customer demands, and increase profits and revenues...
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