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Three years ago, its stock traded at $28 per share; today, the stock is valued at $11, more than a 50 percent depreciation.
The problem is obvious: Too much competition. Local, long-distance and international markets are all competing for the same business. New calling features and suites of local and long-distance services helped, but the industry suffered a huge blow at the hands of the cable companies, who stepped in to provide complete solutions encompassing computers, televisions and plain old telephone service (POT). Selecting and entering international markets yielded mixed results.
To pump up the volume, the Global Communications senior leadership team has developed a two-pronged aggressive approach...
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Common topics in this essay:
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