- Hanging on to Western Electric for years when it should have spun out on Day 1 after divestiture in 1984.
- Handing over its wireless licenses to the RBOCs at divestiture
- Spinning out its recently acquired McCaw Cellular/Vanguard Cellular, the one industry sector that demonstrated growth and value creation.
- Acquiring NCR and then completely dropping the ball in the computer industry.
- Failing to join with other industry participants in a full-scale assault on the regulatory foundations of RBOC dominance, letting the RBOCs fight tactically as needed and ultimately be victorious.
Some of the above are discussed in this article.
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