NRIC Minutes April 1999 -
[Cached Version]
Published on: 4/1/1999
Last Visited: 5/26/2008
Mr. Paul Hart of USTA reported that USTA has established websites and other links to enable telephone companies to obtain Year 2000 information.He noted one of the biggest difficulties is securing information from companies with regard to the status of their Year 2000 preparations.Such companies may be completely on track with regard to their Year 2000 preparations but they often are reluctant to provide much information in response to the formal inquiries that they receive.While USTA cannot force its members to disclose the extent of their Year 2000 preparations, Mr. Hart noted that in some instances where USTA has had questions about the Year 2000 readiness of a particular company and the folks at that company were contacted directly, USTA learned informally that that they did have Year 2000 plans, that they were otherwise attending to these issues, but that their plans typically extend later into 1999.
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Mr. Hart of USTA stated, once USTA and OPASTCO have the final record of this meeting, that they would make that information available in a specific release to their members and would encourage those members increase the industry's comfort level by providing additional information with regard to their preparations for the Year 2000.
Mr. Ianna asked Mr. Hart about the percentage of USTA members that have already indicated they would be ready for the Year 2000 conversion as compared with those that have not so indicated.
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Based on available data, Mr. Hart said USTA members had a pretty good understanding of these issues and that he was not aware of any USTA members that did not anticipate being compliant prior to the Year 2000.
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Mr. Hart responded by stating some telephone companies may be hesitant to publicize their Year 2000 readiness enthusiastically because such readiness probably is not quite the same as other issues they face.First, he noted all telephone companies worry just a little bit about their Year 2000 readiness.While these companies do their best, none can be 100 percent sure it will not experience some sort of Year 2000 problem.Second, in cases where USTA has not been able to get direct written responses from telephone companies regarding their Year 2000 readiness, USTA has found -- in talking to some of these companies -- that they are sure that they are all right but that they are not comfortable making any statements to that effect.Some of these smaller companies view their individual exposure on this issue as very different from that of the larger companies.Third, as we move through 1999 and get more information from these companies on their Year 2000 readiness, Mr. Hart said we will get more and more sure about this issue.
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