1. PHOENIX CENTER 2002 U.S. TELECOMS SYMPOSIUM 20 November 2002 Hyatt Regency Capitol Hill Washington, D.C. Conference Theme: How Do We Go From “One” to “Many”? What Do We Need to Do to Create a Vibrant Wholesale Market for “Last Mile” Local Access?

2. Phoenix Center President Lawrence J. Spiwak with 2002 Jerry B. Duvall Public Service Award Recipient Senator Byron L. Dorgan.

3. 2002 Jerry B. Duvall Public Service Award

4. 2002 Jerry B. Duvall Public Service Award Recipient Senator Byron L. Dorgan addresses Symposium delegates as Phoenix Center President Lawrence J. Spiwak looks on.

5. From left to right: Phoenix Center Chief Economist Emeritus Jerry B. Duvall, Senator Byron L. Dorgan, Senator Dorgan’s aide Emmett O’Keefe, Phoenix Center President Lawrence J. Spiwak.

6. 2002 Phoenix Center Annual U.S. Telecoms Symposium Delegates.

7. From left to right: Phoenix Center President Lawrence J. Spiwak, Hon. Rebecca Kline, Chairman – Texas Public Utility Commission, Hon. Robert B. Nelson, Commissioner – Michigan Public Service Commission, Hon. Marilyn Showalter, Chairwoman – Washington Utilities and Transportation Commission, Hon. Elliot Smith, Member – Iowa Utilities Board.

8. NARUC President David Svanda announces major new State advocacy initiative as Phoenix Center President Lawrence J. Spiwak and Texas PUC Chairman Rebecca Kline look on.

9. From left to right: Phoenix Center President Lawrence J. Spiwak, Hon. Rebecca Kline, Chairman – Texas Public Utility Commission, Hon. Robert B. Nelson, Commissioner – Michigan Public Service Commission, Hon. Marilyn Showalter, Chairwoman – Washington Utilities and Transportation Commission, Hon. Elliot Smith, Member – Iowa Utilities Board.

10. John Mayo - Dean, McDonough School of Business, Georgetown University (right) discusses issues with a Symposium Delegate.

11. Robert Blau, Vice President, Executive and Federal Regulatory Affairs, BellSouth makes his presentation, as Dr. Michael Pelcovits, Principal, MiCRA and former Chief Economist, MCIWorldCom, Dr. Simon Wilkie, FCC Chief Economist and Dr. Jerry B. Duvall look on.

12. Dr. Michael Pelcovits, Principal, MiCRA and former Chief Economist, MCIWorldCom presents his paper to the Symposium Delegates.

13. Phoenix Center Chief Economist Emeritus Jerry B. Duvall talks with Associate FCC Media Bureau Chief Barbara Esbin.

14. J. Scott Marcus, Senior Advisor for Internet Technology, Federal Communications Commission addresses the Symposium as Phoenix Center Adjunct Fellows Dr. George Ford and Thomas M. Koutsky look on.

15. From Left to Right: Thomas M. Koutsky, Phoenix Center Adjunct Fellow; Vice President for Law and Policy, Z-Tel Communications, Jessica Zufolo – Legislative Director, National Association of Regulatory Utility Commissioners (NARUC), Hon. Gregory L. Rohde – e-Copernicus.com; former Assistant Secretary of Commerce for Communications and Information and Administrator of the National Telecommunications and Information Administration (NTIA), and J. Scott Marcus, Senior Advisor for Internet Technology, Federal Communications Commission.

16. Phoenix Center Adjunct Fellow Dr. George Ford presents empirical data questioning the validity of “inter-modal” competition.

17. James Bird (left), Senior Counsel to the General Counsel and leader of the FCC’s Merger Review Transaction Transaction Team talks with FCC Chief Economist Simon Wilkie (right) at the Symposium.

18. From Left to Right: Phoenix Center Lawrence J. Spiwak, Christopher Wright, Partner, Harris Wiltshire and Grannis; former General Counsel, FCC, Hon. Tom Tauke, Senior Vice President – Public Policy and External Affairs, Verizon Communications, Hon. Harold Furchtgott-Roth, Visiting Fellow, American Enterprise Institute; former Commissioner, FCC and Jon Canis, Partner, Kelley Drye and Warren.

19. Jon Canis, Partner, Kelley Drye and Warren, presents the CLEC perspective in the “Telecoms Twilight Zone” as Phoenix Center President Lawrence J. Spiwak and former FCC General Counsel Chris Wright look on.

20. Lunch