Word: airtouch
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Dates: during 1994-1994
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...three leading cable TV operators -- TCI, Comcast, and Cox -- to compete with Baby Bells and establish a national wireless communication network. Dealmaking in the wireless business has accelerated in the past month. Also in just ahead of the FCC's Friday deadline: Bell Atlantic-Nynex and U S West-AirTouch...
...telecommunications. Defense? Try Northrop's $2.1 billion buyout in April of aircraft maker Grumman, which had also been sought by Martin Marietta. Retailing? Federated paid $4.1 billion for R.H. Macy last month in a merger that created America's largest department-store company. Wireless phones? U.S. West and AirTouch Communications agreed two weeks ago to pool their cellular operations into a business with total sales of $13.5 billion and nearly 2 million subscribers...
That's why both AirTouch Communications and Nynex Corp. last fall began testing a system to thwart telephone thieves that was developed by aerospace conglomerate TRW. The pirates typically use radio scanners to record the serial number and subscriber identity number that each cellular phone transmits at the start of a call. Then they program the numbers into their own phones, leaving the victim to get the bills. But TRW engineers have come up with a proprietary method for analyzing and storing a third signature of cellular phones -- their unique radio-frequency signal, which cannot be cloned...