Word: allowances
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When Ted Dean heard in early January that the Chinese government had finally decided to allow the country's three mobile-phone carriers to upgrade to 3G (third generation) network technology, he could hardly believe the long-awaited day had finally arrived. "At one point it seemed like they were never going to make up their minds," recalls the Beijing-based head of telecommunications- and media-analysis firm BDA, "and I would spend my whole career waiting for Beijing to make this one decision...
...that remains very much in the balance is the fate of Beijing's attempt to bolster the country's technological chops by force-feeding the industry a homegrown version of 3G. More broadly, critics say that the long delay in granting 3G licenses - widely seen as an effort to allow more time for the development of China's own 3G technology to compete with established high-speed standards - means that tens of billions of dollars may be spent on networks that will be outdated within a few years when countries such as Japan are set to begin rolling out faster...
...other market watchers believe China Mobile may have a card up its sleeve: the powerful Ministry of Industry and Information Technology. The ministry, which is not exactly known for its reluctance to intervene where it sees the need, won't allow its efforts to nurture a domestic 3G standard to be derailed so easily, the industry executive in Beijing says. "They have spent many years and a lot of money on this. There's no way they'll let their baby get frozen out by foreign competition." China's 3G bonanza might seem like an industry windfall, but those...
...contentious public meeting last night, clearing the way for six blocks of biotech labs to be constructed in East Cambridge. The Council’s decision, coming by an 8-1 vote after months of negotiations with biotech real estate developer Alexandria Real Estate Equities, Inc (ARE), will allow taller and denser building to exist in an area of East Cambridge previously shielded from that sort of development by its residential designation. The zoning change applies specifically to ARE and will not authorize dense construction by any other firm. Dozens of residents filled the seats in City Hall and others...
...plan—which has been on the table since the University increased budgetary scrutiny in the fall—would allow staffers to voluntarily choose early retirement instead of facing the risk of layoffs, said Sara Oseasohn ’74, associate dean of the arts and humanities in the Faculty of Arts and Sciences...