Word: bon
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Dates: during 2000-2009
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...Officers responded to Au Bon Pain after a caller reported that two missing juveniles had been found...
...Square is actually a hub of Boston’s cool factor, rivaling only downtown Newbury Street in terms of shopping, record stores and cheap eats like Au Bon Pain and The Wrap. Two convenience stores, Store 24 and 7-11, along with pizza joints Tommy’s and Pinocchio’s keep Harvard students caffeinated and fed through at least most of the night...
...want to understand why the European telecom industry is throwing more than $230 billion into upgrading to 3G - shorthand for third generation - look no further than Bon's occasionally dodgy telephone. (Not that the handsets linked up to BT Cellnet or Vodafone are any better.) Though mobiles have come a long way since the days when Gordon Gekko stood on the beach talking to a brick, you still wouldn't make a call on one if a landline was available. And if voice services are skimming the edge of adequacy, that's still more than anyone could...
...telecom operators and their investors, on the other hand, it looks more like a financial disaster. Bon's France Telecom has increased its debt to a staggering $55 billion in large part to pay for 3G. Likewise, Deutsche Telekom now owes $50 billion, and British Telecom $43 billion. (It's not all 3G; these firms have also been on acquisition sprees.) And here's the scariest part: there's no guarantee that 3G will...
...Telecom were bidding their borrowed billions on licenses last year, it looked like the loans would be a lot easier to pay off than they are today. "We have a plan that will bring our debt down into the range of $27 billion to $36 billion by 2003," says Bon. A nice plan indeed, but mind the yawning $9 billion gap. (A company worth $9 billion on the London Stock Exchange might qualify for the blue-chip FTSE 100 index.) The reason the numbers are so vague is that the debt reduction plan depends on selling some of the firms...