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...order was part of a 159-page opinion that virtually completes the legal restructuring of A T & T. The mammoth undertaking, the largest breakup of a company in history, has been under way since January 1982, when AT&T agreed to divest its local units to settle a Government antitrust suit. "This decision in a sense is the final word on telephone reorganization," said Theodore Whitehead, a Washington attorney who specializes in communications...

Author: /time Magazine | Title: Bell Wrung | 7/18/1983 | See Source »

...Brecher, an attorney for GTE Sprint: "If AT&T and the operating companies were permitted to use the same logo, the public might think that they're part of a unified system." The rivals had argued that since AT&T will remain a long-distance carrier after the breakup, such identification would give it a competitive advantage...

Author: /time Magazine | Title: Bell Wrung | 7/18/1983 | See Source »

...service is a byproduct of A T & T's recent Government-mandated breakup: the deregulators ordered local telephone companies to give up their monopoly on their sponsored Dial-It services (time, weather, Dial-A-Joke and so on). High Society was one of 21 enterprises picked by lottery to get a piece of the New York Telephone action, and has since bought two more of the numbers from other lottery winners...

Author: /time Magazine | Title: Aural Sex | 5/9/1983 | See Source »

Trans World's dissidents armed themselves heavily. They spent about $1 million on their campaign to get proxy statements explaining the breakup proposal into shareholders' hands and for a report from Booz, Allen & Hamilton, the powerful management consultant. The study showed that the sum of Trans World's parts was worth more than its whole. While TWA has not earned a profit domestically in almost a decade, Trans World subsidiaries such as Hilton International hotels, the Spartan Food Systems restaurant chain, Century 21 real estate and the Canteen Corp. vending-machine business were valuable and making money...

Author: /time Magazine | Title: Corporate Civil Wars | 5/9/1983 | See Source »

...reversals. Adapting his own play, Pinter has retained the device that supplied its theatrical renown, a reverse structure. This is no mere matter of flashbacks. Rather, Pinter charts the entire course of Jerry's affair with Emma backward, starting with a wistful coda, then proceeding through breakup, Robert's discovery of what the couple is up to, the rental of a love nest, the first illicit meeting, the initial acknowledgment of mutual attraction, with which the film ends. There is something smug and self-conscious about this conceit, but it is also unbalancing. Since the triangle clich...

Author: /time Magazine | Title: Cinema: Theater Game | 3/7/1983 | See Source »

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