Word: broadband
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...time Watkins arrived, Enron was fast shedding its image as a staid natural-gas-pipeline company. Trading chief Jeffrey Skilling and his financial whiz, Andrew Fastow, wanted to build a nimble, "asset-light" firm that could exploit deregulating markets for energy, water, weather derivatives, broadband capacity and anything else that could be turned into a commodity. The strategy spawned explosive growth. By 2000, Enron was the seventh largest company in America. The '90s were fat times for Enron, and the corporate culture oozed in excess. The company rented ski condos in Beaver Creek, Colo., and stocked each with a personal...
...billion is how much South Korean companies will spend to offer broadband Internet access to every residence...
...standoff is frustrating companies working on ways to allow cost-efficient roaming across different phone platforms such as Norwood Systems, and a competitor, Red-M, in Wooburn Green, England. Red-M has developed software that enables roaming between phone networks, Bluetooth and 802.11, a standard which allows broadband wireless Internet access. Both Norwood Systems and Red-M say their technology can't reach critical mass until handset manufacturers start putting CTP in mobile phones. Nokia says it sees no business case in the short term for CTP, claiming that there are easier ways to reduce mobile-phone bills. Sony Ericsson...
With 35 million subscribers worldwide (vs. 9 million for MSN), AOL will continue to have the edge, if only from subscriber inertia. But that may not last long. Microsoft's $21.95-a-month charge is $1.95 less than AOL's, and its broadband access ranges from $40 to $50 a month, vs. $55 for AOL. MSN subscribers also get free versions of Microsoft's encyclopedia and bill-paying and photo-editing software...
Advent Networks Inc., a two-year-old Austin, Texas, maker of broadband equipment for cable operators, hit pay dirt in May when it signed Mitsubishi to be its distributor in Japan. Already the Asian trading titan has got an order to sell $5 million worth of Advent's equipment to Tokai Group's AIC Cable Network, Japan's fourth largest cable operator, over the next two years...