Word: comcasts
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...alliances of companies. Cooperation is a necessity, because no single company has the resources to build, program and operate anything as complex as an information highway. There are about half a dozen such confederations. In addition to the Time Warner/U S West/Silicon Graphics partnership, cable giants TCI, Cox and Comcast have joined forces with the long-distance company Sprint to develop a design of a seamless nationwide system for delivering cable and telephone service. Meanwhile, a number of the Baby Bell phone companies have turned to Hollywood. Ameritech, Bell South and Southwestern Bell (now SBC Communications) are teaming up with...
...auction, which had six companies competing per region, was designed to produce winners ready to offer consumers increased competition and lower prices, unlike the two-firm limit in current cellular markets. Next (and last) up: On Dec. 5, 74 companies -- including heavy hitters like AT&T, Sprint, TCI and Comcast -- bid for another 99 licenses covering 51 regions.Post your opinion on theNew Mediabulletin board...
...powerful new alliance of giant communications companies is taking shape just in time to bid for new slices of the airwaves under Sprint?s national brand umbrella. The nation?s No. 3 long-distance phone company announced today it would team with 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...
...board of cable network QVC this week officially accepted the sweetened $46-a-share buyout offer from Comcast and Liberty Media that sabotaged last month's heralded merger with...
Just hours before the boards of CBS and QVC were to vote on a planned merger, Comcast Corp. -- the nation's third largest cable company and a minority shareholder in QVC -- launched a surprise bid for the QVC cable network it helped found. As CBS chairman Laurence Tisch quickly dropped the merger offer and announced a $1.1 billion stock buyback, analysts speculated that the network remains vulnerable to a takeover...