Word: fiber
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...addition to its longtime foes, AT&T and Sprint. In response, MCI has rounded up some powerful partners and launched a counteroffensive designed both to defend its turf and to expand well beyond it. In January, MCI announced that it would spend $20 billion to upgrade its network with fiber optics and build its own "driveways" onto the national information superhighway. As part of the plan, MCI would also enter local telephone markets. Earlier, the Washington-based firm formed a global alliance with British Telecom, once a partner of rival AT&T, which agreed...
...merger partners. Falcon Cable TV, a Los Angeles-based company with 1.1 million cable subscribers, last week halted plans for a $125 million public offering in the wake of the FCC order. Falcon , had planned to use the funds to replace 2,300 miles of conventional wire with fiber-optic cable that could double its current 40-channel capacity. "The uncertainty caused by the FCC is like an apartment owner suddenly having rent control imposed," says Falcon chairman Marc Nathanson. "It's not just the first rate cut of 10%; it's the second...
Henry Luce died before the advent of personal computers, CD-ROMs and fiber- optic networks. But he was a great believer in finding the best ways to get information into the minds of readers, and as TIME explores these new media, we continually ask ourselves how Luce -- with his perfectionism, his eye for excellence and his missionary zeal -- would have done...
When the information superhighway comes to town, TIME plans to be there as well. Time Warner, our parent company, is scheduled to begin testing a Full Service Network in Florida later this year, delivering interactive video over fiber-optic and cable-TV lines to 4,000 homes in Orlando. As part of that system, TIME journalists will collaborate with partners in various TV news divisions on a service called News on Demand that will let viewers see the stories they want, when they want to see them. Subscribers interested in Tonya Harding, for example, might order up both...
...fiber optics should be laid out within a few weeks," he said. "It seems as though when [the University] did some telephone work here about two years ago, they left options for this kind of work...