Word: footprint
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...networks in New York and other cities. Six months later, AT&T purchased Tele-Communications Inc., then the second largest cable company in the U.S., for $53.5 billion. Acquiring MediaOne, and adding its 5 million subscribers to TCI's 12 million households, would finally give AT&T the national footprint it needed for widespread realization of its new strategy...
Valuation questions aside, old-media and new-media firms have to link up. Nearly every old-media firm needs some kind of new-media footprint to distribute its content and capitalize on the e-commerce and marketing opportunities offered by the Internet. AT&T, for instance, controls Net portal @Home and cable company TCI. Last week it made a bid for Mediaone, another cable firm with investments in entertainment. Thus AT&T wants to deliver everything to everybody--from phone service to cable TV to e-commerce--over a variety of networks...
...center in Rome is much bigger, with a budget of $86 million. But her ideas are consistent. The building is a journey. Hadid used the barracks on which the art center is to be built as a footprint and imposed a "second skin" over the site. And in the just opened German garden center, she let pre-existing garden paths suggest the flow of the building...
...strangest stories Fitzsimmons shares was of an applicant who wrote his essay with his foot. "He had his friend take pictures," Fitzsimmons says. The essay closed with the line, "I hope to leave a footprint in the sands of time." Really clever, eh? Another student, trying to get noticed, sent in a box of corrected papers--all of them since kindergarten actually. Students have tried everything-pictures of sword collections, diaries, letters of recommendation from the president, pictures with famous people, and all sorts of poems and anagrams...
...conglomerate that has been rapidly deconglomerating, has saved for future acquisitions some $1.6 billion earned by selling off two global automotive businesses this year. "A fair amount of that," says chairman Travis Engen, "will go to Asia. Much of the world's electronics is being produced there, and our footprint there in electrical connectors is rather modest. So that is an area where we would specifically like to make great investments in acquisitions." Asia supplies about 5% of ITT's global revenues, but Engen foresees that rising to a third in about 15 years--or in less time...