Word: gloeilam
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...International, the company has already struck a deal with N.V. Philips' Gloeilam-penfabrieken of The Netherlands to sell switching equipment throughout the world. Says Gerrit Jeelof, head of Philips' Telecommunications Division: "It was a natural marriage between two of the most desirable partners in the world." The new subsidary will pit AT&T against GTE and ITT in the European market, which it abandoned in 1925 to concentrate on the U.S. telephone system. AT&T and Philips could pry open an unusually tough market long closed to outside suppliers because of dominance by state-owned post, telephone...
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