Word: itt
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Three cheers for ITT's Harold Geneen [Sept. 8], who proves that there's nothing wrong with ambition that can't be cured by a lot of success. TIME'S explanation of this fascinating man's awesomely complex company was first rate-and your exposition on the question "What is a conglomerate?" is the first one I've read that makes any sense...
...Sosthènes Behn was one of the last grand old gentlemen of finance, at ease with king or laborer alike. ITT represented, to its thousands of workers, one man, who commanded their fierce loyalty, love and admiration. I am glad Colonel Behn did not live to see his dream become a giant conglomerate, where the personal touch and human values are lost in the balance sheet, drowned in the quest for the almighty dollar...
...telephone in the Virgin Islands? Ever try to get the operator?-busy signals for hours on end. Ever get charged a service charge for placing a long distance call that doesn't answer? Ever see thousands of inhabitants with no telephones for years?-look at Puerto Rico and ITT. Maybe President Geneen hasn't opened that attache case...
Beneficial Environments. Much of ITT's rapid overseas growth is coming from its traditional communications operations, a trend that should continue on the strength of the unmet foreign demand for telephone lines; even in industrialized Europe, there are only ten telephones for every 100 people v. 48 per 100 in the U.S. ITT recently installed a 5,000-line telephone exchange in Madras, India, won a contract to supply the Hong Kong Hilton with a 1,000-ex-tension automatic phone system. Another rich market opening up is in worldwide satellite communications; ITT (after A.T. & T. the largest stockholder...
...process, ITT's lobbyists and public relations men have been charged with an excess of zeal. Several reporters accused the company of trying to manipulate the news-and this was especially damaging since a main Justice Department complaint is that ITT's worldwide business interests might encourage the company to influence ABC's public-affairs programming. Justice's other key objections are that the merger would result in a cash drain away from already-strapped ABC (both companies insist that, on the contrary, ITT would be supplying the network with fresh capital) and that it would...