Word: mccaw
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...Catherine E. McCaw...
...country's first self-made media moguls: he earned his initial fortune in plastic tubing in the 1980s, before turning to entertainment. He speaks in a low, measured voice that rumbles with assurance, but he is still hungry for respect. (It rankles, for instance, that American businessman Craig McCaw, one of his principal partners in the satellite venture, has never come to India.) "People used to think that only the large billion-dollar companies from the U.S. could succeed here," he says. "We have proved that wrong." And Chandra thinks there's an audience for Indian programming...
...jumped in 1991 to McCaw Cellular, a $4.9 billion-debt laden Seattle firm that was trying to build a national cellular network. He was second in command to Craig McCaw when AT&T bought the company for $11.5 billion. Not ready to call it quits, Barksdale needed one last bite of the apple: he wanted to finally be top dog somewhere. That's why, when a headhunter called to see if he was interested in applying for a job as fourth man out at nearby Microsoft, he declined. And that's why, when Doerr called...
...prices has spawned even more consortiums eager to be top dogs in the satellite-Internet communications business. The most ambitious venture is Teledesic, founded in 1990 by deep-pocket investors including Microsoft CEO Bill Gates, Saudi Prince Alwaleed bin Talal (with a 13.7% stake), and cellular pioneer Craig McCaw, who is the chairman and co-chief executive. Motorola, after a frosty initial reaction to the project, dropped its own system, Celestri, and joined in with $750 million for a 26% stake. Once jeered as the most starry-eyed start-up ever, the $9 billion Teledesic project has lately won some...
...Robert Allen, whose tortured leadership of Ma Bell ignited the search for a successor. His nine-year tenure has been marked by some seemingly desperate attempts to expand beyond telephones and phone service, including the failed $6 billion acquisition of computer maker NCR Corp., the pricey buyout of McCaw Cellular ($13 billion) and some high-profile product failures. NCR, which lost billions, was spun off in last year's "trivestiture." Another castaway, the manufacturing arm now called Lucent Technologies, has been on a tear since leaving Allen's hold...