Word: optic
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...fast lane on the information highway as it is built -- except that when Gates pulls alongside, others may be forced onto the shoulder. Within 10 years a handful of major firms are likely to dominate the three major areas of the digital world. One group will provide fiber-optic and satellite networks to carry entertainment, telephone service, video teleconferencing and other communications. Another will supply the programming. A third segment will furnish the software that controls the so-called magic box that consumers will use to access all these services...
...hooking up with Nextel, MCI becomes an instant force in the emerging market for wireless communications. While wireless will not make up the backbone of the information superhighway, whose basic construction material remains fiber-optic or coaxial cable, portable phones, along with pagers and beepers, will be powerful extensions of the electronic network. Companies ranging from AT&T and Motorola to Time Warner and Bell South are racing to develop their own new portable-telephone systems, which will one day compete with existing cellular networks and traditional wall-jack phones. The wireless market is expected to increase sixfold...
...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...