Word: phoned
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Dates: during 1960-1969
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...arts and businesses to master. Sculpture beckons, as does real estate development. As for packaging, the number of products is rising so much faster than floor space in supermarkets that Snaith foresees the day when some items may have to be sold by a combination of TV, phone and computer. Some packages may have to shrink, says Snaith, and others may well be converted into something consumable-in other words, the wrapping will be edible...
...South America, where ITT has had numerous political squabbles over its utilities operations, the company is selling off a few of its telephone companies; fortnight ago, Geneen's men reached agreement with the Peruvian government, which will buy the local ITT-run phone system in 1971. To further minimize reliance on government-related business, ITT has been diversifying abroad, acquiring computer-programming services, a lamp manufacturer and TV plants in Germany and France. Last week, in one of many "substantial acquisitions" foreseen by ITT-Europe Executive Vice President James V. Lester, the company added to the fold West Germany...
...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 in the Communications Satellite Corp.) recently won the contract to build Indonesia's first satellite ground station...
...that Huntington Hartford, 56, can do to tear himself away from the phone these days. On one line, he has been calling several of the nation's loftier cultural institutions, trying to get them to accept as a gift his $5,000,000 Gallery of Modern Arton Manhattan's Columbus Circle. The star-crossed A. & P. heir first sought to benefact Columbia and Fordham universities, which hastened to decline when they got a load of the museum's $3,800,000 mortgage and $500,000 yearly upkeep; now he hopes that some philanthropic soul like Uncle...
...larger by agreeing to a $145 million stock transaction that will merge Northern Ohio Telephone Co. into a new General Telephone subsidiary. The takeover of Northern Ohio, which serves 161,000 telephones in 24 Ohio counties, comes just three months after an even bigger deal with the 310,000-phone Hawaiian Telephone Co., and it expands General Telephone's U.S. network to 8,600,000 phones...