Word: rebuild
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...specialized mobile radio, as it is known, has been rediscovered. It is now considered one of the biggest prizes in the all-out war for the public airwaves. The reason: high-tech companies have figured out how to profitably rebuild the antiquated dispatching system into an advanced cellular-telephone network that can take on the likes of AT&T and the giant Baby Bells. Upstart Nextel Communications sent shock waves through the industry last week when it agreed to buy Motorola's SMR frequencies for $1.8 billion...
...That would give the Rutherford, New Jersey, company access to nearly three times the number of customers now covered by McCaw Cellular , Communications, the nation's biggest cellular operator, which is being acquired by AT&T for $12.6 billion. Even though it will cost at least $2.5 billion to rebuild the SMR system into a cellular network, Nextel, which is backed by Comcast Corp. and Japan's Matsushita & Nippon Telegraph and Telephone, intends to have a coast-to-coast wireless network up and running...
With customers switching rapidly from films and photographs to electronic imaging, Fisher is expected to focus Kodak on digital forms of pictures that can be stored and transmitted by computer. The chance to rebuild Kodak the same way he revamped Motorola thrills Fisher. "To do that twice in my life, that's a big opportunity." But, he adds, "the first order of work will be to % make sure our financial house is in order." As to his financial house, Fisher, who earned $5 million at Motorola last year, could pocket up to $100 million in salary, bonuses and stock options...
...with a U.N. multinational force, but since American troops were coming out rather than going in, he left the detailed work to subordinates. By March, in a hurry to withdraw most of its troops, the U.S. agreed to a Security Council resolution specifying what the U.N. would do to rebuild Somalia while the blue helmets kept security throughout the country. The resolution assigned them some so- called nation-building tasks -- setting up regional councils, for example, looking to eventual nationwide elections. That complex and time-consuming mandate might have set off alarm bells in Washington. But since U.S. forces were...
...There are not resources to rebuild these programs that have been in jeopardy for some time," Stevens said. The decision to eliminate these departments was made after an 18-month study of the School of Arts and Sciences...