Word: sprinted
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Dates: during 1980-1989
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...result of a federal antitrust action in 1982, the monopoly American Telephone & Telegraph Co. enjoys over long distance service is being replaced by a policy the Federal Communications Commission calls "Equal Access." Under this policy, all long distance firms (MCI and Sprint are among the better known) will have access to the same equipment and services from independent local telephone operating companies (like New England Telephone). The consumer, in turn, will be able to choose which firm will carry his call after he picks up the receiver and dials "I". The policy is gradually being implemented across the country, until...
...silicon chips of high technology. Railroads are the third-biggest private users of computers, after airlines and banks. At Burlington Northern operations headquarters, a battery of terminals has replaced a 65-ft. wall display that was formerly used for monitoring the whereabouts of locomotives. Southern Pacific, which developed the Sprint long-distance telephone service and sold it in 1983 to GTE for $740 million, is currently developing another advanced communications system. In a venture with Santa Fe and Norfolk Southern, the company is creating a coast-to-coast fiber-optics network called Fibertrak that can simultaneously carry 300,000 voice...
...Hyundai officials, who have code named it the X car. It will be unveiled in March and is expected to sell for as little as $5,000. That would make it cheaper than the Japanese-made Suzuki (base price: $5,151), a mini sold by Chevrolet as the Sprint in nine Western states and the lowest-priced car in America. The larger car, the Stellar, will begin at $7,000. Hyundai intends to begin assaulting the American market in California, where the Japanese also started...
...break up into eight pieces: a shrunken AT&T, which kept its long-distance network, and seven regional companies to provide local service. The immediate results of the split were increased competition and confusion. Long-distance rates fell by 6% as AT&T battled with MCI Communications, GTE Sprint and other rivals. At the same time, though, the average cost of local service rose by 8%. Customers were befuddled by multipage bills, bewildered about whom to call for repairs and bedeviled by delays in the installation of new telephone lines. Said Jack Reiss, 83, a retired salesman in Harrisburg...
Bricklin is pointing his latest venture at the same bargain-minded crowd that snapped up the Volkswagen Beetle in the 1960s. At 11 ft. 51½ in. in length, the Yugo is 3½ in. shorter than the Japanese-built Chevrolet Sprint, currently the smallest new car available in the U.S., and will cost $1,161 less. Likely customers: students and families who might otherwise buy a used...