Word: sprinted
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BERNIE EBBERS WorldCom-Sprint deal looks dead. Who'd really want to be part of a mega-media merger anyway...
...notion of browsing the Web and sending e-mail on something smaller than a Twinkie. But I've always thought carrying a cell phone everywhere you went was silly--just another must-have gadget designed to keep boredom at bay. Factor in the $400 list price from Sprint PCS (or $500 from Verizon Wireless), and this bauble struck me as something I could live without...
...Europeans really trying to keep America down? Monti's staff is telling him that a short list of U.S. Internet companies are poised to own Europe's Internet backbone, and WorldCom and Sprint are high on it. Would it help if WorldCom were a French outfit? Maybe. European business does think nationally first, and officials there may be underestimating U.S. companies' determination to compete with each other. But Monti has a record of being plenty tough on Eurodeals, too, and he has as many detractors among Europe's pols and CEOs as Klein does in Redmond (well, maybe not that...
Mario Monti doesn't necessarily hate America. The European Union's Competition Commissioner, the Joel Klein of the Continent, is Italian, after all, not French. But this week his commission moved to block the WorldCom-Sprint deal and launched an investigation into AOL-Time Warner (parent of this site), and in the past year it has started similar probes into deals by Boeing and Microsoft. Could Monti's evident distaste for American corporate marriages be less about antitrust law than geopolitics...
...landlord wants to keep a small store when he can rent to Sprint with its deep pocket," says G. Pebble Gifford, president of the Harvard Square Defense Fund...