Word: sprinting
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...sounds like a man looking for a telephone partner. In an interview this summer in Wired magazine, he hinted that he would love to offer cellular or long-distance phone service to his cable-TV customers. "If I can do a deal with an MCI, or AT&T or Sprint," the magazine quoted Malone as saying, "then I have stronger brands to play with than the ((Bells...
Merger mania continued in the telecommunications industry. Long-distance phone company LDDS Communications proffered $2.5 billion in cash for WilTel, the long-distance unit of Williams Cos. The deal bolsters LDDS's ambitions to challenge AT&T, MCI and Sprint. Meanwhile, AT&T received federal court approval for a $12.6 billion plan to buy McCaw Cellular Communications, the country's largest wireless-phone company...
France's and Germany's state-owned telephone companies will invest $4.2 billion to get a 20% share of Sprint, the third largest American long-distance carrier. The deal is the latest coupling in the matchmaking taking place as companies try to find partners in the race toward the information future. The move will give the European companies a share of the American market. AT&T protested the deal, pointing out that the two companies did not allow foreign firms to enter their markets...
...Sprint, the U.S.'s third largest long-distance carrier, confirmed that it was holding merger talks with France Telecom and Deutsche Telekom, the state-owned telephone companies of France and Germany. Sprint only recently broke off merger talks with Electronic Data Systems Corp...
...really moved on them in the last 200 meters," Hajek said. "If we had another 100 meters in the race, we could have pulled out the win. We're really concentrating on our sprint. We have really developed a strong move for the last little...