Word: telecoms
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Dates: during 1990-1999
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...needs the same, and then some. "AT&T needs someone who can rally the troops beyond their distractions," says Jeffrey Kagan, president of Atlanta consultants Kagan Telecom. Distractions? Long-distance market share is falling, profits are sagging at its credit-card business, and head count is being slashed as the company splits itself into three pieces. For Walter and AT&T, it's remake-it-or-break-it time...
...Telecom standout U.S. Robotics has made a surprisingly strong entrance into the PDA market with the Pilot Organizer, sold by their subsidiary Palm Computing. At the same time, industry behemoth Microsoft is getting ready to jump into the fray with Windows CE, an operating system for PDAs that might bring some interoperability into the market...
Under the law's provisions, executives of offending companies could be barred from the U.S. The heads of Sherritt, a Canadian mining company, Grupo Domos, a Mexican telecommunications giant, and Stet, an Italian telecom firm, have each received letters from the State Department warning that they may soon be personae non gratae...
...YORK CITY: The fallout from the telecom reform bill began Tuesday, as Baby Bell U.S. West took advantage of newly relaxed regulations to buy Continental Cablevision, the nation's third largest cable TV system. The $10.8 billion deal gives U.S. West access to nearly a third of cable homes in the U.S. The deal also may serve as a salve to U.S. West, a Time Warner shareholder that is suing to block Time Warner's proposed acquisition of Turner Broadcasting. Time Warner Chairman gave the deal his blessing in statement: "The strategies of U. S. West Media Group's Atlanta...
WASHINGTON, D.C.: TIME has learned that the White House scheduled the signing of the telecom bill Thursday to coincide with "24 Hours In Cyberspace" (http://www.Cyber24.com), a much-touted exhibition that intends to document the online world in the course of a day through pictures from 150 top photojournalists and material from thousands of volunteers in 31 countries. "They're trying to capitalize on this event, but they're doing it by signing a bill that is opposed by many in online world," reports San Francisco Bureau Chief David Jackson. "Another reason for the White House's eagerness...