Word: telecoms
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BEFORE THE BRITISH MONARCHY IS CANCELED, as a chorus of antagonists is calling for, there is one way to strengthen the royal family and make it cost effective. Let Disney acquire it. This would continue the string of privatizations--including British Gas, British Telecom and British Airways--that were successfully engineered in the Thatcher...
...like Disney, Time Warner, and TCI? Raising that question in Thursday's New York Times, columnist William Safire reports that Senate Majority Leader Bob Dole told him that the sweeping telecommunications reform bill, already passed by the House and Senate and now in conference to resolve differences, effectively loans telecom giants immensely valuable new digital bandwidths worth an estimated $70 billion. "This is a big, big corporate welfare project," Safire says Dole told him. "Here we're cutting Medicaid and doing all the painful things while we lend them the spectrum for 12 years. Why shouldn't they...
...reveal France's negotiating position on world-trade talks, when Washington was pressing Paris to lower agricultural subsidies and open its television-broadcast market to U.S. programs. Another senior official in the Ministry of Communications was offered cash for intelligence on telecommunications and audiovisual policy. A technician for France-Telecom, the French telephone network, was also recruited. All three immediately notified the DST, which ordered them to play along with the Americans to lay a trap, said Le Monde. Guided by the DST, the Telecom technician continued to feed documents to his CIA handlers until a few weeks...
...like the beetle, minitel is in danger of becoming outmoded. With monthly Minitel fees rising just as PC prices are starting to plummet, some users are turning to multimedia vehicles that can connect them with the Internet, or to more varied commercial services. France Telecom is struggling mightily to keep its Minitel lead, partly by forming strategic alliances with foreign communications groups (including AT&T, Sony, Motorola and Apple), but the French effort, like others in Europe, is burdened by the weight of the European Union's burgeoning bureaucracy, which is increasingly inserting barriers across the Continent's communications throughways...
...post-mortems for the recently deceased telecommunications deregulation bill indicate the convergence of the cable and phone industries will proceed, although at a slower pace. The legislation, S. 1822, would have allowed major players in the telecom and cable business to compete in each other's territories, and would have sped up the development of the i-highway. But Senator Ernest Hollings (D-S.C.) was forced to pull the plug after Republican Robert Dole of Kansas broke a tenuous congressional consensus and came out against the bill. The legislation had significant goodies for consumers, says TIME Washington Correspondent Suneel...