Word: telecoms
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...sale that has the potential to create a seismic shift in the telecommunications landscape. The powerful band of prime cross-country airwaves, which is currently being used for analog TV broadcasts, is due to free up by February 2009 when TV goes fully digital. So, if ever a new telecom player were to carve out a piece of the lucrative nationwide wireless pie, now would be the time. "This is the last auction of any magnitude the FCC will do for the foreseeable future," says Rebecca Arbogast, analyst with financial-services shop Stifel, Nicolaus...
...bitterest point of contention for Democrats will be the same question that divided them last summer: immunity for telecom companies that complied with Bush Administration requests for access to American phone and e-mail traffic without warrants after 9/11. After news of the Bush program broke, civil liberties groups brought cases against the companies, and since then the telecoms have in some cases refused to help the U.S. intelligence community further. Bush has said he will veto any bill that doesn't grant the telecoms immunity. The Democrats are split on the issue. Smart money bets the Democrats will cave...
...invasion, was optimistic that the government the Ethiopians installed - the Transitional Federal Government (T.F.G.) - would make progress towards national reconciliation. If that could be accomplished, the U.N. and other agencies might feel safe enough to restart the substantive humanitarian assistance Somalia required. International business, led by enterprising Chinese telecom investors, was even probing Somalia's financial prospects. Might Somalia, left to fester in bloody chaos for so long, finally be rejoining the world...
...stump speech: the lime green laptop with a toy-like design that Negroponte carries with him everywhere. Throughout the day, he spoke to three packed auditoriums, and met with officials at the U.N.'s Rome-based Food and Agriculture Organization, the Vatican's Pontifical Academy of Sciences and Telecom Italia. In between, he taped an interview at Vatican Radio, lunched with two top advisers to Italian Prime Minister Romano Prodi, reviewed strategy with his own staff and fielded a proposal to distribute the computers in Florence and some of its 20 sister cities around the world. Prodi has committed Italy...
...Arroyo's critics, the timing of the pardon is suspect. The day before it was announced, a whistle-blower testifying in the Senate about the telecom deal alleged that her husband, Jose Miguel "Mike" Arroyo, was supposed to get $70 million in kickbacks from the now-canceled contract. (He has denied it). For Arroyo, this is an opportune time to change the subject...