Word: telecoms
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...Devices sporting hard drives may be too complex and expensive for the masses. Most important, record companies must embrace the idea?and so far labels seem concerned that wireless downloading will spread music piracy. For example, earlier this year South Korean record labels and three cellular providers?KTF, LG Telecom and SK Telecom?attempted to reach an agreement over copyright protection for mobile music services, but the effort has been bogged down by infighting...
...reception in a Tokyo hotel when a bouquet on the counter begins to emit gentle music. Has your green tea been spiked? No, the management has invested in a Ka-on, a device from Nagoya-based telecom equipment maker Let's Corp. (www.lets-co.co.jp) that turns any posy into a loudspeaker. The Ka-on (Japanese for flower sound) consists of a vase into which users insert floral designs?the works are hidden in the base. Hook it up to a CD player, stereo or TV, and the Ka-on relays the sound up the plants' stems. According to the company, gerberas...
...networks are, next to government stability and electrical power, perhaps one of the most important services a growing economy needs. Increasing the cost of VoIP in a country or making it illegal will, economists feel, simply reduce the amount of communication that particular country has with the outside world (telecom is apparently, for you ec concentrators, a very elastic good). On the other hand, long-term infrastructure developments like rural wiring and the deployment of higher bandwidth fiber lines—the sorts of projects which Internet cafe owners are in no position to provide and which telecom companies can?...
...best solutions might involve a mix: more liberalism where best, intervention when necessary," he explains. But that mix can seem a bit muddled at times. Behold the believer in free markets. As Finance Minister, on Sept. 1, Sarkozy decided to sell off a €4.6-billion chunk of France Telecom, reducing the government's stake to under 50% for the first time; on Sept. 2 it was finished. Last month he moved to waive inheritance taxes on sums below €100,000 per estate, suspended a 3% corporate tax, and withstood stiff protests from unions to lay the groundwork...
...fined a record €497 million in March for allegedly abusing its dominant market position. Plus, the European Court of First Instance seems intent on rolling back Monti decisions; last week, it ruled that the E.U. had been wrong to block an aborted 2000 bid by WorldCom/MCI, for rival telecom firm Sprint. Some were not impressed during the hearings. "Coming in as an antitrust novice is a very tough exercise," says David Wood, a Brussels-based lawyer for Howrey Simon Arnold & White, "but it was a lame performance. She has to pick up a gear or two." - By Peter Gumbel...