Word: telecoms
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...stability allows economic and industrial development to begin in earnest. Exchanges between the two countries now stand at a modest $250 million per year; but that might be boosted as a result of a trip on which Sarkozy was accompanied by officials from construction firms Lafarge and Vinci, France Telecom, Aeroports de Paris, and Alstom...
...strong finish. China is a case in point. Its GDP has grown at a rate of about 10% a year for a decade. The government has done whatever it needed to do to keep the economy on track. It has underwritten the build-up of the manufacturing sector, the telecom and electric infrastructure, and a large and complex financial system. It has also sold parts of the nation's largest companies to the public to give the companies more access to capital. The communist central government says it will put about $585 billion into the domestic economy in order...
...luring consumers into dangerous amounts of debt. Last October, Senate majority leader Harry Reid took the unusual move of overriding a Democratic hold on a bill after Dodd tried to block an extension of President George W. Bush's warrantless wiretapping powers over concerns from the left about granting telecom giants retroactive immunity for working with the Administration. Most notably, Dodd, against the wishes of the White House, slipped into the stimulus bill tough limits on compensation for Wall Street firms accepting additional federal bailout money. The restrictions were tougher, and more far reaching, than anything Obama had pushed...
...sales at telecom firms are hitting two walls. (See pictures of the history of the cell phone...
...subscribers beginning last April as part of a trial rollout of the homegrown platform. But the service was plagued by complaints of dropped calls and poor reception, boding ill for its chances of competing against established, reliable standards operated by its two smaller rivals, China Unicom and China Telecom. BDA projects China Mobile's share of subscribers will plunge by 9% over the next four years, primarily because of its 3G handicap...