Word: telecoms
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...form one British cable provider, with 4.7 million subscribers, that could compete with Rupert Murdoch's popular British Sky Broadcasting (BSkyB) satellite-TV service. Lately Malone has been making a play for NTL's Swiss cable subsidiary, Cablecom, as well as Dutch cable concern Casema, owned by France Telecom. A cable provider in France, NC Numericable, may also be up for grabs...
...that were not enough, there are entrenched telecom monopolies, local media companies and wary regulators to contend with. Malone learned that lesson the hard way earlier this year in Germany, when powerful private broadcasters like RTL and public providers such as ARD and ZDF did their best to block him. "A scheme in which one player controls the heart of TV's infrastructure is against open competition," says Didier Bellens, CEO of RTL Group, which is controlled by Bertelsmann. Given that kind of opposition, it wasn't surprising that after spending months negotiating a deal to purchase six of Deutsche...
...Just two years ago the telecom was trading at $64 a share. Today, you could purchase a piece of WorldCom for 21 cents. Nobody was buying, though, as the stock didn't even open for trading...
...Over the past five years, TIME chronicled the rise and fall of WorldCom and the man who built the company from a small Mississippi operation into the second-largest telecom in the U.S., Bernie Ebbers. Complete coverage from TIME, CNN and FORTUNE below...
...TIME: The Rise And Fall Of Bernie Ebbers A bar bouncer turned telecom billionaire, he's now out of a job and $366 million in debt. But he still has faith 5/13/02...