Word: telecoms
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...alleged co-conspirator are still awaiting trial. U.S. intelligence has tipped off American businesses when it has learned their competitors have not been playing by the rules--for example, in cases in which bribery threatened to influence the award of a big aerospace contract in Saudi Arabia and a telecom contract in Brazil. But U.S. agencies are reluctant to go much beyond such warnings, out of concern about not favoring one firm over another...
...anyone struggling to understand what has been a remarkable turn in orders for semiconductors and the high-tech equipment needed to make them should take note: products such as cars and medical devices--from pacemakers to hearing aids--are taking up a lot of the slack left after the telecom bust. APPLIED DIGITAL SOLUTIONS' new VeriChip, for example, is injected under your skin and when scanned--say, in the emergency room--gives doctors a complete medical history. The semiconductor recovery won't be complete without renewed demand from traditional users such as CISCO and NORTEL. But if they kick...
...Private-sector jobs telecom giant Verizon will eliminate this year...
...however, DoCoMo's international investments have yielded more red ink than respect. DoCoMo was forced to take a $2 billion write-down for its KPN purchase this past half-year due to the plunge in telecom stocks. It will likely report another hit for its AT&T Wireless investment in the quarter ending March 31. DoCoMo overpaid for its overseas stakes, says Kenshi Tazaki, managing director of consultancy Gartner Japan. "On the other hand, DoCoMo's stock was valued higher then, too," Tazaki says. "At the time they had buying power that, with all the problems they currently face, they...
...riding on DoCoMo's global ambitions. "Our mobile-phone technology is ahead of the rest of the world?for now," says Hiroyuki Arai, a member of Japan's Diet and director of the parliament's telecom policymaking committee. "DoCoMo is our flag bearer. If the company takes its time getting into the global arena, we will lose our lead to American or other foreign companies. Without that kind of commitment from Japanese companies, our economy will never recover." That's drama a mere television show will be hard-pressed to match...