Word: telecoms
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...then Washington is its central nervous system. Spread along, around and mostly under Techtopia's main drag, the Dulles Toll Road, are the vital electronic pathways--wires, cables and fiber-optic lines--that carry more than half of all traffic on the Internet. The region is home to more telecom and satellite companies than any other place on earth. The Washington area boasts a higher concentration of people who use the Internet at home and at work than any other urban area in the world. That makes northern Virginia America's main IT node a strategic target as important...
...Sommer has fumbled a string of proposed corporate marriages. Last year he failed to pry Qwest Communications loose from a merger with US West. Before that he tried to merge with Telecom Italia but lost a humiliating battle to a much smaller Italian rival. In the process, Sommer managed to alienate his partners at France Telecom, torpedoing a four-company alliance...
...Europe's longest-running business soap operas: Will German phone giant Deutsche Telekom finally take the plunge in the U.S. market? Ron Sommer, who heads the $200 billion company, needs a U.S. beachhead to make his former monopoly a global telecom player. And he has $100 billion for acquisitions burning a hole in his pocket...
...last year, sprinted those eight miles, all of Europe had to accept that the Texan would be the first repeat champion since Spain's Miguel Indurain in 1995. "We know who the winner is already. No one can fight him," said Walter Godefroot, director of Ullrich's Telecom team. The only one not admitting the Tour is over is Armstrong, who on Tuesday refused a Champagne celebration suggested by his teammates...
...look what Jospin's government has accomplished since coming to power in June 1997. He has totally or partially privatized more state-owned companies than his conservative predecessors, including such behemoths as Thomson Multimedia, Air France and France Telecom. France's economic growth this year is projected by some to exceed 4%, the strongest performance of any major European country. Though France was slow to plug into the Internet, it is quickly closing the gap, and its burgeoning New Economy could account for as much as 20% of all French production this year...