Word: telegraphs
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...modernization and expansion of the French telephone system was a top priority. The government plans to spend $23 billion on it over the next four years. Since France lacks the technological know-how for the job, Paris has turned to two foreign firms, the U.S.'s International Telephone & Telegraph and Sweden's LM Ericsson. Through a series of complex deals, Thomson-CSF, a big French electronics company (1975 sales: $2.7 billion), will acquire the French subsidiaries of ITT and Ericsson, thus gaining access to their technology and expertise. ITT and Ericsson, in turn, will receive big payments...
...soon as it gets word of a medical emergency, M.S.F. responds. A duty officer at the cramped headquarters scans his file cards and quickly puts together an appropriate team that usually consists of a doctor, a surgeon and an anaesthetist, as well as nurses or paramedics. By telephone or telegraph, the volunteers are found wherever they happen to be in the world; travel and expense money to the site of the mission is provided by relief agencies, airlines or private donors. Special equipment, including surgical tools, resuscitation apparatus, vaccines and about 30 basic drugs-often contributed by pharmaceutical manufacturers...
That command-shouted in 1876 by Alexander Graham Bell and heard in another room by his assistant, Thomas Watson, over Bell's first working telephone, was repeated in Boston last week. The occasion: an American Telephone and Telegraph banquet commemorating the 100th anniversary of the telephone. To demonstrate a century of progress, the teen-age descendants of Bell and Watson who re-enacted the historic moment then placed a call that was transmitted between two modern telephones not by electrical current or radio waves but by a beam of light passing through a hair-thin glass fiber. Proclaimed
Police in Bournemouth, England, are now using an optical system developed by International Telephone and Telegraph to link their radio room with a computer data bank that enables them to keep track of their patrol cars. Fiber-optics circuits are being tested as control systems in U.S. military aircraft and ships; a Japanese power company is using fiber-optics circuits, which are not affected by nearby high-tension lines, to control some of its equipment...
During January and February, 454 dividend increases were announced, v. 226 in the same months a year earlier. Among them: R.H. Macy, Federated Department Stores, Bank of America, Carnation, American Brands, General Foods and Owens-Illinois. The most notable boost was by American Telephone and Telegraph, which has more stockholders (2,923,000) than any other U.S. company. AT&T surprised Wall Street last month by raising its quarterly dividend on each share a dime to 950, double the increase that analysts had expected. A T & T's profits actually declined slightly from 1974 to 1975, but Chairman John...