Word: telekom
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...about telecoms? The German Economics Ministry is blocking access to the highly lucrative local market (as opposed to the ultra-competitive long-distance market), where Deutsche Telekom holds a virtual monopoly. It is now cheaper to call New York from Berlin than to make a local call in the German capital during peak hours. Hence, watch for the next row with Brussels - over Europe-wide regulations that would open up the telecom industry's "last mile," the one to your home...
...helpful investment it would have been. For instance: Deutsche Telekom (whose network Malone was eyeing) now offers only 760-kilobit bandwidth to private users, whereas in the U.S. they can surf at the speed of 5 megabits. Again the basic mercantilist motto is this: "Don't help the consumer, protect the producer" - by keeping out foreign competition...
...only the hovering presence of Murdoch, but other global TV powerhouses such as John Malone?s Liberty Media that may yet figure in Kirch?s future plans. Last September, Malone bid for six of the nine regional German cable systems that incumbent operator Deutsche Telekom was forced by regulators to shed. He also made a play for Kirch, but withdrew after regulators expressed concern...
...Worst Gamble Europe's big telecom operators are ultimately expected to lay out at least $230 billion upgrading their wireless networks for the latest 3G - or third generation - technology. Trouble is, they don't have that kind of cash on hand, so France Telecom, Deutsche Telekom and others have piled up billions in debt in the teeth of a recession. And, oh yes, nobody's sure when 3G, which is supposed to allow true Internet access via your handset, is really going to work...
...worth of windbreaking work at the front of the field. "When I saw the camera motorcycles pulling up to me, I put on a mask of pain. It was the ideal script, a chance to play a little game of poker. Every time I grimaced, I could feel the Telekom team accelerating," he said after the race. "It wasn't premeditated. It's just a trick we decided to pull during the stage...