Word: two-way
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...carriers want to use them to connect to customers without having to pay monopoly rates (45 cents on every dollar) to the Baby Bells. And the cable-TV operators need the revenues from wireless telephone to defray the cost of turning aging, one-way cable systems into modern, switched two-way networks. Said Tele-Communications Inc. CEO John Malone last week: "In effect, we are starting a new national telephone company...
...Last July, the FCC netted more than $600 million from frantic betting for new pager and cellular phone "bandwidths" and this week's bidding should push the total value of the auction at over $1 billion. More than two dozen companies are expected to compete for 30 regional licenses to offer a web of more powerful wireless services, such as two-way paging, messaging and faxing. The result of this round and the last one, the FCC says, should be increased competition and lower prices with six companies competing in each region, unlike the two-firm limit on current cellular...
Besides the prospect of a job for Barry Diller, one of the great benefits of the information superhighway is supposed to be interactive television. Now programmers at Cornell University have taken a step toward making two-way TV a reality. Thanks to software dubbed "CU-SeeMe," Internet users can tap into live sound-and-image transmissions with their computers. Better yet, users with video cameras can actually exchange TV images with fellow networkers...
...turbulent world of telecommunications, what seems to be opportunities can often turn into pratfalls. In early August the fcc auctioned off licenses to provide two-way TV over cellular systems. A total of 178 companies submitted winning bids totaling $215 million. Yet nearly 30 of the winners soon defaulted, and the government expects to collect only about $130 million of the original amount...
...Bells team up with Hollywood in the race for two-way...