Word: warner
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Armstrong has leveraged his stock's rising value in a series of bold deals, including a joint venture announced last week with the country's No. 1 cable provider, Time Warner (parent company of Time). The deal--which still needs the approval of another Time Warner partner and possibly that of local regulators--would give AT&T exclusive access for 20 years to Time Warner cable systems, which reach 12.6 million subscribers in 33 states. Starting next year, AT&T would provide local-phone service through the same wires that carry cable TV, thus circumventing the regional-Bell local-phone...
...BROADBAND PLAY The merger with Excite is a bid to bring At Home's high-speed service to millions of new customers. Backing of AT&T and cable guys (TCI, Time Warner) is critical...
NEXT MOVE Bertelsmann? CBS? Time Warner? NBC? Microsoft? The bidding starts...
...open-ended and risky mission. In Bosnia, U.S. forces were to be out in a year, but 6,900 are still on the ground after three years. This time three years will be the minimum. Some senior Republicans, including Bob Dole, are for it. John Warner, chairman of the Senate Armed Services Committee, says that since a U.S. general commands NATO, American troops should take part in its efforts "wherever it will be in the world." When you're the sole surviving superpower, that's the price you have...
...female variant is Fifty on Fifty: Wisdom, Inspiration, and Reflections on Women's Lives Well Lived (Warner). Author Bonnie Miller Rubin, a reporter at the Chicago Tribune, interviews 50 well-known women, including Hillary Rodham Clinton, Jane Fonda and Erica Jong, about their lives and thoughts at the half-century mark. The first impulse is to ask what a 50-year-old celebrity can tell me. A lot, it turns out. As syndicated columnist Ellen Goodman tells Rubin, "You don't make it to 50 without having had your head handed to you." Survival, they say, means hanging tough...