Word: warners
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Dates: during 1990-1999
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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...
...million Total cost to Time Warner, TIME's parent company, of building the stadium in the first place...
...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...