Word: wireless
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Dates: during 1990-1999
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BUSINESS: Wireless Wars...
...hooking up with Nextel, MCI becomes an instant force in the emerging market for wireless communications. While wireless will not make up the backbone of the information superhighway, whose basic construction material remains fiber-optic or coaxial cable, portable phones, along with pagers and beepers, will be powerful extensions of the electronic network. Companies ranging from AT&T and Motorola to Time Warner and Bell South are racing to develop their own new portable-telephone systems, which will one day compete with existing cellular networks and traditional wall-jack phones. The wireless market is expected to increase sixfold...
...little choice. AT&T's $12.6 billion acquisition of McCaw Cellular Communications, which is still awaiting approval by regulators, put sufficient competitive pressure on MCI that it went out and found its own wireless partner. In an ironic twist, MCI exited the cellular-phone business eight years ago by selling its licenses to McCaw for $120 million. The company is also financially pressed to reduce the $5 billion in fees that it pays to the local Baby Bells for the right to connect to the local telephone network. A wireless system would allow MCI largely to bypass the Baby Bells...
...screen of his Apple Newton palmtop computer in the living room of his Greenwich, Connecticut, home. "Let's make Spectrum a world success," he wrote to Peter Caserta, president of Spectrum Information Technologies. Caserta and his aides, who had come to woo Sculley, then demonstrated how their wireless technology could reproduce the scripted message on a fax machine a few rooms away. As the fax whirred, the former chairman of Apple Computer saw visions of a global wireless revolution and his own role in it. "That's when the light bulb went off in my head," he remembered. Within weeks...
Harvard's Wireless Club, WIAF, is doing its best to help those Harvard students who have not yet contacted their families...