Word: wireless
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Dates: during 2000-2009
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Giant IPOS are usually a sign of good, or at least frothy, times. The current record haul for a U.S. IPO, $10.6 billion, was reaped by AT&T Wireless in April 2000--just after the great tech-stock bubble began to deflate but before anybody realized it. (The world-record holder is and apparently will remain the Industrial & Commercial Bank of China, which raised $21.6 billion...
...Welcome to cold, snowy, and decidedly rural Hamilton, New York, where the Harvard Crimson will be taking on the Colgate Raiders. My esteemed colleague, Karan Lodha, was all set to bring you this live blog, until his computer's wireless capabilities went caput. Fate, it seems, has dictated that I will be with you this evening, and I think it's safe to say we are all better...
...million acres (420,000 hectares) of land that IR owns along rail lines and around stations and shunt yards. Real estate developers are currently bidding to overhaul the first of 16 major stations. At New Delhi's central station, which is likely worth billions of dollars, developers plan hotels, wireless Internet services and food courts...
...this race. They don't have the advantages of the Bell culture, but they aren't trapped by it either." Google could benefit by controlling their own wires, which could potentially mean huge profits down the road and direct access to their customers - a safety net against any wireless carrier whims...
Regardless of who ultimately wins, the auction has already prompted a serious restructuring of the way wireless carriers offer services to their customers. In August, the FCC backed Google's crusade (spawned by a paper written by Tim Wu for the New America Foundation calling for open networks) and mandated that the auction's largest available spectrum, the C block, be an open network if the bid reached at least $4.6 billion. (Some analysts predict Google will bid just enough to trigger the open-network provision, and no more.) That would mean customers could use any wireless device, handset...