Word: wireless
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Dates: during 2000-2009
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...very much like an iPod - at $250, the 30GB music and video player is the same price as an iPod, only a little larger in size. And, like iTunes, the Zune software combines a media organizer and an Internet music download store. The so-called "iPod killer" additions are wireless connectivity for Zune-to-Zune sharing of music samples, a movie-friendly wide screen, and an "all you can eat" monthly music download plan...
...truck that Tata Motors sells for less than $5,000; it's a runaway success. Purchases of these vehicles are supported by low-interest consumer loans from Tata Finance. Tata's hotel chain is building 200 hotels across India under the Ginger brand, offering air-conditioned rooms with wireless Internet access for 1,000 rupees ($22), one-twentieth of the cost typically paid by business travelers today...
...burning a hole in his pocket from the $2.46 billion sale of his first telecom venture, Esat Telecom Group PLC. By chance, he came upon a small notice from the government of Jamaica announcing that it was opening its local phone market--long monopolized by British telecom giant Cable & Wireless--to competition. At the time, Jamaicans had to wait an average 2.5 years for a landline, and only 4% of the population used cell phones because rates were exorbitant and coverage shoddy. O'Brien promptly plunked down nearly $50 million for a license, and the cell phone start-up Digicel...
...Ricke, the embattled CEO of German telecommunications giant Deutsche Telekom AG, efforts to revive the company's sagging domestic business and boost the share price were just too little too late. Shareholders of Europe's biggest telecommunications company, which also owns the successful American wireless company T-Mobile, have lost confidence in management's ability to stop the dramatic decline in its domestic business, according to people familiar with the situation. One of those big shareholders is the U.S. private equity firm Blackstone Group, which has been exerting American-style, do-it-now pressure on one of Germany's iconic...
...leading candidate to replace Ricke is Rene Obermann, the boyish CEO of T-Mobile, Telekom's fast-growing international mobile phone unit and the fourth-largest wireless carrier in the U.S. Obermann is the candidate preferred by the German government and labor representatives on the supervisory board. But there is some opposition to Obermann's appointment by investors and supervisory board members, who would rather see an outside executive with international experience...