FCC to propose incentives for local phone companies
Article Abstract:
The Federal Communications Commission (FCC) will propose giving incentives to local telephone companies so they will invest in computerized switches and fiber optics. The incentives will allow the companies to depreciate old equipment more quickly, possibly providing hundreds of millions of dollars in revenue. In 1991, phone companies spent about the same amount on new equipment as they were able to write off, $18 million. Under present regulations, companies must lower rates if their profits are too high; but if new regulations allow companies to report higher depreciation, they will be able to report lower profits and keep more money, without lowering their rates. The companies say the new regulations could make them more competitive, but consumers say companies may end up raising rates due to risky investment. The FCC will ask for options for changing depreciation rates. Possible options could simplify the process or allow companies to specify depreciation rates.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
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Building a high-I.Q. house
Article Abstract:
A six-year effort to develop a computer-controlled 'smart house' verges on commercial practicality. Smart houses would save energy, detect electrical problems and scan the premises for intruders. Ultimately, the goal is to set the stage for an entire generation of programmable household systems that are only now being invented. Developers are working on a communications protocol, embedded in a computer chip, which they hope will be adopted by appliance and equipment manufacturers. Efforts are being backed by a consortium organized in 1984 by the National Association of Home Builders, a trade association. The consortium includes home builders, utility companies and household product manufacturers. So far, the consortium has invested $20 million. The for-profit venture overseeing the actual work - the Smart House Limited Partnership - has invested about $40 million.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
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Pentagon picks crystal-display contractor
Article Abstract:
The Pentagon's Advanced Research Projects Agency underwrites a $50 million research project by OIS Optical Imaging Systems Inc to develop and manufacture high technology flat-panel displays for laptops, airplane cockpits and television sets. Contract details are still being worked out. Under the agreement, the state of Michigan will put in $20 million to set up a research and development center at the University of Michigan in Ann Arbor. The cooperative effort represents the national government's initiative toward nurturing private sector efforts. Flat screens, also known as active-matrix liquid crystal displays, are expected to be essential components of high-definition television technology. The US has not been competitive with Japan in this market area.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1993
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