MCI talks to entertainment firms, cable TV concerns about partnerships

Article Abstract:

MCI Communications Corp's efforts to become a broader carrier of communication services has led it to conduct many talks with cable TV and entertainment companies. Other telephone, media and computer companies are conducting talks as they anticipate 'multimedia,' or the marriage of telecommunications, video and computer technologies. Reportedly, MCI has discussed forming a consortium with Tele-Communications Inc, the nation's largest cable provider, that will allow customers to use portable telephones anywhere in the United States. Such a 'personal communications service' would allow cable companies to compete with cellular phone operators while giving telephone companies such as MCI access to a whole new set of local subscribers. MCI, which lacks the deep pockets of AT and T, may sell a stake in itself to a partner.

Planning, Internet services, Cable television, MCI Communications Corp., MCIC, Strategic Planning, Cable Television/Data Services, Entertainment, Diversification

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BellSouth-Cable & Wireless Group picked for $3.2 billion Australia project

Article Abstract:

The Australian government, in an effort to break the state-owned telecommunications monopoly and improve services, grants the Optus Communications consortium - led by BellSouth Corp, and Wireless and Cable PLC - a license to establish and operate a wireless telecommunications network. Optus will invest as much as $4 billion Australian on the project and has, as a part of the agreement, acquired the ailing state-owned satellite service vendor Aussat Proprietary Ltd. BellSouth will spend on its own as much as $3.1 billion Australian over a five year period to set up, run and market a domestic and global network which will compete with the state-owned Australian Telecommunications Corp. Optus operations are expected to be underway by early 1992. Both Wireless and BellSouth own 24.5 percent of the Optus consortium.

Radio & TV communications equipment, Australia, Mergers, acquisitions and divestments, Contracts, Investments, BellSouth Corp., BLS, Regional Bell Operating Companies, Consortia, Optus Communications Proprietary Ltd., Cable & Wireless PLC, Telecommunications, Government Contracts, Competitive Bidding, Bell Regional Holding Companies, Consortium, Aussat Proprietary Ltd.

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