AT&T picks GE for $250 million satellites job

Article Abstract:

General Electric Co will build AT and T's new communication satellites at a cost estimated at $250 million. Capital Cities/ABC Inc has already agreed to purchase nine transponders on the two new satellites. Television stations usually lease the transponders, and neither company would divulge either terms of the sale or the reason for the purchase. The new satellites, which will be launched in 1993 and 1994, will each contain 24 C-band and 20 Ku-band transponders. The latter frequency is popular with businesses, and AT and T is consciously entering the business communication market with the purchase of the Telstar 4 satellites. The satellites can vary power, providing services such as direct broadcast television that have not been successful previously. Each satellite will last 12 years, and AT and T will probably purchase a third Telstar 4 soon.

Television broadcasting stations, Satellite communications, General Electric Co., GE, Satellites (Astronomical bodies), Manufacturers, Satellites, Capital Cities-ABC Inc., CCB

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BellSouth, LIN agree to merge cellular lines; spinoff, dividend planned; pact may spur McCaw to raise its bid for LIN

Article Abstract:

BellSouth Corp and LIN Broadcasting Corp will merge their properties into what will become the US cellular industry's second largest concern. The merger is still in the planning stages, however, and may provide the impetus for McCaw Cellular Communications Inc to up its bid of $110 a share for LIN stock. McCaw the largest cellular company, currently owns 10 percent of LIN. If the BellSouth/LIN merger does go through, LIN shareholders would own 50 percent of the new company in addition to ownership of the spinoff of LIN's television broadcasting subsidiaries, which includes a $20 per share cash dividend. The transaction is subject to regulatory approval and the approval of federal Judge Harold Greene, a process that could take up to a year.

Mergers, acquisitions and divestments, BellSouth Corp., BLS, Business planning, Spinoffs (Corporate), Mobile Phones, Merger, Spinoff Company, LIN Broadcasting Corp., LINB

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AT&T, NEC make joint bid in Japan on cellular system

Article Abstract:

AT&T and NEC Corp, together with Fujitsu Ltd, are chosen to develop a mobile telephone system for Nippon Idou Tsushin Corp (IDO). According to a spokesperson for AT&T, NEC and AT&T are combining their competing bids so that IDO can build a system with equipment supplied by both. NEC and AT&T are also discussing other cooperative ventures in the Japanese cellular market, and they might bid together for other contracts. NEC and AT&T in combination will present a formidable competitor to other companies in the Japanese cellular equipment market, and to Motorola Inc of the US.

Telephone Communication, Japan, Cellular telephones, Wireless telephones, Telephone companies, Wireless LANs, Telecommunications equipment industry, Telecommunications systems, Telecommunications equipment, NEC Corp., Fujitsu Ltd., Communications Equipment, Telephone Company, Mobile Radio Systems, Wireless Network, FUJIT, Nippon Idou Tsushin KK, NIPNY

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