Abstracts - faqs.org

Abstracts

Business, international

Search abstracts:
Abstracts » Business, international

Two wobbly titans

Article Abstract:

The two biggest telecommunications companies each had problems in mid-July 1997. BT's planned merger of American long-distance company MCI was derailed when MCI estimated its 1997 losses at $400 million. Much of MCI's difficulty lies in its relations with regional telecommunications firms, the 'Baby Bells,' which have been protective of their market share. MCI invested an estimated $2 bil in building its networks in 23 cities. AT&T announced its leader of 36 weeks, John Walter, would leave the company, taking a $32 million severance package. AT&T will search for a new leader, preferably one with telecom experience.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
Planning, Officials and employees, Mergers, acquisitions and divestments, AT&T Corp., T, Appointments, resignations and dismissals, British Telecommunications PLC, MCI Communications Corp., MCIC, Walter, John R.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


The gate to the home: even Internet surfers have to loop the local loop

Article Abstract:

Most Internet connections travel over telephone lines, and this has widespread ramifications for telephone companies and consumers. Some countries allow unlimited traffic for one price, while others charge per minute. Telephone companies are generally profiting from the new business.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
Telegraph & other communications, Production management, Economic aspects, Internet, Internet service providers

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Down with distance

Article Abstract:

The number of telephone companies offering international long-distance service has increased from around 190 to around 5,000. This increased competition along with technology improvements should lower rates. Details about the rapid changes in this market are examined.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
Telephone and telegraph apparatus, Telephone Apparatus Manufacturing, Long Distance Network Equip, Long distance networks, Long-distance telephone service

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Telecommunications services industry, Telecommunications industry, Long distance telephone services, International aspects
Similar abstracts:
  • Abstracts: From circuits to packets: will the Internet steal the telephone business? Ready, steady ... whoops
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.