New threat to phones

Article Abstract:

Norweb Communications has developed data transmission technology which allows power lines to be used by electricity supplies for data transmission. This technology offers faster speeds than modems and provides an alternative to phone lines, threatening British Telecommunications' monopoly. A pilot project is being carried out in north west England in 1998 and expansion is planned into mainland Europe and Asia. The patents are jointly owned by Nortel and Norweb.

Product development, Telecommunications services industry, Norweb Communications

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Inmarsat pulls GBP2bn float

Article Abstract:

UK maritime satellite company Inmarsat has postponed its GBP2 bil flotation indefinitely. The deal is the latest in a series of flotations, mergers and takeovers to be put on hold following the terrorist attacks on the US.

Satellite Communications, Satellite Telecommunications, Acquisitions and mergers, Statistics, Securities, Satellite communications services industry, Going public (Securities), Initial public offerings, Inmarsat

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Tornado

Article Abstract:

Tornado is likely to benefit from several deals prior to Christmas 2000. The company is still trading at a loss.

Management, Data processing services, Tornado

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