New wireless phone system introduced

Article Abstract:

Southwestern Bell and Panasonic introduce Freedom Link, a wireless telephone system that functions as a cordless phone in an office and a cellular phone outside. Freedom Link, which costs about $2,500 to install, will be marketed in 54 cities within Southwestern Bell's territory in Apr 1993. Panasonic will sell the product in other cities under the name Business Link. The new telephone system improves on cellular phone technology by allowing companies to set up small radio base stations inside buildings and to link them through the companies' internal phone lines by using a computer. Individuals and small companies may not find the system practical; the basic network equipment starts at about $15,000 while the telephone itself costs $700 each.

Radiotelephone communications, Radio & TV communications equipment, Telephone communications, exc. radio, Product introduction, Product Announcement, Telecommunications services industry, Telecommunications industry, Wireless LANs, Telecommunications equipment, Southwestern Bell Corp., Panasonic Co., Telephone systems, Communications Equipment, Telephone System, Marketing Strategy, New Technique, Wireless Network, Southwestern Bell Freedom Link (Telecommunications equipment)

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Zenith considers sale of television business

Article Abstract:

Zenith Electronics Corp is considering selling its television manufacturing business in an attempt to fight off a proxy battle by Nycor Inc. Nycor acquired 8.2 percent of Zenith stock in the fall of 1990 and has been active in attempting to unseat the television company's board of directors. The television business is considered an integral part of Zenith's long-term strategy, however the company indicates it will seek to serve the interests of stockholders, whatever that entails. Zenith is the only American maker of television sets and has reported losses for every year expect one between 1985 and 1991. Zenith stock closed at $6.875 a share on Feb 5, 1991, unchanged for the day.

Management, Mergers, acquisitions and divestments, Televisions, Investments, Business planning, Divestiture, Television equipment industry, Divestment, Zenith Electronics Corp., ZE, Television Sets, Nycor Inc., NYCO

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Wall Street Hears Pitch for Social Security Plan

Article Abstract:

Treasury Secretary John W. Snow is meeting with securities industry executives in order to garner support for George W. Bush's plan for social security reform. Although the plan would initially increase business for Wall Street firms, analysts are concerned about having to manage very small investment accounts using a government imposed fee structure.

United States, Strategy & planning, Forecasts, trends, outlooks, Public affairs, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Planning, Conferences, meetings and seminars, Securities industry, Beliefs, opinions and attitudes, Public relations, Financial analysts, Company business planning, Company public relations, Social security reform, Industry forecasts, Snow, John W. (American secretary of the treasury), Secretaries of the treasury

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