Wireless phones tap into Web

Article Abstract:

Sprint PCS and Lucent Technologies are set to introduce wireless phones with high-speed connections to the Internet. In June 1999, Sprint PCS will provide Internet access at 14.4 kilobits per second over its nationwide wireless network. Meanwhile, Lucent Technologies will test a wireless system that would give users Internet access at 144 kps. Other companies, such as US West and Qualcomm, will conduct a similar test in April 1999. The technology is believed to be a precursor for the development of a single global standard for the use of wireless phones anywhere in the world.

Telephone Apparatus Manufacturing, Product development, Telephone Sets NEC, Telephone equipment, Telephones, Sprint PCS

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AOL hits $1.3B in revenue

Article Abstract:

Electronic commerce and advertising has boosted America Online (AOL) Inc's revenues to $1.3 billion for the 3rd qtr and profit of $117 million. The recent acquisition of Netscape Communications Corp increases net income to $420 million. AOL also increased global membership to 16.9 million with the addition of 1.8 million new users. The online service provider posted $157 million in advertising and commerce growth, compared to predictions by market analysts of only $140 million.

Sales, profits & dividends, On-Line Information Services, Videotex & Teletext, Internet services, America Online Inc.

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