AT&T, H-P plan software and gear to widen high-speed data services
Article Abstract:
HP and AT&T's Network Systems unit have signed a broad memorandum of understanding to jointly develop and market hardware and software products for high-speed data transmissions, a move that aims to beat rivals to the payoff in the fast growing Internet market. The cooperative agreement will not involve any equity swaps or the establishment of a joint-venture. Instead, the companies will combine their best technologies in a jointly-marketed product line. The package will include hardware from HP such as cable modems, computer systems and test equipment. AT&T will provide software products and switching and transmission equipment. The product line will be targetted at cable and telephone providers. Both companies are betting that the future of the Internet market will focus on massive computing power at the network level and dumb terminals in the home.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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AT&T and MCI explore local alliances; long-distance foes discuss joint cost-saving effort to attack Bells, others
Article Abstract:
Long-distance telecommunications rivals AT&T and MCI are attempting to combine critical resources in vital geographic regions in order to gain leverage in their competition with RBOCs and entire local markets. Officials from both companies anticipate the ultimate consummation of an agreement. This is because the estimated $20 billion cost of creating an adequate telecommunications infrastructure is more than either company wishes to pay alone. Analysts suggest a joint agreement will provide both MCI and AT&T greater access into the Bell-monopolized local markets without as substantial a cost, allowing them to lease the phone lines to independent carriers. Analysts further suggest that the recently adopted telecommunications reform law may lead to numerous such unusual agreements.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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