MCI talks to entertainment firms, cable TV concerns about partnerships
Article Abstract:
MCI Communications Corp's efforts to become a broader carrier of communication services has led it to conduct many talks with cable TV and entertainment companies. Other telephone, media and computer companies are conducting talks as they anticipate 'multimedia,' or the marriage of telecommunications, video and computer technologies. Reportedly, MCI has discussed forming a consortium with Tele-Communications Inc, the nation's largest cable provider, that will allow customers to use portable telephones anywhere in the United States. Such a 'personal communications service' would allow cable companies to compete with cellular phone operators while giving telephone companies such as MCI access to a whole new set of local subscribers. MCI, which lacks the deep pockets of AT and T, may sell a stake in itself to a partner.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
BellSouth-Cable & Wireless Group picked for $3.2 billion Australia project
Article Abstract:
The Australian government, in an effort to break the state-owned telecommunications monopoly and improve services, grants the Optus Communications consortium - led by BellSouth Corp, and Wireless and Cable PLC - a license to establish and operate a wireless telecommunications network. Optus will invest as much as $4 billion Australian on the project and has, as a part of the agreement, acquired the ailing state-owned satellite service vendor Aussat Proprietary Ltd. BellSouth will spend on its own as much as $3.1 billion Australian over a five year period to set up, run and market a domestic and global network which will compete with the state-owned Australian Telecommunications Corp. Optus operations are expected to be underway by early 1992. Both Wireless and BellSouth own 24.5 percent of the Optus consortium.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: AT&T tells what caused January's glitch. AT&T cable break shows vulnerability despite era of fiber-optic technology
- Abstracts: Talking telecom: Cable & Wireless's John Davenport tells of his U.S. invasion. Spanning the globe: competition in telecommunications heats up as national boundaries break down
- Abstracts: NCR asks AT&T to alter bid, ensuring $110 a share even if AT&T stock drops. AT&T gets lower-than-expected vote in proxy fight over hostile bid for NCR
- Abstracts: Critics call Comdex show overcrowded. Compaq, battered by fears of slacker growth in earnings, finds fans at its cheaper price
- Abstracts: Intel quickens pace of designing chips; future generation is due a year early. U.S. Microchip makers suspect Japan of dumping, but some see lack of proof