AT&T seeks to use Soviet satellites for East-West calls
Article Abstract:
American Telephone and Telegraph Co proposes using Intersputnik artificial satellites, which are operated by a consortium of 15 Socialist countries, to provide 150 additional circuits between the US and the USSR. Currently, there are only 32 circuits. Phone communications between the two countries has not been as reliable as between the US and Western countries, and the problem is now more acute than it was. Satellite capacity has flattened, but phone traffic between the US and the USSR is almost 2.5 times what it was in 1987. AT and T's proposal needs the approval of the FCC and the State Department. There is a potential problem: satellite traffic from the US to the USSR travels over the system of satellites owned by the International Telecommunications Satellite Organization, called Intelstat, which is guaranteed a percentage of AT&T traffic. Intelstat, so far, declines comment on AT and T's proposal.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1989
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US Sprint subsidiary and Soviet agency form data-services venture in U.S.S.R
Article Abstract:
US Sprint Communications Co agrees with the Soviet Ministry of Posts and Telecommunications to form a new venture - Sprint Networks USSR - to provide data communications services in the Soviet Union. Ownership of the new company is split evenly between Sprint and the Soviet agency. The venture will start operating a switching center in Moscow by the 4th qtr of 1990. High-speed data communications services will be provided, both domestically and internationally. This contract broadens Sprint's European penetration: Sprint already has built several public-data networks in Western Europe and has been trying to strengthen its presence in overseas markets against the dominance of AT&T. Sprint filed applications, in Mar 1990, to export its technology. A spokesperson says the company is confident that the application will be approved.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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AT&T's Walter failed to court the one man who counted: Allen; the two never grew close, and CEO began airing his concerns to the board; a new, tougher job search
Article Abstract:
AT&T's former president, John R. Walter was ousted from the company after failing to gain the approval of Robert E. Allen, the company's CEO. One of Walter's conditions when he agreed to become AT&T's president in the fall of 1996, was that Allen must retire early and allow him to assume the reigns. This situation caused tension between the gentlemen from the first. Added to this was Walter's decision to not court the favor of Allen. His miscalculation was in underestimating the amount of influence Allen still has over the board. Years of bad investments and numerous competitive misfires have tarnished Allen's reputation. Walter however, was receiving increasingly good coverage from the press and appeared to be gaining power within the company.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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