Companies must wait until end of '92 to cash in on EC telecommunications
Article Abstract:
The European Community Commission (ECC) and individual national governments must determine their own telecommunication directives before creating a common position for the single European market. Outside telecommunication companies trying to get into the market before it closes in 1992 must wait 'several years' for the final word on regulation from the ECC and 12 member nations. The European telecommunication market is estimated to be between 65 billion and 75 billion European Currency Units, or roughly half the size of the US market. Growth occurs at about 3.3 percent a year, also about half of the US rate. Non-European Community companies attempting to enter the market include US firms MCI Communications Corp, AT and T and Electronic Data Systems Corp, and Japan's Nippon Telegraph & Telephone Corp.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
User Contributions:
Comment about this article or add new information about this topic:
French push to develop videophones in latest high-tech race with Japanese
Article Abstract:
The French government announces plans to compete with the Japanese in the video telephone industry. The French display a prototype of a video telephone that is capable of transmitting voice, data and television-type color images, which they maintain is technologically superior to Japanese video telephones. The new video telephone is part of a wider French effort to compete with the Japanese in the high technology market. Analysts are not certain how much the development costs are for the new video telephone but indicate that the French government has spent billions of francs in related research projects and will continue to do so. French researchers have been working on the video telephone since the 1970s.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
User Contributions:
Comment about this article or add new information about this topic:
LM Ericsson expects to boost 1990 profit by more than 25%
Article Abstract:
L.M. Ericsson Telefon AB's revenue for the 1st qtr of 1990 rose by 30 percent and the company expects 1990 profit to rise by 25 percent. A stock split of five to one is scheduled during Sep 1990. The Swedish telephone switching equipment company, which derives 70 percent of its $6 billion in annual revenue from Western Europe, expects to face difficulties in the 1990s because of falling prices in the world telecommunication equipment market and the formation of a single European market in 1992.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Japanese management: coping with British industrial relations. Industrialization, management education and training systems: a comparative analysis
- Abstracts: Financial software vendors. The use of computer software to improve business communication abilities
- Abstracts: Coulda been a contender. How to lose a lead. Computers, customers and hand-holding
- Abstracts: Corporations, culture, and commitment: motivation and social control in organizations. Managing through networks in investment banking
- Abstracts: Increased environmental uncertainty and changes in board linkage patterns. Board composition and corporate financing: the impact of financial institution representation on borrowing