English lessons; if Britain is any indication, telecom competition will happen--but slowly
Article Abstract:
London's telephone market is perhaps the most competitive in the world, but new phone companies are digging up the city's streets to put in new lines at such a rate that the city has had to place limits on the digging. Britain is leading in Europe's effort to deregulate the telephone market and increase competition. The European Union has set a 1998 deadline for opening up these markets, but other countries are lagging behind. They are learning it takes a long time to develop the infrastructure and opening a market to competition can be a slow process. However, competition in the British market has lowered business telephone rates by 40% in the last three years and cable TV companies are signing up customers for their residential telephone services at the rate of 50,000 per month. Competition has transformed British Telecommunications PLC from a company known for its poor service and bad attitude into a highly-effective operation.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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TV networks' ad-selling season may be one of strongest in years
Article Abstract:
For the Sept 1999 through May 2000 season, 'upfront' advertising revenues may be up for the four television networks, ABC, CBS, NBC, and Fox. Last year ad sales were $6 bil. Forecasts call for a 7 to 9 percent increase. Upcoming events contributing to rising demand include: the year 2000 presidential elections, the advent of the year 2000 itself, the 2000 Winter Olympic games, and Internet-related businesses wanting to build brand recognition. Cable companies continue to gain market share from broadcast networks. Analysts predict losses for 3 of the 4 networks in FY 1999.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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