Europe's phone-gear suppliers aim to cut U.S. lead in Internet equipment
Article Abstract:
Leading European telecommunication-equipment companies are taking measures to raise their Internet-equipment sales. An enormous gap still exists between the European companies and their US counterparts as data traffic is poised to overwhelm the traditional phone networks. European demand for equipment such as hubs, routers and high-speed cable to handle large amounts of data is expected to surpass $13.6 billion in 1998, according to Dataquest. Among the new European business strategies are partnerships, business restructurings and cultivating established relationships with national carriers. The most popular method has consisted of forming partnerships and striving to integrate products with US firms that already have the expensive technology. Siemens, Alcatel, Ericsson and Nokia are among the European companies that have taken action.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Siemens confronts history in takeover; purchase of Eastern German plant creates clash of old and new
Article Abstract:
Siemens AG invests in companies formerly operated by the East German government and finds that though the tax incentives are lucrative, the cultural transition is difficult. Siemens is not only investing in companies, it is also taking a leading edge position in the rebuilding of the East German telephone system. Industry observers note that the maker of telecommunications equipment is being viewed as one of the saviors of East Germany, an image that is particularly advantageous in a country that is trying to reunite itself after decades of political separation. Siemens is developing East German production in a variety of products including heavy-duty electrical cable, communications systems and digital transmission systems for mobile telephones.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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