Group of 7 defines policies about telecommunications
Article Abstract:
Representatives from the seven largest industrial countries held a meeting on Feb 26, 1995 in an attempt to reach agreements about the development of a global information network. The Group of Seven, as the countries are referred to, agreed to a series of broadly-worded concepts regarding intellectual property rights, data security, competition and deregulation. Some analysts had worried that France and Canada would attempt to establish trade obstacles to their respective telecommunications industries for fear that the American telecommunications industry would take over. Britain and Sweden are the only countries with open telecommunications markets. However, the meeting was more conciliatory than analysts predicted and even French officials released a joint statement that expressed an interest in an aggressive free market approach to telecommunications development.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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Rich, 82, and starting over: thinking wireless, John Kluge builds his next empire out of thin air
Article Abstract:
Successful entrepreneur John Werner Kluge plans to make his company, Metromedia International Group, into a primary provider of wireless cable television and telephone service for Russia, Eastern Europe, the Baltic states and China. Metromedia has been acquiring licenses in these countries for wireless cable, paging and international toll calling. Despite the potential revenue, establishing communications services in these new markets presents several difficulties. Many governments require foreign companies to form partnerships with local companies before providing communications services. Metromedia faces competition from larger communications companies such as France Telecom and Motorola. In addition to its wireless cable services, Metromedia plans to provide wireless local loop telephone service, based on a new technology using fixed signals beamed from towers.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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Germany's telephone pie is just too big to pass up
Article Abstract:
Telecommunications are competing to claim a part of the German telecommunications market when that market is freed from government regulation in 1998. BellSouth is forming a partnership with the German steel company Thyssen to compete with the state-operated Deutsche Telekom. British Telecommunications PLC and Viag AG are forming a joint venture to develop voice and data transmission services for corporations. Daimler-Benz Aerospace and Northern Telecom are forming a partnership to compete, as well.The strategy is for foreign-owned companies to partner with large German companies that have substantial assets and access to the German consumer market. The German market is representative of the competition that will occur across Europe as most of the countries in the European Union, including France, Spain and Italy, move towards deregulation by 1998.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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