'IP' sales: the Internet can still coin money
Article Abstract:
Internet protocol network services, which combine data, voice, the Internet and private networks, have become the fastest-growing segment of the telecommunications industry, and are proving resistant to the industry's downturn. The robust demand for such services is due to the promise of higher productivity and lower expenses for business clients. Thanks to 'IP' services, Finland Post's call center's workers have increased the number of calls they handle by 500,000 a year, while the center's expenses for telecom equipment have plummeted 41%. Further savings have been achieved by spreading the office over three separate - and less expensive - locations.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2001
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Phone giants team up to challenge Microsoft
Article Abstract:
Nokia Corp, L.M. Ericsson Telefon AB, and Motorola Inc. have joined Psion PLC to develop software for smart phones. In a challenge to Microsoft Corp, the four companies said they would produce an operating system based on Psion's technology through a new company, Symbian Ltd. Symbian, which includes Psion's former software arm, will be 40% owned by Psion and 30% owned by Nokia and Ericsson which will each invest around $48 million. After Motorola joins, the three equipment makers will own 23% of the new company and Psion will own 31%.
Comment:
Nokia Corp, L.M. Ericsson Telefon AB, Motorola Inc. and Psion PLC have formed Symbian Ltd. to develop software for smart phones
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Paper firms join in Europe, creating giant
Article Abstract:
Stora AB of Sweden and Enso Oyj of Finland announced that they will merge to form the largest forestry-products group in Europe. Both companies are giants in the European paper industry. In 1997, Stora posted 44.5 billion Swedish kronor ($5.69 billion) in sales, while Enso posted 43.1 billion kronor. The merged group will be called Stora Enso and will be principally owned by Investor AB.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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