Indonesia is expected soon to award big contract to improve phone network
Article Abstract:
Sources say Indonesia will soon announce the winner of a $300 million contract to help modernize the country's inadequate phone system. Five companies submitted bids for the contract, but according to sources, the winner will be one of three companies: NEC Corp, Fujitsu Ltd, or AT and T Network Systems International B.V., a partially owned subsidiary of AT and T. The winner will supply digital-switching equipment for 350,000 new lines and will be in position for repeat orders that could place the long-term value of the contract at nearly $2 billion. Siemens AG won a similar contract in 1982 and was barred from bidding this time because the Indonesian government wanted a second supplier. The current situation in Indonesia, with only six phones for every 1,000 people, threatens to strangle the country's economic prospects.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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Big phone contract presents Indonesia with tough choice
Article Abstract:
Indonesian President Suharto must soon make a decision awarding the country's $300 million telecommunications project contract to either NEC Corp or a Dutch division of AT and T. The winner of the contract will reap considerably more than the $300 million figure because the winner will be in position to receive future equipment and service deals. The bidding is turning into a showdown between US and Japanese interests, and lobbying efforts are reported to be intense. Although no threats of retaliation have been made, President Suharto cannot help but feel the pressure. Japan is by far Indonesia's largest source of aid and investment, with aid exceeding $2 billion in both 1988 and 1989. On the other hand Indonesia is dependent on the US for defense, as well as on America's huge market for exports.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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AT&T is working to erase its name from uncertain venture's sales pitch
Article Abstract:
AT&T is trying to keep Michael Kaplan's International Communications Group company from using AT&T's name in its marketing and promotion efforts. AT&T agreed to provide long distance services to Kaplan's company in 1990. Kaplan used AT&T's affiliation to promote his company and help sell cordless pay phones found in hotels and restaurants. After earning several hundreds of thousands of dollars, the company filed for bankruptcy-law protection. Several people who bought into the company and several creditors filed a petition charging Kaplan with fraud and misrepresentation. AT&T has refused to renew its contract with the company, but Kaplan continues to use the name in his promotional materials. AT&T is seeking ways to stop Kaplan from using AT&T's name in newspapers advertisements.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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