Microsoft invests $200 million in Qwest

Article Abstract:

Microsoft Corp. has committed to a $200 million investment in Qwest Communications' stock that will provide a service to businesses using MS software for e-mail or the Internet, electronic commerce or a remote network. The service will allow the two firms to collect a fee based on usage. It approaches the "Windows dial tone" that Bill Gates has envisioned and that would provide a more regular revenue source, easier than having to re-sell software upgrades. The deal makes the Denver-based Qwest more than just a phone line service. How the two firms will split the fees was not disclosed.

Prepackaged software, Wired Telecommunications Carriers, Telephone communications, exc. radio, Telephone Lines in Use, Computer networks, Computer software industry, Software industry, Microsoft Corp., Contracts, Abstract, MSFT, Qwest Communications International Inc., QWST, Telephone systems, Information networks, Resource sharing software

---

British carrier seems to win Airtouch race; Bell Atlantic loses out to a $60 billion offer

Article Abstract:

Vodafone Group P.L.C. has agreed to purchase Airtouch Communications Inc. for about $60 billion dollars. The companies' plan to have an equal number of seats on their board of directors and have stated that Sam Ginn, chairman of Airtouch Communications will be named nonexecutive chairman and Chris Gent, CEO of Vodafone will be named chief executive officer. This merger will create an international telecommunications powerhouse with Vodafone having established bases in England and Northern Europe and Airtouch having bases in the United States as well as Southern Europe.

Radiotelephone communications, Cellular and Other Wireless Telecommunications, Mobile Radio Services, Company acquisition/merger, Wireless communications services, Bell Atlantic Corp., BEL, Vodafone Group PLC, AirTouch Communications Inc., ATI

---

Baby Bell combinations may face stiff conditions

Article Abstract:

The Federal Communications Commission may use it's approval of two pending merger rulings to hasten the pace of market opening by local telecommunications providers. SBC Communications Inc. proposes buying Ameritech Corp. for $56 bil. Bell Atlantic Corp. wants to acquire GTE Corp. for $52 bil. Regulators point to deals they approved before, such as Ameritech's merger with Nynex, where competitors claim that network access for them is proceeding slowly. In these two cases, the FCC may want to see evidence of progress in one or two states, before approving the mergers.

Telecommunications, Telephone Communication, United States. Federal Communications Commission, Economic policy, Deregulation, Regional Bell Operating Companies, Industry legal issue

Similar abstracts:

• Abstracts: Merrill Lynch to pay $2 million in Orange County case. Panel clears overhaul bill on banking
• Abstracts: British Air splits orders, with Airbus besting Boeing. British Air likely to buy Airbus planes. Thomson Multimedia finds friends with deep pockets
• Abstracts: Microsoft aquires firm in bid to bolster Windows NTabilities
• Abstracts: Microsoft defends methods as common for its industry. Microsoft defense strategy starts to come into focus; attack on even minor points of U.S. case
• Abstracts: Microsoft finds silver lining in Tokyo reprimand. Is Mr. Gates pouring fuel on his rivals' fire?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.