Talking telecom: Cable & Wireless's John Davenport tells of his U.S. invasion
Article Abstract:
Cable and Wireless PLC wants to expand its telecommunication services in North America to 1 percent of the long-distance telephone service market. As corporations seek single suppliers for all their international telecommunications needs, Cable and Wireless offers Planet, a network that provides videoconferencing and high speed data transmission. Its Worldwide Services unit, which employs about 100 people, manages network facilities for corporations. The Private Transatlantic Telecommunications fiber-optic cable and other systems will eventually provide a seamless network connecting users to the main economic centers of the world. Although government regulations limit Cable and Wireless's ability to introduce new services or change tariffs and put it at a competitive disadvantage in the US, the company is buying TRT/FTC Communications Inc from Pacific Telecom Inc and expects North American business revenue to grow by 20 percent. It currently has 0.6 percent of the US long-distance market, compared to AT&T's 65 to 70 percent.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Spanning the globe: competition in telecommunications heats up as national boundaries break down
Article Abstract:
Telecommunication companies compete for international business using strategies that range from upgrading equipment and technology and improving customer service to consolidating and lowering prices. International corporate communications, including voice, data and teleconferencing traffic, is growing at a rate of 15 to 20 percent annually, about double the 7 to 9 percent domestic growth rate. To increase their market shares, corporations spend more than $100 billion a year on such new equipment as digital switches, fiber-optic lines and networks that can transmit voice and data. Telephone carriers offer sophisticated billing systems, negotiate for overseas transmission lines for domestic clients, improve response time and reduce prices. Poorer national carriers are consolidating because they are not strong enough to compete in a global telecommunications market.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Comment about this article or add new information about this topic:
- Abstracts: AT&T, Cable & Wireless suspend talks on global telecommunications alliance. AT&T's computer business is planning to build sales partnerships in Europe
- Abstracts: FCC pushing phone service that delivers cable TV. FCC drops rule that Bell companies set up units for information services
- Abstracts: Three giant phone firms plan venture to offer joint service to multinationals. NTT unit to vie with U.S. firms in data communications services
- Abstracts: U.S. may loosen proposed rules on the export of supercomputers. IBM is granted approval by India for joint venture
- Abstracts: IBM's net income for the first quarter hit high end of analysts' expectations. Fujitsu will invest $40.2 million in Hal Computer, a start-up firm