A.T.&T. to provide Ukraine's phone links

Article Abstract:

AT&T, together with the Ukrainian government and PTT Telecommunications of the Netherlands, will develop and manage a long-distance telephone service for Ukraine. The new system will connect cities within Ukraine and will link Ukraine with other countries. AT&T will own 39 percent of this venture, and the Ukrainian State Committee of Communications will own 51 percent. PTT Telecom of the Netherlands will own ten percent. The exact amount that AT&T will invest is not revealed, but the largest part of its contribution will consist of 13 electronic switches valued 'in the tens of millions of dollars.' AT&T's switches will interconnect about 60 percent of Ukraine's population of 52 million. Previously, calls in Ukraine could only be placed via Moscow, using a telephone system described as 'antiquated and overloaded.'

T, Long distance telephone services, Contracts, Investments, Ukraine, Long-distance telephone service, American Telephone and Telegraph Co., Joint Venture, Ukraine. State Committee of Communications, PTT Telecommunications of the Netherlands

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Global markets lure 'Baby bells'

Article Abstract:

Facing restrictions at home, Bell Regional Holding Companies are looking to international investments as a means of increasing profitability. Government regulations in the US prevent the telephone companies from entering markets such as long-distance service, cable television, information services and communications equipment manufacturing. Instead the companies a turning abroad to countries that are selling their national telephone companies as well as licensing cable television and cellular telephone deals. Recently Bell Atlantic Corp and Ameritech collaborated in purchasing New Zealand's telephone company for $2.4 billion, and Southwestern Bell was part of a consortium that purchased Telefonos de Mexico for $1.76 billion.

Privatization (Business), Regional Bell Operating Companies, Telecommunications Service, Expansion, Bell Regional Holding Companies, Privatization, Foreign Investment

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British Telecom is seeking global business; a new venture challenges A.T.&T

Article Abstract:

British Telecommunications PLC will form a subsidiary company called Syncordia Corp, which will be based in Atlanta, GA. The purpose of the subsidiary is to manage communications networks for multinational companies. Syncordia is an attempt by British Telecom to compete directly with AT&T. IBM in Europe is a possible customer. Amadeus, the European airline reservation system, and BP Chemicals, which is owned by British Petroleum, are already signed up. British Telecom had wanted to form a joint venture in cooperation with Nippon Telegraph and Telephone Co and Deutsche Bundespost Telekom. This did not happen, but British Telecom apparently believes that it might happen at some future time.

Management, International business enterprises, Multinational corporations, British Telecommunications PLC, International markets, Telecommunications, Competition, New Company, World Market, Multinational Corporation, Syncordia Corp.

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