Fiber optics at home: wrong number?
Article Abstract:
The cable television broadcasting industry expresses concern about the US Federal Communications Commission's move toward allowing telephone companies to carry television broadcasting over telecommunication cabling. Although much of the US is still wired with copper, which cannot carry a television signal, the cable industry predicts accelerated installation of fiber optics at consumers' expense. It costs about $800 per household to install copper wiring and about $3,000 for fiber optic cables. Industry analysts suggest that the trend is indeed toward fiber optics, but that complete conversion is unlikely until about 2025. Only about three percent of the existing copper wiring is replaced with fiber optic cable each year. Others in the industry acknowledge the cable television vendors' concerns, expressing doubt that ordinary households need the capacity of fiber optics or the flood of information that may accompany it. No one debates the technical advantages of fiber optics as far as durability and improved signal carrying.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
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Those giving the word also suffer in layoffs
Article Abstract:
Nynex, the parent company of New York Telephone and New England Telephone, is in the process of laying off about 3,400 people over a two-year period. The telecommunications company took a $550 million charge against earnings in Nov 1991, 70 percent of which went to severance wages and other work force reduction expenses. Three Nynex executives, Donald J. Sacco, Daniel C. Petri and Christine A. Killorin, talk about the pain they suffer when they have to inform employees of their impending layoffs. Nynex has offered early retirement benefits four times but not enough people did so.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
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