Sprint forms joint venture with Alcatel: purpose is to develop the latest in technology

Article Abstract:

Sprint Corp and Alcatel NV of France are forming the Alcatel Data Networks joint venture to develop, manufacture and market asynchronous transfer mode (ATM) voice-video-data telecommunications network equipment. Sprint will own 49 and Alcatel 51 percent of the new company, which will have $300 million in revenue and 1,000 employees to begin with. The new ATM technology provides hundreds of times the bandwidth of existing telecommunications systems and will allow large corporations and universities to connect their high-speed data networks over public telephone lines. ATM networks may supply private homes with such services as on-demand movies and electronic shopping in the future. Alcatel Data Networks will compete with a similar joint venture formed by AT&T, Stratacom Inc and Cisco Systems in Jan 1993. Alcatel is the world's leading telecommunications equipment manufacturer, larger even than AT&T, while Sprint is a leading supplier of data communications services.

Telephone and telegraph apparatus, Product development, Equipment and supplies, Joint ventures, Telecommunications equipment industry, Telecommunications equipment, Communications equipment, Asynchronous communications, Asynchronous transfer mode, Alcatel N.V., Strategic Planning, ATM

---

Long-distance big 3 emerge from price wars as winners

Article Abstract:

The big-three long-distance telephone companies, AT&T, MCI Communications Corp and Sprint Corp, have stopped competing with each other on price and begun to reap greater profits as prices inch up while costs drop. AT&T reports 2nd qtr 1993 earnings up 8.2 percent to $1.04 billion, MCI up 26.2 percent to $178 million and Sprint up 58.7 percent to $165 million. The brutal price competition that began with the Bell System's breakup in 1984 and brought long-distance telephone rates down some 40 percent has been replaced with friendlier advertising and discount marketing rivalries among the companies. All three have reduced costs significantly by negotiating better network access deals with local telephone companies. They may soon face renewed competition from a different quarter, however. The regional Bell companies have started a campaign to overturn the portion of the AT&T antitrust ruling that prevents them from offering long-distance services of their own.

Electronic computers, Prices and rates, Telecommunications services industry, Telecommunications industry, Telephone companies, T, Long distance telephone services, Market share, Long-distance telephone service, American Telephone and Telegraph Co., MCI Communications Corp., MCIC, Competition, Increase, Telephone Company, Price, Profit Margin

---

Similar abstracts:

• Abstracts: Keeping it interesting. An adventurous maze that leads to learning
• Abstracts: 2 companies confirm venture in video games. A rush to stake claims on the multimedia frontier
• Abstracts: Texas Instruments sees job cuts. Apple to give the public its first look at Newton
• Abstracts: Computers give trucker an edge. Satellite system helps trucks stay in touch. President of Xerox is elected chairman
• Abstracts: Telling who's doing what, with what? Teaching a child all about computers

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