Telecommunications industry
The Washington Post Company has sold nearly its entire stake in American Personal Communications (APC) to APC, Inc., and the Sprint/Cable Venture, a partnership among Sprint, TCI, Cox, and Comcast. This sale allows APC to proceed with building and operating a personal communications services (PCS) system in the Washington-Baltimore
Cable television broadcasting industry
Century Communications Corp., a telecommunications company with a broad range of operations including cable television, radio, and cellular services, announced that it would cease trading on the American Stock Exchange effective January 4, 1995. The company's Class A Common Stock would instead be quoted on the NASDAQ National
Cable television broadcasting industry
Transworld Telecommunications Inc. has announced the termination of discussions with Videotron USA Inc. regarding the reorganization of their joint venture. The decision follows a preliminary agreement signed on September 16, 1994, to combine the assets of Wireless Holdings Inc. and Videotron Bay Area Inc. into a single entity. Despite the
Cable television broadcasting industry
Rogers Communications Inc. has sold its Maclean Hunter Canadian printing operations for about $120-million, as part of its $3.1-billion takeover of Maclean Hunter Ltd. The Toronto-based company has retained Maclean Hunter Publishing Ltd., which will sign a long-term printing contract with Maclean Hunter Printing Ltd. to continue printing its
Cable television broadcasting industry
Shaw Communications Inc. has made significant strides in the Canadian broadcasting landscape with the approval of the exchange of cable systems between Shaw and Rogers Communications Inc. This deal, approved by the Canadian Radio-television and Telecommunications Commission, marks a major milestone for Shaw as it adds approximately 143,000 new
Football teams
Jimmy Johnson, the former Dallas Cowboys coach, has decided against returning to coaching next season and will sign a three-year contract extension with Fox Sports instead. According to the Dallas Morning News, Johnson had narrowed his choices to either coaching the Philadelphia Eagles or returning for a second season with
Cable television broadcasting industry
International FiberCom Inc. has announced a major breakthrough in its expansion into the international market. The company's wholly owned subsidiary, Kleven Construction Inc., has signed an $8.0 million contract with Telecab S.A. de C.V., the third largest cable operator in Mexico. This contract will provide
Cable television broadcasting industry
Attendees of the Western Cable Show in Anaheim, Calif. were left with a sense of unease as industry experts cautioned that the rise of Digital Satellite System (DSS) dishes could redefine the cable television landscape. Vice President of the National Cable TV Cooperative, Frank Hughes, predicted that DSS dishes would
Cable television broadcasting industry
DirecTV's customers have shown a high level of interest in the STARZ! premium service, with initial telemarketing efforts resulting in a successful close-rate of over 60% on DirecTV's Total Choice programming package. The Total Choice package, which includes Encore's entire Thematic Multiplex service of
Cable television broadcasting industry
In a groundbreaking agreement, AT&T Network Systems and Cablevision Systems Corp. announced their collaboration to provide an end-to-end digital video solution for commercial deployment of enhanced pay-per-view (EPPV) and video-on-demand (VOD) services to Cablevision subscribers, starting in mid-1995. Cablevision, the fifth largest cable television service provider in the
Telecommunications industry
Telecom and News Corporation have thrown down the gauntlet to their pay TV rivals with a $3.5 billion plan to provide cable to most of Australia over the next four years. Telecom will sharply accelerate its existing cable plan to service four million homes, more than two-thirds of all
Telecommunications industry
Telecom Australia has outlined its corporate strategy, including a significant investment in pay TV through a joint venture with News Corp Ltd. As part of this alliance, Telecom is considering a substantial investment of $4 billion, matching the plans of rival Optus Vision consortium, which will spend $3 billion over
