Telephone services
Tekelec, a leading supplier of Bell Atlantic's signal transfer points (STPs), has secured a multi-pair, multi-million dollar commitment from Bell Atlantic to purchase Tekelec's EAGLE signal transfer points (STPs) and ATM(7) Inspector test system. The agreement, part of a re-sectoring plan in Bell Atlantic'
Telephone services
Bell Atlantic and City National Bank announced a multi-million dollar deal to join forces and provide comprehensive Internet financial services to customers. The partnership brings together Bell Atlantic's telecommunications expertise and City National Bank's Internet and financial services to create a robust and reliable platform for
Telephone services
The proposed acquisition of MediaOne by AT&T has ignited a heated discussion on whether to regulate cable TV companies' Internet services. With the merger set to make AT&T the largest cable TV provider and largest high-speed Internet service provider, concerns are growing that it could
Telephone services
MCI Worldcom, a global telecommunications company, has made a significant move in its efforts to bypass local telephone companies by acquiring Los Angeles-based Prime One Tele-TV, a wireless cable TV system company. The purchase is estimated to be worth between $200 million and $650 million, although the exact price has
Telephone services
Microsoft's recent partnership with AT&T is set to bring the Windows operating system to millions of television sets, as part of AT&T's plan to deliver high-speed internet and interactive TV services to 21 million US households. Through its $5 billion investment, Microsoft
Telephone services
AT&T Corp. is set to announce a string of deals that could give it a significant lead in the battle for MediaOne Group Inc., the nation's biggest cable television company. The deals, which could be announced as early as today, include a two-part consolation settlement with
Telephone services
The world's largest Internet service provider, America Online Inc. (AOL), with 17 million customers, appears vulnerable to a telecommunications giant, AT&T Corp., after its $55.8 billion offer for MediaOne Group Inc. was accepted. AT&T's acquisition of MediaOne's cable infrastructure,
Telephone services
Comcast, a US cable company that lost out to a $35 billion bid from AT&T for MediaOne, is considering a higher counteroffer for the third-largest US cable company. The proposal could involve a potential partnership with Microsoft, which is a 5% shareholder in Comcast. AT&T'
Telephone services
An unprecedented multibillion-pound auction of UK cable and mobile telephone assets is likely if AT&T's hostile bid for MediaOne succeeds, forcing the sale of AT&T's stakes in Telewest and One 2 One. AT&T's bid, valued at $58 billion,
Telephone services
Cox Communications Inc., the sixth-largest U.S. cable television provider, has announced plans to acquire Media General Inc.'s cable operations in Fairfax County and Fredericksburg, Va., for $1.4 billion. This move comes as AT&T Corp. offers $58 billion for MediaOne, the nation's fourth-largest
Telephone services
The proposed merger between Bell Atlantic and GTE, the two largest telephone companies in Pennsylvania, has faced strong opposition from residents across the Commonwealth. According to Pennsylvanians for Local Competition, a coalition of citizens and politicians, the merger would result in less competition, outdated service, and greater arrogance from a
Telephone services
Mobile users can now enjoy wireless access to the internet and email services at an affordable price, thanks to Bell Atlantic Mobile's new service. The company, in partnership with Inet, offers a special deal where customers can sign up for the AirBridge wireless data service at a flat
