Telecommunications industry
The Japanese government is heavily investing in a nationwide fiber optic network, with approximately $6.1 billion allocated for its construction. The network will be used by a public corporation, and existing cable service providers face a ban from using fiber optic cable networks in certain areas to protect their
Telecommunications industry
In a major breakthrough in Internet access technology, U S West Communications has launched its asymmetric digital subscriber lines (ADSL) Internet service, offering data speeds up to 250 times faster than ordinary modems. The MegaBit service, now available in Denver and Boise, provides speeds of 256 kilobits per second for
Telecommunications industry
Investors cheered on Wednesday as Chevron's chairman predicted a strengthening of oil prices, sending oil field services stocks soaring. With many investors believing the downside in the sector is already reflected in stock prices, companies like Halliburton, Schlumberger, and Smith International saw significant gains. The technology sector also
Telecommunications industry
The cable TV industry, telephone companies, and electric utility interests have filed a joint petition with the Federal Communications Commission (FCC) to reconsider the agency's two-step methodology for setting pole attachment rates. The methodology, introduced in February, categorizes pole space as either "usable" or "unusable&
Telecommunications industry
The Dow Jones industrial average experienced a late rebound, closing with a loss of just 25.66 points at 9,141.84, following a sharp decline of as much as 76 points during the session. Technology and drug stocks rose, pushing the Nasdaq market to its second consecutive record high.
Telecommunications industry
Labor unions representing over 4,000 workers in Colorado have begun contract negotiations with two of the nation's largest telecommunications companies, Lucent Technologies and AT&T. The Communications Workers of America and International Brotherhood of Electrical Workers union kicked off negotiations with Lucent Technologies on Monday, marking
Telecommunications industry
Nalco Chemical Co., a leading water treatment and process chemicals manufacturer, announced the acquisition of Texo Corp., a specialty and performance chemicals manufacturer, in a move to further penetrate new and existing markets. Texo's products, including cleaners, sanitizers, and finishing compounds, will complement Nalco's offerings and
Telecommunications industry
Southwestern Bell Telephone Co. and other phone companies are entering the market for high-speed Internet services by developing a new technology called asymmetrical digital subscriber line (ADSL). This technology is over 30 times faster than conventional modems, with speeds reaching 1.5 million megabits per second. ADSL uses existing copper
Telecommunications industry
Northampton County has taken a step towards improving its emergency communication system by hiring a retired telecommunications specialist, William J. Hetherman, as its administrative director for emergency communication and 911 oversight. Hetherman, who began work on Monday, will be responsible for monitoring the performance of the county's privatized
Telecommunications industry
Telecommunications companies have been working to simplify customer services by offering a one-stop shopping experience, but regulatory barriers have limited this option to large corporations. Yesterday's announcements by the Justice Department's antitrust chief and New York State's top utility regulator gave conditional support to
Telecommunications industry
BellSouth's ambitious venture in Brazil has taken a significant step forward with the securing of a $1.75 billion loan, setting the stage for the launch of wireless service to nearly 20 million people in Sao Paulo, one of the world's largest cities. The loan, arranged
Telecommunications industry
MCI Communications Corp. has rolled out its Ivan ads, targeting state and federal regulators in Washington and Albany, in a bid to gain access to Baby Bell networks. The ads, which depict a somber-looking Russian named Ivan complaining about lack of free market economics and high prices in his local
