Sentence examples for broadband trading from inspiring English sources

Exact(12)

By the middle of last year, Enron had closed the broadband trading venture.

Earlier this year, Mr. Skilling insisted that Enron's broadband trading business was worth $35 billion.

In interviews this week, El Paso executives said that broadband trading was never a core business and that the company realized about $2 million in revenue before it dropped out of broadband trading in January.

Now, the broadband marketplace has largely collapsed, and the energy companies have closed their broadband trading operations.

The company also wrote off more than $1 billion worth of failed investments in water companies, broadband trading and retail electricity sales.

The broadband trading volumes and revenues of other energy companies were much smaller than Enron's or those of the telecommunications companies.

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Similar(46)

"There were only 20 legitimate broadband trades.

At a presentation to investment analysts early last year, Enron said that its transaction volume had jumped from 3 broadband trades in the first quarter of 2000 to 581 trades in the first quarter of 2001.

The energy industry's broadband trades were criticized in December by William S. Lerach, the lead lawyer in a shareholder class-action lawsuit against Enron.

However, at Mr Lay's encouragement, Enron's flash young managers expanded rapidly into all sorts of businesses ranging from water to broadband communications trading—where it lost potfuls of money.

But this year the company's shares have fallen sharply, as Enron has suffered from problems with its new broadband telecommunications trading unit, its investment in a large power plant in India, and criticism from officials in California, who blame Enron and other energy companies for the collapse of the state's electricity market.

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