It reports that one of the lines, Atlantis-2, which connects South America to Europe and Africa and was created by twenty-five telecompaniestisns compartes, is part of a network that, when complete, "will form the infrastructure of the global information society".
Those worries were highlighted yesterday when AT&T announced plans to buy BellSouth for $65 billion, a merger that would create a telecommunications giant with $130 billion in sales and 70 million local phone customers in 22 states.
In Bell Atlantic's case, the company is spending another $4.5 million to create a telecommunications network at the convention site that equals that of a small city: 8,000 traditional phone lines and a variety of cutting-edge transmission and Internet-access lines with names like DSL, DS-1 and ISDN.
The title of his latest LP, The Age of Reason, is an homage to Tesla's struggle with investor JP Morgan, who funded the scientist's endeavors to create a telecommunications tower in Long Island.
Italy's biggest phone provider, Telecom Italia, said it was in advanced talks on creating a Spanish telecommunications holding company with the Spanish utilities Union Fenosa and Endesa.
Because of the expense required in creating a reliable telecommunications network, which requires building in a lot of redundant features to make sure theres no network failure, IP telephony will probably be used primarily for second and third lines for the residential market.
MOTOROLA and Nokia lent $3 billion to the Uzan family of Turkey over several years to create a wireless telecommunications system for that country.
Judging by the public pronouncements, one might think that the acquisition of Seagram by Vivendi will create a global telecommunications powerhouse.
Sprint and T-Mobile announced on Sunday that they had reached a deal to merge, moving to create a new telecommunications giant — and betting that regulators will finally allow the American wireless market to shrink to just three national players.
