JPR: How about the GSM standard, the telecom industry in general, Nokia in earlier days ….
The telecom sector in general, cellular service providers in particular, is broadly seen as one of the best Brazilian stock plays.
Strike Two: This week, as concerns mount about telecom issues in general and WorldCom in particular, investors stampede out of this once invincible stock, which on Feb. 5 falls to the formerly unimaginable depth of $6.97.
Telecom stocks in general had a bad day, thanks to Lucent and also AT&T, which fell 9.9% to $17.06 after issuing its profit warning and confirming that it will slash its dividend by 83%.
The case involves not only Ebbers, the central figure in the WorldCom debacle, but Jack Grubman, the Salomon analyst known for his ties to WorldCom and his bullish calls on telecom companies in general.
Of course, in general telecoms, companies already exploit variations in what customers are willing to pay for digital bits, depending on whether they take the form of a cable television programme or an SMS text message (see chart).
This contribution has several practical implications for the energy producers and distributors, the telecom companies and, more in general, for the whole society.
The Nasdaq didn't mention a particular sector in connection with the moratorium, but technology in general and telecoms in particular have been hit hard since trading resumed on Sept. 17.
"High tech in general -- but telecom in particular -- provided a tremendous positive stimulus for economic growth here during the last five years," she said.
In general, the Glasnost results suggest that telecom and cable TV operators, when they do use throttling, do so mostly to suppress bandwidth hogs and ensure a reasonable experience for all of their customers.
