Word: fixedness
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Why have things gone so terribly wrong for two of Canada's once esteemed telecom giants? What's happening in Canada is a reflection of a fundamental power shift taking place globally. Once untouchable telcos and their suppliers, including Nippon Telegraph & Telephone Corp., Deutsche Telekom and France Telecom, have become...
In a world where the distinction between cablecos and telcos has become meaningless, cable operators have an advantage because it's cheaper and easier to retrofit their networks to support voice than to retrofit telephone networks for video and high-speed Internet. The sharp decline Bell Canada has sustained in...
The future is not, however, much brighter at Paris-based Alcatel-Lucent, the largest maker of fixed-line networks. Alcatel merged with Lucent Technologies in 2006 in a move intended to grow market share, but it has since axed from payroll 17,500 employees, including its ousted American CEO, Patricia...
The news about China's efforts to recover from the global financial crisis can cause whiplash. A government research center announces that thirty million migrant workers may be unemployed - 50% higher than the previous estimates - but Chinese Premier Wen Jiabao says the economy is doing "better than expected." Exports plummet...
So does the right selection. Most reissues are by acts with rabid fan bases (U2 put out a souped-up version of The Joshua Tree last year; Bruce Springsteen recently announced plans for a new Darkness on the Edge of Town) that have both cash and nostalgia in abundance. Rap...