Word: nynex
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...recently seemed to disdain two-way TV, agreed to team up with Ameritech, BellSouth and Southwestern Bell to develop and distribute movies, games and other programs to home viewers. Not to be outdone, Hollywood dealmeister Michael Ovitz, who heads the powerful Creative Artists Agency, has reportedly been meeting with nynex, Bell Atlantic and Pacific Telesis to discuss the creation of a company of their own that would make and distribute films...
...Dial Page of South Carolina plus the mobile-radio business of Motorola in deals valued at $2.7 billion. The combinations will pit Nextel, a firm with 200,000 customers, against AT&T, which agreed to pay $12.6 billion for McCaw Cellular last year. Also in the fray are Nynex and Bell Atlantic, which agreed in June to combine their cellular units...
That's why both AirTouch Communications and Nynex Corp. last fall began testing a system to thwart telephone thieves that was developed by aerospace conglomerate TRW. The pirates typically use radio scanners to record the serial number and subscriber identity number that each cellular phone transmits at the start of a call. Then they program the numbers into their own phones, leaving the victim to get the bills. But TRW engineers have come up with a proprietary method for analyzing and storing a third signature of cellular phones -- their unique radio-frequency signal, which cannot be cloned...
Here and there, unions are even winning some battles. A Teamsters strike in April forced major trucking companies to stop using part-time, nonunion drivers. The same month, the Communication Workers of America got Nynex, one of the biggest of the new Baby Bell telephone companies, to reverse plans to lay off 22,000 workers. Under a new contract, Nynex will not lay off anybody over the next four years; it will try instead to induce workers to retire early by offering them six years of extra pension benefits...
...fans like to complain about too much shill in sports, where even the scoreboard has a sponsor. As it stands, a relief pitcher in baseball can't enter the ninth inning without announcers mentioning Rolaids or the NYNEX "call to the bullpen." If this keeps up much longer, expectorating on the field will have a sponsor. But there's a good side to corporate ownership. It gives the fan a new way to enjoy the game: buying shares in the company that owns the team...