Word: sbc
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...deal with separate phone bills for local and long-distance calls. But, like most Americans, he couldn't do much about it until recently. Sure, he could change long-distance carriers and chase the lowest rates as often as he pleased, but he was still a virtual captive of SBC Ameritech, the sole owner of the prized last mile of copper wire into his home...
...contrasts men laughing in a limousine--depicted as "their side"--with a family at a picnic table and a welder at work--described as "our side." The most brazen of the ads, run by a group calling itself Competition Ohio but bankrolled by AT&T, accuses local phone provider SBC Ameritech of doubling rates and taking away consumer choice and suggests that a Stratton victory would mean lower phone bills...
...billion offer for Vivendi's stake in mobile-phone operator Cegetel. The sale could have eased Vivendi's crippling €19 billion debt. Just as importantly, to retain control of Cegetel Vivendi must now pre-empt Vodafone's bid for the shares held by BT and SBC, costing the cash-strapped company between €2.6 and €4 billion. Fourtou's gambit could pay off with a higher offer from Vodafone - a big gamble at a time when analysts think the company should cash in its chips and leave the table. "Having spent a long time with a French organization...
...term for financial risks that the company hopes will never come home to roost, and for development costs that are capitalized instead of expensed. These factors don't mean you should shun a stock; they mean you should check its teeth. Firms with aggressive pension assumptions include IBM and SBC Communications. Among the off-balance-sheet biggies are General Electric and Fannie Mae. And outfits in the cable and telecom industries seem to capitalize everything short of the potted plants...
That's why adrenaline junkies are turning in their sailboards. "Kiteboarding is a worldwide phenomenon," says John Bryja, editor of SBC Kiteboard magazine. In Europe, where windsurfing is big, Germany, Holland and France dominate the market--brothers Dominique and Bruno Legaigoux invented the style of kite most kiteboarders now use. Kites are also taking off in the Middle East and Japan...