Word: sectored
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...network and provision it, and the cost structure doesn't change. From a financial perspective, the model is unsustainable." As long as they are subsidizing their rivals, the Bells insist, there's no reason for them to upgrade their networks, which puts a further drain on the depressed equipment sector, including companies like Lucent Technologies and Nortel Networks...
...wireless service--often all on one bill--to try to stem the tide of defections. Even though the Bells can't offer multinational companies much in the way of international calling, all of them--led by Verizon--are making a concerted push for U.S. Big Business customers, a sector still dominated by AT&T, MCI and Sprint...
...conference drew other notable speakers as well, including Harvard President Lawrence H. Summers, KSG Dean Joseph S. Nye, a few private sector economists and about a dozen members of Congress...
...NetEase, the sector's most striking turnaround, has been especially aggressive in tapping what many consider the Internet's true killer app: massive, real-time, multiplayer online games. In August, NetEase began charging for Westward Journey II and Priston Tale, both of which have huge followings in China. Though he won't provide exact figures, acting NetEase CEO Ted Sun says "a substantial proportion" of the company's $7.3 million in third-quarter nonadvertising revenues came from games. (Just last week Sina followed suit by inking a deal with NCsoft, a major Korean game company...
...pick up, there are few cheerleaders left to hail the good news. The army of brokerage analysts that once followed the chortals' every move has been routed. "I'm sorry," laments a p.r. person at Goldman Sachs in Hong Kong, "but we don't have any more Internet-sector analysts." Chastened dotcom CEOs are stressing humility. Sina's CEO Daniel Mao says the rally is "the beginning of a healthy comeback?but we still have a long way to go." Indeed, despite their successes, these remain tiny companies, each with annual revenues well under $50 million (compared with Yahoo...