Wireless firms seek worldwide empires.
Published:
29 November 1999 y., Monday
Wireless phone companies are playing a high-stakes acquisition game, desperately seeking to grab global markets before their competitors do. Competition in the wireless world has sparked some of the biggest corporate mergers in history, with MCI WorldCom_s $129 billion deal for Sprint exceeded only by Vodafone AirTouch_s hostile $137 billion bid Friday for German wireless firm Mannesmann. Companies are looking to control a wireless market that analysts expect will include 1 billion cell phone users by 2003. That growth explosion comes as people around the world increasingly use mobile phones as their primary means of local and long-distance communications. A new generation of Internet technology promises new revenue streams for wireless players, and is also behind much of the industry consolidation. Wireless Net access over cell phones is almost ready for the mass market, and wireless connections may soon be a viable alternative to a cable or high-speed dial-up modem.
The most popular articles
Software company announced new structure_ of it_s business.
more »
Hewlett Packard is due to launch a new desktop computer in the UK, with pre-release users currently including interior designer Sophie Conran and her son Felix Conran.
more »
Unisys Corp. the Blue Bell computer services and systems company, said it named Peter A. Altabef as president and chief executive officer, effective Jan. 1.
more »
IBC has named Tim Richards as the next chairman of its Partnership Board. He will take over from Mike Martin, who retires at the end of 2014.
more »
Unisys has won a contract to provide the US Defense Information Systems Agency (DISA) with a range of data centre support services.
more »
Networking solutions giant Cisco today said it has signed a multi-year agreement with software major Microsoft to modernise data centres.
more »
Cisco, a leading provider of wired and wireless network solutions, today announced it has been positioned by Gartner, Inc. in the Leader's quadrant of The 2014 Gartner Magic Quadrant for the Wired and Wireless LAN Access Infrastructure.
more »
US giant Cisco Systems has announced plans to build a global InterCloud - the world's largest network of clouds - in collaboration with a set of partners.
more »
Microsoft may have released a basic Office app for Android phones almost a year ago, but the company is now building a suite designed specifically for Android tablets.
more »
Google Docs now offers its users with the option of editing all types of Microsoft Office.
more »
Cisco announced today that it has acquired cloud platform startup Assemblage, as the company continues its focus on enterprise collaboration.
more »