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July 22, 1988 | From Associated Press
Second-quarter profits were up 5.5% at Bell Atlantic Corp. and flat at Nynex Corp., while stock offerings contributed to earnings gains of 25% at U S West Inc. and 121% at Contel Corp., the phone companies said Thursday. Bell Atlantic, the Philadelphia-based regional Bell holding company, said its earnings rose to $344.1 million from $326.1 million a year earlier. Revenue fell 2.3% to $2.58 billion. For the six-month period, Bell Atlantic said its earnings rose to $673.2 million from $633.
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BUSINESS
December 10, 1989 | JAMES FLANIGAN
Investors are giving telecommunications stocks--those of the seven regional Bell phone companies and others--higher relative prices than other issues. And a stock market wary of debt-ridden companies is nonetheless supporting a very high stock valuation for McCaw Cellular Communications, even as it borrows to buy more mobile phone properties. Why? Because the market obviously sees technological change and new business potential exploding in telecommunications.
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BUSINESS
December 8, 1989 | From Reuters
The Soviet Union, US West Inc. and seven other telecommunications companies plan to form a venture to develop a fiber-optic line linking Japan, the Soviet Union and Europe, it was announced Thursday. The 12,000-mile line would be the longest fiber-optic line in the world, crossing the Soviet Union and making undersea connections to Denmark, Italy and Japan, US West said. The Englewood, Colo.
BUSINESS
December 10, 1989 | JAMES FLANIGAN
Investors are giving telecommunications stocks--those of the seven regional Bell phone companies and others--higher relative prices than other issues. And a stock market wary of debt-ridden companies is nonetheless supporting a very high stock valuation for McCaw Cellular Communications, even as it borrows to buy more mobile phone properties. Why? Because the market obviously sees technological change and new business potential exploding in telecommunications.
BUSINESS
December 8, 1989 | From Reuters
The Soviet Union, US West Inc. and seven other telecommunications companies plan to form a venture to develop a fiber-optic line linking Japan, the Soviet Union and Europe, it was announced Thursday. The 12,000-mile line would be the longest fiber-optic line in the world, crossing the Soviet Union and making undersea connections to Denmark, Italy and Japan, US West said. The Englewood, Colo.
BUSINESS
January 15, 1988 | Associated Press
An award-winning advertising agency has drawn the wrath of feminist groups and lost an $8-million client after sending a photograph of an African youth kissing a cow's backside to a woman who called one of their ads sexist. "My reaction was almost disbelief that in this day and age anybody could be so insensitive and so contemptuous of a member of the public," Kay Taylor of the Minnesota Women's Consortium said Wednesday.
BUSINESS
December 5, 1995 | Times Wire Reports
Cable: US West Corp. on Monday stepped up the pressure in its legal battle against partner Time Warner, asking a Delaware court to block the company's recent management reorganization. The regional phone company, based in Englewood, Colo., said Time Warner's plan to put its free-standing music division under the same leadership as the Warner Bros. studio would distract those managers and would in effect dismantle an entertainment partnership in which it is a 25.5% owner.
BUSINESS
July 22, 1988 | From Associated Press
Second-quarter profits were up 5.5% at Bell Atlantic Corp. and flat at Nynex Corp., while stock offerings contributed to earnings gains of 25% at U S West Inc. and 121% at Contel Corp., the phone companies said Thursday. Bell Atlantic, the Philadelphia-based regional Bell holding company, said its earnings rose to $344.1 million from $326.1 million a year earlier. Revenue fell 2.3% to $2.58 billion. For the six-month period, Bell Atlantic said its earnings rose to $673.2 million from $633.
BUSINESS
January 15, 1988 | Associated Press
An award-winning advertising agency has drawn the wrath of feminist groups and lost an $8-million client after sending a photograph of an African youth kissing a cow's backside to a woman who called one of their ads sexist. "My reaction was almost disbelief that in this day and age anybody could be so insensitive and so contemptuous of a member of the public," Kay Taylor of the Minnesota Women's Consortium said Wednesday.
BUSINESS
June 14, 1995 | JUBE SHIVER Jr., TIMES STAFF WRITER
With billions of dollars of revenue at stake, federal regulators Tuesday postponed this week's application deadline for the next government auction of the airwaves in order to evaluate whether its special preferences for minority bidders will pass legal muster. The move came after the Supreme Court issued a ruling Monday that could jeopardize government programs aimed at assisting minority entrepreneurs.
BUSINESS
August 3, 1999 | JUBE SHIVER Jr., TIMES STAFF WRITER
Six of the nation's largest local and long-distance telephone companies on Monday offered to cut consumers' monthly phone bills by as much as $5.6 billion over the next five years. The proposal calls for combining two charges that appear on all consumers' monthly phone bills: "access" fees--the amount long-distance companies pay local carriers to complete a call--and the "subscriber line charge," a minimum $3.50 fee that consumers pay to maintain a local phone connection.
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