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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (24794)	4/27/2000 11:38:00 AM
From: BANCHEE	Read Replies (1) \| Respond to of 57584

CNBC..on Boeing now.. LOR...partner in something.. Didn't catch it soon enough.. Did anyone??? Banchee Here it is.... biz.yahoo.com also.... Thursday April 27 10:58 AM ET Boeing Unveils High-Speed Airborne Internet Service NEW YORK (Reuters) - Aerospace giant Boeing Co. (NYSE:BA - news) on Thursday unveiled a new service providing airline passengers access to the Internet, television and other news over a high-speed satellite-based communications network. With partners including CNN, CNBC, Mitsubishi Electric Corp. (6503.T), and Loral Skynet, Boeing said the service will cost about the same as a cellular phone call. The market for such services could be as big as $70 billion over 10 years, Boeing said, citing analysts' projections. ``Commercial information and communications are areas where we understand the customer, where we bring unique solutions no one else has the capabilities or resources to provide,'' said Jim Albaugh, who heads Boeing's space and communications group. Dubbed Connexion by Boeing, the service will be available to North American airline customers at first, with installations beginning late next year. Seattle-based Boeing has announced plans to buy Hughes Electronics Corp.'s (NYSE:GMH - news) satellite-building business as part of its goal to become the leading player in satellite communications.