SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (2296)8/11/2000 7:30:21 PM
From: Theophile  Respond to of 3770
 
I rather suspect GBLX knew well in advance this rubber stamp by EU would be affixed to anything Telefonica wanted to do in S.America; why not? Telefonica already has plenty of cash flowing from S.America into EU coffers, why not more? EU could care less whether that cash comes from blood or business, all the same, cash. Colonialism at its height in the 21st Century may just come down from dead weight due to connectivity getting established in their fiefdoms, news from the outside world penetrating S.America without the filters of the Church and Government determining what shall be heard and read by the populace at large.

What this really does is pretty much seal the deal on any non-compete-breach litigation. If they are in business and found liable for a breach of contract, so much the larger award to GBLX....if, of course, Telefonica does not turn around and do to TYC what TYC allegedly did to GBLX. Birds of a feather.........

Regards,
Martin Thomas