To: zbyslaw owczarczyk who wrote (6494 ) 9/16/1998 12:44:00 PM From: pat mudge Respond to of 18016
Headlines worth noting:newsalert.com SBC sees double-digit earnings growth Reuters Story - September 16, 1998 11:51 SAN FRANCISCO, Sept 16 (Reuters) - Telecommunications company SBC Communications Inc. expects to achieve "healthy double-digit" earnings growth for the next several years, Chairman Edward Whitacre said on Wednesday. The company, which last year merged with Pacific Bell and is in the process of acquiring Southern New England Telephone Co. and Ameritech Corp. , will benefit from synergies from these companies, expansion into new markets and the aggressive introduction of new products, he said. newsalert.com Booming Market Expected for Global Wireless Local Loop After 2000: Worldwide Demand Projected to Approach 50 Million by 2005 PR Newswire - September 16, 1998 10:36 WASHINGTON, Sept. 16 /PRNewswire/ -- Although fixed wireless local loop (WLL) technology has been in existence for several years, The Strategis Group estimates that there are only one million subscribers as of the end of 1997. In the next few years, however, a combination of new WLL licensing, reduction in equipment costs, and increasing acceptance of wireless as a local loop alternative, will result in this market taking off after 2000 and growing 50 percent annually from 1998-2002. The vast majority of WLL demand will be found in markets where wireline networks are inadequate and unable to meet pent-up demand. In Global Wireless Local Loop Markets: 1998, which was released today, The Strategis Group estimates that worldwide wireless local loop subscribers will grow from over one million in 1997 to approximately 8 million by 2000. By 2005, The Strategis Group projects 47 million WLL subscribers.