Stung by a Sept. 22 lawsuit from its erstwhile strategic partner U S West Inc., Time Warner Inc. shot back with its own bitter accusations in a countersuit filed Oct. 11 with the Delaware Chancery Court.The month-long legal battle involves Time Warner's proposed merger...
Marriages and divorces are accenting the wireless telecom industry today.The biggest telecom provider of them all, AT&T Corp., announced late last month it would split its businesses into three different companies. Chairman Robert Allen said the company wanted to avoid the perceived conflict in...
The recent scuffle between Time Warner Inc. and U S West Inc. over the former's proposed acquisition of Turner Broadcasting System Inc. may terminate yet another much-ballyhooed telecommunications partnership that couldn't survive changing industry conditions.On Sept. 22, U S West filed a lawsuit asking...
It is not an understatement to say The Progress & Freedom Foundation's plan to abolish the Federal Communications Commission within three years and replace it with a smaller office in the executive brance, was greeted with skepticism from the Washington press corps last week.Perhaps...