Telecoms Quotes

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Damn and blast British Telecom," shouted Dirk, the words coming easily from force of habit.
Douglas Adams (Dirk Gently's Holistic Detective Agency (Dirk Gently, #1))
systemic improvement for USIM transfer and issued a corrective order along with a penalty to SK Telecom and KT for impeding U
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while Trump was conducting trade negotiations with China, a Chinese state-owned bank provided $500 million in financing for a project in Indonesia that includes “Trump-branded residences, hotels and golf course.”53 China also provided seven new trademarks for products sold by Ivanka Trump.54 Within days, Trump shocked national security professionals by announcing that he would lift sanctions on the Chinese telecom giant ZTE.
Max Boot (The Corrosion of Conservatism: Why I Left the Right)
The very Internet companies that snookered us all with the promise of democratizing communications made it impermissible for Americans to criticize their government or question the safety of pharmaceutical products; these companies propped up all official pronouncements while scrubbing all dissent. The same Tech/Data and Telecom robber barons, gorging themselves on the corpses of our obliterated middle class, rapidly transformed America’s once-proud democracy into a censorship and surveillance police state from which they profit at every turn.
Robert F. Kennedy Jr. (The Real Anthony Fauci: Bill Gates, Big Pharma, and the Global War on Democracy and Public Health)
I once asked one of the most successful leaders of the telecom industry what she considered to be the essence of her leadership work. She responded, “I am facilitating the opening process so my team can sense and seize emerging opportunities as they arise from the fast paced business environment we are operating in.
C. Otto Scharmer (Theory U: Learning from the Future as It Emerges)
When Lone Star conducts an investigation, standard procedure is to tap the telecoms of everyone even peripherally involved with the subject of the investigation. That’s right, everyone, whether or not he or she is suspected of a crime. An infringement of personal rights? Morally and ethically speaking, you’ve got it, chummer. But according to the letter of the law, if not the spirit, it’s kosher. As long, that is, as Lone Star notifies everyone whose line has been tapped … within four months of the tap’s removal. But can’t Lone Star get around that restriction by leaving the tap in place forever? Again, you’ve got it, chummer. Lone Star officers are notoriously absent-minded when it comes to notification. Anyway,
Nigel Findley (Shadowrun: Nigel Findley Omnibus)
the world hate you? Most of them you will never even meet, and yet they really don’t like you at all. All the people who write software at Microsoft hate you, and so do most of the people who answer phones at Expedia. The people at TripAdvisor would hate you, too, if they weren’t so fucking stupid. Almost all frontline hotel employees detest you, as do airline employees without exception. All the people who have ever worked for British Telecom, including some who died before you were born, hate you; BT employs
Bill Bryson (The Road to Little Dribbling: Adventures of an American in Britain)
In early 2014, the global economy’s top five companies’ gross cash holdings—those of Apple, Google, Microsoft, as well as the US telecom giant Verizon and the Korean electronics conglomerate Samsung—came to $387 billion, the equivalent of the 2013 GDP of the United Arab Emirates.78 This capital imbalance puts the fate of the world economy in the hands of the few cash hoarders like Apple and Google, whose profits are mostly kept offshore to avoid paying US tax. “Apple, Google and Facebook are latter-day scrooges,” worries the Financial Times columnist John Plender about a corporate miserliness that is undermining the growth of the world economy.
Andrew Keen (The Internet Is Not the Answer)
Dr. Fauci’s business closures pulverized America’s middle class and engineered the largest upward transfer of wealth in human history. In 2020, workers lost $3.7 trillion while billionaires gained $3.9 trillion.46 Some 493 individuals became new billionaires,47 and an additional 8 million Americans dropped below the poverty line.48 The biggest winners were the robber barons—the very companies that were cheerleading Dr. Fauci’s lockdown and censoring his critics: Big Technology, Big Data, Big Telecom, Big Finance, Big Media behemoths (Michael Bloomberg, Rupert Murdoch, Viacom, and Disney), and Silicon Valley Internet titans like Jeff Bezos, Bill Gates, Mark Zuckerberg, Eric Schmidt, Sergey Brin, Larry Page, Larry Ellison, and Jack Dorsey.
Robert F. Kennedy Jr. (The Real Anthony Fauci: Bill Gates, Big Pharma, and the Global War on Democracy and Public Health)
Dr. Fauci’s business closures pulverized America’s middle class and engineered the largest upward transfer of wealth in human history. In 2020, workers lost $3.7 trillion while billionaires gained $3.9 trillion.46 Some 493 individuals became new billionaires,47 and an additional 8 million Americans dropped below the poverty line.48 The biggest winners were the robber barons—the very companies that were cheerleading Dr. Fauci’s lockdown and censoring his critics: Big Technology, Big Data, Big Telecom, Big Finance, Big Media behemoths (Michael Bloomberg, Rupert Murdoch, Viacom, and Disney), and Silicon Valley Internet titans like Jeff Bezos, Bill Gates, Mark Zuckerberg, Eric Schmidt, Sergey Brin, Larry Page, Larry Ellison, and Jack Dorsey. The very Internet companies that snookered us all with the promise of democratizing communications made it impermissible for Americans to criticize their government or question the safety of pharmaceutical products; these companies propped up all official pronouncements while scrubbing all dissent. The same Tech/Data and Telecom robber barons, gorging themselves on the corpses of our obliterated middle class, rapidly transformed America’s once-proud democracy into a censorship and surveillance police state from which they profit at every turn.
Robert F. Kennedy Jr. (The Real Anthony Fauci: Bill Gates, Big Pharma, and the Global War on Democracy and Public Health)
In early 2014, the global economy’s top five companies’ gross cash holdings—those of Apple, Google, Microsoft, as well as the US telecom giant Verizon and the Korean electronics conglomerate Samsung—came to $387 billion, the equivalent of the 2013 GDP of the United Arab Emirates.78 This capital imbalance puts the fate of the world economy in the hands of the few cash hoarders like Apple and Google, whose profits are mostly kept offshore to avoid paying US tax. “Apple, Google and Facebook are latter-day scrooges,” worries the Financial Times columnist John Plender about a corporate miserliness that is undermining the growth of the world economy.79 “So what does it all mean?” Michael Moritz rhetorically asks about a data factory economy that is immensely profitable for a tiny handful of Silicon Valley companies. What does the personal revolution mean for everyone else, to those who aren’t part of what he calls the “extreme minority” inside the Silicon Valley bubble? “It means that life is very tough for almost everyone in America,” the chairman of Sequoia Capital, whom even Tom Perkins couldn’t accuse of being a progressive radical, says. “It means life is very tough if you’re poor. It means life is very tough if you’re middle class. It means you have to have the right education to go and work at Google or Apple.
Andrew Keen (The Internet Is Not the Answer)
The National Security Agency is currently collecting the telephone records of millions of US customers of Verizon, one of America’s largest telecom providers, under a top secret court order issued in April. The order, a copy of which has been obtained by the Guardian, requires Verizon on an “ongoing, daily basis” to give the NSA information on all telephone calls in its systems, both within the US and between the US and other countries. The document shows for the first time that under the Obama administration the communication records of millions of US citizens are being collected indiscriminately and in bulk—regardless of whether they are suspected of any wrongdoing.
Glenn Greenwald (No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State)
Neutrality regulation might as well have been labeled the ‘Telecom Lawyer & Lobbyist Full Employment Act of 2006’ because it would generate mountains of regulation and litigation in coming years,
Anonymous
Note: The ICT industry, as defined by the Bank of Korea, includes both ICT device manufacturing (office, computing and accounting machinery and semiconductors and telecom devices) and ICT services (telecommunications, broadcasting, software and computer
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the telecommunications market, a comprehensive policy regarding telecom resellers (MVNOs, Mobile Virtual Network Operators
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etc.) was established, making it also possible for operators without facilities or spectrum to enter the telecom market
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On the other hand, the rising demand for information access is driving up telecom expenses for families, at the same time as
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every 10 seconds of use" was implemented. This new system was first was implemented by SK Telecom in March, 2010 before being
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Fourth, KT and LG U+ both made the CID (caller identification) service free starting in September (provided for free by SK Telecom
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Alleviation of Discrimination between Major Carriers, Telecom Service Resellers, and Value-added Common Carriers
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chaddiscrimination caused by the use of telecommunications cable equipment from major service carriers, telecom service resellers
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telecom service resellers (MVNO newly included in cross-connection agreements based on the revision of applicable laws
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ytmandatory provision in 2003. Through the 2010 revision of the Telecommunications Business Act, the KCC enabled telecom
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Development of broadcasting-telecom convergence policy, and the development and evaluation of medium and longterm broadcasting and communications service policy
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cable sharing. The need for regulations to control accounting regulation violation became evident. In March, the Telecom
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On the submission of proposals to the Capital Area Development Committee 9th Feb.26 (FRI) Voting Vote on the details of tariff approval procedures for internet multimedia broadcasting service providers(SK Broadband and LG Telecom)
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Initially, the EU Commission had intended the new regulatory package to include content regulations and provide a common regulatory framework for both telecom and broadcasting, but this idea was met with strong opposition from member states and their pro-public service broadcasting lobbies (Hills and Michalis, 2000).
Anonymous
It is difficult to overstate the extent to which congressionally bestowed retroactive immunity represents a profound departure from basic norms of justice. Ordinary Americans are sued every day and forced to endure the severe hardships and sometimes ruinous costs of litigation. When that happens, it is the role of the courts alone to determine who is at fault and whether liability should be imposed. The Constitution vests “the judicial Power of the United States” in courts, not Congress. And when it comes to lawsuits brought against ordinary Americans, that is how such suits are always resolved: by courts issuing rulings on the merits. The very idea that Congress would intervene in such proceedings and act to protect ordinary Americans from lawsuits is too outlandish even to entertain. But when the wealthiest, most powerful, and most well-connected financial elites are caught red-handed violating the privacy rights of their customers and committing clear felonies, their lobbyists call for a new law that has no purpose other than to declare that the old laws do not apply to them. That is the living, breathing embodiment of our two-tiered justice system—a lawless Wild West for elites in which anything goes. Examining how the telecoms pursued the amazing feat of getting full immunity for their systematic lawbreaking highlights how and why the rule of law is so easily discarded in the United States. The
Glenn Greenwald (With Liberty and Justice for Some: How the Law Is Used to Destroy Equality and Protect the Powerful)
None of the recent technologies that have changed the world and created wealth—telecom, computers, aviation—have come out of India. Yet,
Chetan Bhagat (What Young India Wants)
Between these amorphous hacker groups and the PLA’s network professionals lies a murky middle layer whose shape, not surprisingly, is indistinct, but whose mission—information warfare (IW)—is not. In 1998 the PRC launched what may have been its first experiment with a cybermilitia: a forty-person unit in a state-owned enterprise in Datong City, Shanxi Province, which had a rich talent pool drawn from some twenty universities, institutes, and companies.48 Militias are neither official government cadres nor freelance hackers. They operate in ambiguous space, connected to one or another government office by a loose string. A twitch of a government finger tightens the string, either to restrain or direct an operation. The PLA has been actively creating IW militias since about 2002, recruiting from universities, research institutes, and commercial IT companies, especially telecom firms. Some accounts call these cadres an “active reserve,” comprising eight million network operators under direct state control.
Joel Brenner (Glass Houses: Privacy, Secrecy, and Cyber Insecurity in a Transparent World)
In 2008, the Swedish telecom company Ericsson found itself under investigation by the U.S. State Department for selling telecom equipment to the regimes of Iran, Sudan, and Syria, all considered state sponsors of terrorism. In 2011, Ericsson was named in a State Department report proposing to include telecom restrictions as part of its new sanctions against terrorist regimes. That year, Ericsson sponsored a speech by Bill Clinton and paid him a whopping $750,000, around three times Clinton’s fee at the time. Ericsson had never previously sponsored a Clinton speech. Ericsson’s timing could not have been more fortuitous, since later that year the State Department unveiled its new sanctions list for Iran. Telecom sanctions were not on it. Douglas
Dinesh D'Souza (Stealing America: What My Experience with Criminal Gangs Taught Me about Obama, Hillary, and the Democratic Party)
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The NASDAQ Composite Index, containing mostly technology shares, soared from 500 in April 1991 to 1,000 in July 1995, surpassing 2,000 in July 1998, and finally peaking at 5,132 in March 2000. The stock market boom reinforced consumer confidence, which also reached new highs, and provided a strong impetus for investment, especially in the booming telecom and high-tech sectors. The next few years confirmed suspicions that the numbers were unreal, as the stock market set new records for declines. In the next two years, $8.5 trillion were wiped off the value of the firms on America’s stock exchange alone—an amount exceeding the annual income of every country in the world, other than the United States. One
Joseph E. Stiglitz (The Roaring Nineties: A New History of the World's Most Prosperous Decade)
As part of these programs, the NSA exploits the access that certain telecom companies have to international systems, having entered into contracts with foreign telecoms to build, maintain, and upgrade their networks. The US companies then redirect the target country’s communications data to NSA repositories.
Glenn Greenwald (No Place to Hide: Edward Snowden, the NSA and the Surveillance State)
We were one of the first countries in the world to have telecom. In 1850, the first telegraph line was opened in Calcutta city for the use of the East India Company.
Pradip Baijal (THE COMPLETE STORY OF INDIAN REFORMS: 2G, POWER & PRIVATE ENTERPRISE: A Practitioner's Diary)
The cost of electrons and photons is getting cheaper all the time!
T. Gilling (The STREAM TONE: The Future of Personal Computing?)
this is the epitome of what communications scholar Henry Jenkins calls “convergence culture”—the melding of old and new media that the telecom giants have long been looking forward to, for it portends a future where all activity flows through their pipes. But it also represents a broader blurring of boundaries: communal spirit and capitalist spunk, play and work, production and consumption, making and marketing, editorializing and advertising, participation and publicity, the commons and commerce.
Astra Taylor (The People’s Platform: Taking Back Power and Culture in the Digital Age)
The Global Financial Crisis shows the credit cycle at the greatest extreme since the Great Depression. Debt markets historically had been marked by general conservatism, meaning excesses on the upside were limited and most bubbles took place in the equity market. Certainly it was the site of the Great Crash of 1929. But the creation of the high yield bond market in the late 1970s kicked off a liberalization of debt investing, and the generally positive economic environment of the subsequent three decades provided those who ventured in with a favorable overall experience. This combination led to a strong trend toward acceptance of low-rated and non-traditional debt instruments. There were periods of weakness in debt in 1990–91 (related to widespread bankruptcies among the highly levered buyouts of the 1980s) and in 2002 (stemming from excessive borrowing to fund overbuilding in the telecom industry, which led to prominent downgrades that coincided with several high-profile corporate accounting scandals). But the effects of these were limited because of the isolated nature of their causes. It wasn’t until 2007–08 that the financial markets witnessed the first widespread, debt-induced panic, with ramifications for the entire economy. Thus the GFC provided the ultimate example of the credit cycle’s full effect.
Howard Marks (Mastering The Market Cycle: Getting the Odds on Your Side)
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As a parent, you can surpass even the great mathematician al-Khwarizmi if you can give your children the right direction to set goals and reach their destination in shaping their lives". -Momenul Ahmad
Momenul Ahmad (Telecom Press (Telco1))
Omar herself seems quite protective of these terrorists. In August 2019, Omar called for the protection of a Somali telecom company called Hormuud, invoking its “vital services” and “enormous contribution to the economy.” She neglected to mention that the founder, Ahmed Nur Ali Jimale, is known to be one of the chief financiers of al-Shabab.
Dinesh D'Souza (United States of Socialism: Who's Behind It. Why It's Evil. How to Stop It.)
2. Cooperate with Industry Incumbents Back in 2007, Google was in a precarious position. The company owned desktop search, but the mobile Internet was starting to take off. With the runaway early success of the iPhone, Google was worried that mobile would become Apple’s walled garden. Luckily, it wasn’t alone. Handset manufacturers and telecoms not named AT&T shared the same fear. So Google created the Open Handset Alliance, a group dedicated to advancing Google’s Android operating system. In essence, Google used a cooperative strategy. Rather than trying to build a network all on its own, it tapped into the existing sales channels of the companies in the Open Handset Alliance to spread Android to consumers.
Alex Moazed (Modern Monopolies: What It Takes to Dominate the 21st Century Economy)
Another famous town planning concept, the Finger Plan for Copenhagen, was based on a metaphor sand shown by a diagram, of a great hand resting over that city. Since 1947, the great hand has guided Copenhagen’s development. The merchant’s harbour, after which the city was named, sits in the palm of the guiding hand. Fingers point ways to new development. Power lines, telecom lines, and rapid transit lines follow the bones, arteries, veins and nerves of the fingers. Between those fingers we find the green lands of Denmark. Copenhagen was made into a garden city but the hand itself, of urban development, was grey.
Tom Turner (City as Landscape: A Post Post-Modern View of Design and Planning)
CAT Telecom and TOT Plc, two telecom operators in Thailand, plan to merge their wireless 3G networks.
Rita Gunther McGrath (The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business)
that is subject to accelerated revenue recognition as a result of aggressive management estimates is one that has “multiple deliverables.” In this type of arrangement, the seller provides several distinct, but intermingled deliverables over an extended period of time. For example, wireless telecom companies often package mobile phone service and a cell phone handset together in the same contract. Sometimes the handset is sold to the customer at a greatly discounted price (or even given away for free), as long as the customer also agrees to a two-year service contract. Accounting rules require the seller to allocate a portion of the total contract value to the handset (to be recognized as revenue up front) and a portion to the service contract (to be recognized over the life of the contract). The seller uses assumptions in estimating how to split the revenue between the two deliverables. By changing these assumptions or
Howard Schilit (Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports)
One of the masters of trendspotting is Rohit Bhargava, author of Non-Obvious. He curates the biggest trends each year and packages them up into a book. Then he explains how people and businesses can take advantage of these trends to improve their position in the marketplace. Thinking deliberately about trends is a secret sauce for most successful hustlers, because it creates an unfair advantage. When Evan Spiegel built Snapchat, he was capitalizing on a trend. He saw people using Facebook and their phones to share photos, but noticed they felt inhibited by the fact that the images were either permanent, or public. By reversing those two elements―making image-sharing ephemeral and private, he solved a big problem. Snapchat exploded across the younger demographics and quickly became a multibillion-dollar business. Another example is Kik, a popular messaging app. When Kik launched, plenty of messaging services already existed. In fact, the ultimate messaging services seemed to be the ones already  built into everyone's phones. Apple had a messaging app, and so did Android. So, why reinvent the wheel? Ted Livingston, the founder of Kik, had other ideas. Why? Because he had identified a trend. Consumers were clearly upset with the built-in messaging services. First, the telecom companies were charging per message sent and received, which was a horrible experience. It felt like classic, capitalistic highway robbery. Second―and this was a big problem for teens: You could only exchange messages by giving out your phone number. Livingston noticed that teens wanted to chat with other people they met online, but had no safe way of doing that without giving out their number. So he created Kik, which allows people to create a username instead. Kiksters can then share their username to start chatting, while keeping their digits private. But even better, messaging is unlimited, and completely free. By examining the trends happening in the messaging market, Livingston was able to build a product that rivaled the multi-billion dollar incumbents. Now his company is valued at over a billion.   
Jesse Tevelow (Hustle: The Life Changing Effects of Constant Motion)
Qualche anno fa il ministero dell’Istruzione, dell’Università e della Ricerca lanciò alcuni «distretti tecnologici» orientati a emulare a livello locale le condizioni del successo di Silicon Valley e di Israele: collaborazione stretta nell’arco di cinquanta chilometri tra università, imprese innovative e venture capitalists, con lo Stato/Regione fornitore del seed capital del distretto. Il distretto pilota «Torino wireless», focalizzato sulla tecnologia cellulare, protagonisti il Politecnico di Torino, la regione e alcune imprese del calibro di Telecom, Motorola e ST Microelectronics, diede ottimi risultati; così pure il distretto tecnologico dei materiali avanzati di Napoli.
Roger Abravanel (Meritocrazia: Quattro proposte concrete per valorizzare il talento e rendere il nostro paese più ricco e più giusto)
Gates put it to me this way: “For good stuff to happen, it requires a lot of things to go well—you need many pieces to get stability right.” None of it is going to happen overnight, but we need to work with the forces of order that do still exist in the World of Disorder to start building a different trajectory, beginning with all the basics: basic education, basic infrastructure—roads, ports, electricity, telecom, mobile banking—basic agriculture, and basic governance. The goal, said Gates, is to get these frail states to a level of stability where enough women and girls are getting educated and empowered for population growth to stabilize, where farmers can feed their families, and where you “start to get a reverse brain drain” as young people feel that they have a chance to connect to and contribute and benefit from today’s global flows by staying at home and not emigrating. Believe
Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
Ling’s hard work showed success. Chinese investments flowed in torrents into India’s telecom sector. Half of India’s telecom network ran on Chinese networking equipment. That half of India’s telecom network had become one giant listening outpost for the Chinese intelligence network. Ling was a rising star and he knew it.
Abhinav Agarwal (Predators and Prey)
Disruptive technologies are dismissed as toys because when they are first launched they “undershoot” user needs. The first telephone could only carry voices a mile or two. The leading telco of the time, Western Union, passed on acquiring the phone because they didn’t see how it could possibly be useful to businesses and railroads—their primary customers. What they failed to anticipate was how rapidly telephone technology and infrastructure would improve (technology adoption is usually non-linear due to so-called complementary network effects). The same was true of how mainframe companies viewed the PC (microcomputer), and how modern telecom companies viewed Skype.
Andrew Chen (The Cold Start Problem: How to Start and Scale Network Effects)
A swirling ride through corporate espionage and the dark depths of company loyalty, The Telecom Takeover is an intriguing cross of thrills and character-driven drama. This is an authentic, behind-the-scenes look at corporate malfeasance mixed with a compelling high-stakes thriller.
Self-Publishing Review
In 2008 Nokia led the world in mobile phone sales. When Apple introduced the iPhone, few thought it would take off. The trend was to make handsets smaller and cheaper, but Apple’s was bulkier, pricier, and buggier. Nokia’s frame came from the conservative telecom industry, valuing practicality and reliability. Apple’s frame came from the breathlessly innovative computing industry, valuing ease of use and the extensibility of new features via software. That frame turned out to be a better fit for the needs and wants of consumers—and Apple dominated the market.
Kenneth Cukier (Framers: Human Advantage in an Age of Technology and Turmoil)
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When the smoke clears, we can expect to see about a hundred dominant players in about fifty distinct markets, known as value chains, around the world. In most cases there will be a duopoly of two giants in each market. The concepts of banking, financial services, and insurance will converge. Consolidation of telecom, entertainment, and tech will accelerate.
R "Ray" Wang (Everybody Wants to Rule the World: Surviving and Thriving in a World of Digital Giants)
When Heenehan Telecom Company took over Principal Processing Company, it fired all the staff except Jim Dennis and Beth Madison. They were tax accountants like fish out of water in the new company. The environment was hostile, the bosses were unbearable, and the cliques hated their guts. However, trouble started when a colleague, Amber Wolfe, started acting suspiciously and sabotaging their work. Jim and Beth found out the airhead exterior was only a facade, and Amber had dangerous ties to notorious cyber-terrorists. They were sitting ducks. Jim and Beth collaborate with external friends to save the company, their lives, and their careers. Would they succeed with the odds stacked against them, from bosses to colleagues? The Telecom Takeover by Beverly Winter tells the complete story. The Telecom Takeover by Beverly Winter is an intriguing novel that focuses on the corporate world. This story was riveting, from the office shenanigans to unfavorable policies to workplace bureaucracy to insensitive and selfish bosses. Winter also exposed the employee dynamics, power play, and scheming happening in the corporate world. This book has a solid plot, and the character development was beautiful. The story was also thought-provoking as I asked myself how much a person could take before throwing in the towel. At what point does perseverance become hopelessness? I could never work in such a dysfunctional environment and under such conditions. The overworked minions got the least pay while the bosses, who knew nothing, cornered fat bonuses. I loved how the tables turned on Judy. It was the best part of the novel. Keep writing beautiful stories, Beverly Winter." Jennifer Ibiam for Readers’ Favorite, ★★★★★
Beverly Winter (The Telecom Takeover: A Corporate Thriller)
With powerful friends and knowledge of underhanded methods, former spooks were a step ahead in the struggle for property amid the wreckage of the Soviet state. Some provided security for leading businessmen. Alexei Kondaurov, a former KGB general, was hired by banker-turned-oilman Mikhail Khodorkovsky. Others, such as Alexander Lebedev, built business empires spanning from telecoms to textiles. A third group, which included Vladimir Putin, worked directly in the government.
Chris Miller (Putinomics: Power and Money in Resurgent Russia)
In 2011, just four Wall Street banks—JPMorgan Chase, Citigroup, Bank of America, and Goldman Sachs—accounted for 95 percent of the financial industry’s derivatives trading in the United States.34 It is a pattern of concentration that prevails in many other industries too, from media and computing to telecoms and supermarkets. Anyone who has played the board game Monopoly is well versed in the dynamics of Success to the Successful: players who are lucky enough to land on expensive properties early in the game can buy them up, build hotels, and reap vast rents from their fellow players, thus accumulating a winning fortune as they bankrupt the rest. Fascinatingly, however, the game was originally called ‘The Landlord’s Game’ and was designed precisely to reveal the injustice arising out of such concentrated property ownership, not to celebrate it.
Kate Raworth (Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist)
As MIT Media Lab’s Joi Ito puts it, the online economy was not won by the closed-loop “intranets” of the early networking business—not by France Telecom’s Minitel system, or by the internal networks of AOL or Prodigy—but by the fully accessible Internet made possible by the TCP/IP pair of open protocols. The Internet’s open constitution has since been protected by an alphabet soup of global, not-for-profit bodies—albeit with some concern about their excessive power. The Hyperledger project seemed to be forming around similar principles.
Michael J. Casey (The Truth Machine: The Blockchain and the Future of Everything)
The fact is that one person’s growth stock is another’s value stock. Recently, the investment data company Lipper has reported that Citigroup, AIG and IBM are among the top 15 mutual fund holdings in both the large company “value” and “growth” categories. This brings us to our next point, which perhaps best explains why Marathon should never be labelled as a pure value investor. Our capital cycle process examines the effects of the creative and destructive forces of capitalism over time. A growth stock usually becomes a value stock after excess capital, lured in by large current profitability, brings about a decline in returns. When this becomes extreme, as was the case during the technology bubble, the resultant bust can turn growth stocks into value stocks almost overnight. The telecoms sector provides
Edward Chancellor (Capital Returns: Investing Through the Capital Cycle: A Money Manager’s Reports 2002-15)
The former banker helped us with the financial plans, figuring out how much we could afford to bid in the auction. We concluded that we could certainly bid USD 45 million for a 20-year license in Hungary. Swedish Telecom was very confident, their CEO had said in radio interviews that he thought that 1 in 4 people would have a mobile phone by the year 2000. This was overly optimistic according to the other consortium partners. They were more conservative and we had difficulty persuading them to put up more money
Ineke Botter (Your phone, my life: Or, how did that phone land in your hand?)
Ariel’s landline is ringing, a rare event. The only reason she still has this line is because somehow her overall service would be more expensive without it, a state of affairs that makes it clear that someone is getting away with something at her expense. The telecom companies don’t even try to hide it anymore.
Chris Pavone (Two Nights in Lisbon)
He mentioned his present job, said his goal was to lead a telecom investment team in south Asia, and noted ties between his country of origin and the region he hoped to work in as well as two key relationships that would be useful. The little speech took less than a minute but was packed with information. He’d clearly given thought to every word and thoroughly rehearsed it.
Sally Helgesen (How Women Rise: Break the 12 Habits Holding You Back from Your Next Raise, Promotion, or Job)
In my thirty-fourth year to heaven, I find myself at the copy machine of an exalted, ivy-embroidered university, pressing down on the spine of a memoir by Vladimir Nabokov. The green light under my hands slides over the book’s face, and the spillage from the edges scalds through my shut eyelids. It’s seven-thirty a.m., and I can feel the corpse tint of my face: Frankenstein-monster green. The machine goes whap…whap at slower intervals than the throb in my head, which sounds like thunk. The whaps stab me. The thunks make my eyes bulge in their sockets like a squeezed rubber doll’s. It’s my first year teaching six classes, which has freed me from the deeply respectable but non-writer-esque telecom consulting I could spend eighty hours a week at. Not a new-mom job by any stretch, that work. The sole vestige of the career? I’m on retainer freelancing for a business mag whose editor has left two strongly worded messages on our machine. I’m late with my article on the new Russian perestroika. Whap…thunk. The image of my blond three years’ son this morning, sobbing and holding out his arms to me while Warren strapped him into the child seat, is a hot stove I can’t stop touching. Warren drops him off at daycare now for reasons that are complex.
Mary Karr (Lit)
Writing software that could interact with the telecom system turned out to be an insanely difficult challenge. Telecom is a weird, complicated world, full of arcane technology and terminology with loads of cruft and crust that has built up over the decades, plus a litany of rules and regulations. On top of that, the carriers are notoriously slow moving and difficult to work with. But as we dug in and realized how hard it truly was, that encouraged us even more. The worse the legacy world was to deal with, the bigger our opportunity was to simplify it and improve the customer experience.
Jeff Lawson (Ask Your Developer: How to Harness the Power of Software Developers and Win in the 21st Century)
An API lets web developers do things over the telecom system without having to learn how to speak telecom. They just write some code in common languages they already know, like Ruby, Python, JavaScript, or Java, and use it to build apps that can make and receive phone calls.
Jeff Lawson (Ask Your Developer: How to Harness the Power of Software Developers and Win in the 21st Century)
What are your feelings from Bush to Obama? Besides being responsible for the death of half a million people, I feel like Bush dealt a huge economic and social blow to the USA, one from which we may never fully recover. He directly flushed 3 trillion dollars down the toilet on hopeless, pointlessly destructive wars in Afghanistan and Iraq …and they’re not even over! For years to come, we’ll be paying costs for all the injured veterans (over 50,000) and destabilizing three countries, because you have to look at the impact that the Afghan war has on Pakistan. Bush expanded the use of torture, and created a whole new layer of government bureaucracy (the “Department of Homeland Security”) to spy on Americans. He created Indefinite Detention (at Guantanamo and other US military bases) and expanded the use of executive-ordered assassinations using the new drone technology. On economic issues, his administration allowed corporations to run things and regulate themselves. The agency that was supposed to regulate oil drilling had lobbyist-paid prostitutes sleeping with employees while oil industry lobbyists basically ran the agency. Energy companies like Enron, and the country’s investment banks were deregulated at the end of the Clinton administration and Bush allowed them to run wild. Above all, he was incompetent and appointed some really stupid people to important positions at every level of government. Certainly, Obama has been involved in many of these same activities. A few he’s increased, such as the use of drone assassinations, but most of them he has at least tried to scale back. At the beginning of his first term, he tried to close the Guantanamo prison and have trials for many of the detainees in the United States but conservatives (including many Democrats) stirred up public resistance and blocked this from happening. He tried to get some kind of universal healthcare because over 50 million Americans don’t have health insurance. This is one of the leading causes of personal bankruptcies and foreclosures because someone gets sick in a family, loses their job, loses their health insurance (because American employers are source of most people’s healthcare) and they can’t pay their health bills or their mortgage. Or they use up all their money caring for a sick family member. So many people in the US wanted health insurance reform or single-payer, universal health care similar to what you have in the UK. Members of Obama’s own party (The Democrats) joined with Republicans to narrowly block “The public option” but they managed to pass a half-assed but not-unsubstantial reform of health insurance that would prevent insurers from denying you coverage when you’re sick or have a “preexisting condition.” The minute it was signed into law, Republicans sued in the courts (all the way to the supreme court) and fought, tooth and nail to block its implementation. Same thing with gun control, even as we’re one of the most violent industrial countries in the world. (Among industrial countries, our murder rate is second only to Russia). Obama has managed to withdraw troops from Iraq and Afghanistan over Republican opposition but, literally, everything he tries to do, they blast it in the media and fight it in Congress. So, while I have a lot of criticisms of Obama, he is many orders of magnitude less awful than Bush and many of the positive things he’s tried to do have been blocked. That said, the Democratic and Republican parties agree on more things than they disagree. Both signed off on the Afghan and Iraq wars. Both signed off on deregulation of banks, of derivatives, of mortgage regulations and of the energy and telecom business …and we’ve been living with the consequences ever since. I’m guessing it’s the same thing with Labor and Conservatives in the UK. Labor or Democrats will SAY they stand for certain “progressive” things but they end up supporting the same old crap... (2014 interview with iamhiphop)
Andy Singer
industries – has become most apparent over the last decade and a half. During this period, software has “eaten” media, telecom, professional services, and retail and is increasingly “eating” banking, healthcare, education, energy, transportation
Sangeet Paul Choudary (Platform Scale: How an emerging business model helps startups build large empires with minimum investment)
In his searches, Schwall noticed something else, though at first he didn’t know what to make of it: A surprisingly large number of the people pulled in by the big Wall Street banks to build the technology for high-frequency trading were Russians. “If you went to LinkedIn and looked at one of these Russian guys, you would see he was linked to all the other Russians,” said Schwall. “I’d go to find Dmitri and I’d also find Misha and Vladimir and Tolstoy or whatever.” The Russians came not from finance but from telecom, physics, medical research, university math departments, and a lot of other useful fields. The big Wall Street firms had become machines for turning analytically minded Russians into high-frequency traders.
Michael Lewis (Flash Boys)
Use More Extreme Criteria. Think of what happens to our closets when we use the broad criteria: “Will I wear this someday?” The closet becomes cluttered with clothes we never wear and probably never will. If you ask, “Will I absolutely wear this in the next six months?,” you’re more likely to get rid of an item to make space for something better. Simplification works especially well when you use extreme criteria to challenge how things are done. Some examples: • To solve this problem, give me a solution that would shock people. • To solve this problem, give me an idea that would get you fired. • To solve this problem, give me an idea that would eliminate all or a seemingly impossible amount of something. Example: A group within a telecom company wanted to cut meetings, so they challenged each business unit to eliminate 50 percent of their meetings, knowing full well that this would be near impossible. In the end, managers reporting cutting 15 percent of their meetings, greater than the 5 percent they originally expected.
Lisa Bodell (Why Simple Wins: Escape the Complexity Trap and Get to Work That Matters)
The corporate czars we celebrate—with some exceptions—are second or third-generation tycoons who run huge empires comprising dozens of unrelated businesses. Traditional management theory will wonder how a company can be in food, telecom, power, construction and financial sectors all at the same time. However, in India, such conglomerates thrive. The promoters of these companies have the required skill—navigating the Indian government maze. Whether it is obtaining permission to set up a power plant, or to use agricultural land for commercial purposes, or to obtain licences to open a bank or sell liquor—our top business promoters can get all this done, something ordinary Indians would never be able to. This is why they are able to make billions. We then load them with awards, rank them on lists and treat them as role models for the young. In reality, they are hardly icons. They have milked an unfair system for their personal benefit, taking opportunities that would have belonged to the young on a level playing field. Indian companies make money from rent-seeking behaviour, creating artificial barriers of access to regulators, thereby depriving our start-ups of wealth-generating opportunities. None of the recent technologies that have changed the world and created wealth—telecom, computers, aviation—have come out of India. Yet, our promoters have figured out a way to make money from them by bulldozing their way into their share of the pie, rationing out the technology to Indians and setting themselves up as modern-day heroes. In reality, they are no heroes. They are the opposite of cool and, despite their billions, they are what young people call 'losers'. For if they are not losers, why have they never raised their voices against governmental corruption? Our corporate honchos don't think twice before creating a cartel to fleece customers. Yet they have never even thought about creating a cartel to take a stand against corrupt politicians. The Great Indian Social Network, page 16 and 17
Chetan Bhagat (What Young India Wants)
Today there are airline companies, telecoms, streaming music services, and newspaper publishers all asking the same kinds of questions: What’s the value of this new service (or route) to our subscriber base? Is it receiving the kind of support that we predicted it would? How long are our members staying with us? What does our growth efficiency look like? What do our usage patterns tell us about where to apply more resources? Who might be at risk of churning?
Tien Tzuo (Subscribed: Why the Subscription Model Will Be Your Company's Future - and What to Do About It)
His order cited "credible evidence" that a takeover "threatens to impair the national security of the US".Qualcomm was already trying to fend off Broadcom's bid.The deal would have created the world's third-largest chipmaker behind Intel and Samsung.It would also have been the biggest takeover the technology koo50 sector had ever seen.The presidential order said: "The proposed takeover of Qualcomm by the Purchaser (Broadcom) is prohibited. and any substantially equivalent merger. acquisition. or takeover. whether effected directly or indirectly. is also prohibited."Crown jewelSome analysts said President Trump's decision was more about competitiveness and winning the race for 5G technology. than security concerns.The sector is in a race to develop chips for the latest 5G wireless technology. and Qualcomm was considered by Broadcom a significant asset in its bid to gain market share.Image captionQualcomm has already showcased 1Gbps mobile internet speeds using a 5G chip"Given the current political climate in the US and other regions around the world. everyone is taking a more conservative view on mergers and acquisitions and protecting their own domains." IDC's Mario Morales. vice president of enabling technologies and semiconductors told the BBC."We are all at the start of a race. and you have 5G as a crown jewel that everyone wants to participate in - and every region is racing towards that." he said."We don't want to hinder someone like Qualcomm so that they can't provide the technology to the vendors that are competing within that space."US investigates Broadcom's Qualcomm bidQualcomm rejects Broadcom takeover bidHuawei's US smartphone deal collapsesSingapore-based Broadcom had been pursuing San Diego-based Qualcomm for about four months.Last week however. Broadcom's hostile takeover bid was put under investigation by the Committee on Foreign Investment in the US. a multi-agency led by the US Treasury Department.The US company had rejected approaches from its rival on the grounds that the offer undervalued the business. and also that any takeover would face antitrust hurdles.Earlier this year. Chinese telecoms giant Huawei said it had not been able to strike a deal to sell its new smartphone via a US carrier. widely believed to be AT&T.The US also recently blocked the $1.2bn sale of money transfer firm Moneygram to China's Ant Financial. the digital payments arm of Alibaba.
drememapro
Mobile Virtual Network Operators (MVNOs) have been around in the telecom world since the dawn of the 21st century. However, since their inception, their role has kept on changing. From broadly voice-based service providers to 3G purveyors, MVNOs have evolved in their services with time. Nowadays, in this world of intense competition, the success of MVNO completely depends on their ability to think out of the box. It is their ingenuity in creating customer-driven plans that decides their fate in today’s heavily saturated telecom market. The present-day MVNO subscribers are finicky, moody and disloyal. It is an MVNO’s task to inspire confidence in them, attract them towards their services and ensure that they stay loyal. The Challenge Faced by Different MVNOs Evoking customer trust and then ensuring that it is maintained is probably the toughest challenge faced by an MVNO in telecom. Especially in the competitive world of today that demands a differentiation in service along with an attractive pricing model. Based on their infrastructural capabilities, MVNOs can be divided into: 1. Skinny MVNOs: Equipped with their own voice mail, content applications, SMSC, prepaid and VAS. 2. Thin MVNOs: Apart from the infrastructure above, they also have AUC, EIR, HLR, and IN. 3. Thick MVNOs: Along with infrastructure of a thin MVNO, thick MVNOs also have a VLR and MSC. Regardless of the kind of MVNO that you are running, there are some major challenges that you need to overcome. While a skinny MVNO does not have to worry too much about the infrastructure, he cannot scale his operations as well as a thin or thick MVNO. On the other hand, a thick MVNO may be able to scale his operations well, but he might get too involved in managing the infrastructure with very little time for branding and marketing. The Importance of MVNE/MVNA Partnership for Overcoming Challenges As MVNOs are considerably smaller than a full-fledged MNO (Mobile Network Operator), they need support from MVNEs (Mobile Virtual Network Enablers) to get their job done. A capable MVNE with a comprehensive MVNO software solution like Telgoo5 can provide the following benefits to an MVNO: 1. Better billing – Billing is probably the toughest task for an MVNO to undertake all by itself. Any mistake or inefficiency in billing tasks can have a major bearing on MVNO subscribers. But when you partner with an MVNE like Vcare, you get access to a cutting-edge MVNO billing software solution. With a convergent billing solution by your side, you can create itemized bills with details of all types of services used by your subscribers. 2. Profitable deals with MNOs – Partnership with a competent MVNE/MVNA can help you get better-priced deals with an MNO. This will allow you to deliver the services at a lower rate to your MVNO subscribers while still making a profit. 3. Avoid red tape – Running a successful MVNO operation requires you to get into contracts with different carriers and vendors. By partnering with a competent MVNE like Vcare (who already has fully-licensed platforms and contracts with vendors), you are able to bypass the process of signing new deals, thereby saving considerable time and effort.
tomas jarvis
It's not about anthenes, cables, routers.. it is about to turn satellites obsolate.
Tiago Meurer
Through Falk, he had come to understand that he who controlled electronic communication controlled everything. It was especially what Falk told him about how wars would be fought in the future that excited him. Bombs would be nothing more than computer viruses smuggled into the enemy’s storehouse of weapons. Electronic signals could eliminate the enemy’s stock markets and telecom networks. The time of nuclear submarines was over. Future threats would come barrelling down the miles of fiberoptic cables that were slowly entangling the world like a spiderweb.
Henning Mankell (Firewall (Wallander #8))