Skip to main content

Business Week Global 1200 Dinosaurs

Business Week reports, "amid the rapid technological and economic shifts of our hypercompetitive world, here's a surprise: The top multinationals remain amazingly stable. Eight of the 10 companies that head up BusinessWeek's Global 1200, a ranking of corporations worldwide by stock market value, are the same ones that made the top 10 last year."

In contrast, regarding the telecom sector, BW has the following opinion.

"The big land-line telcos are losing appeal. Decliners included Australia's Telstra, Verizon Communications Inc. (VZ ) of the U.S. and Europe's ex-monopolies, Telecom Italia (TI ), France Telecom (FTE ), Deutsche Telekom (DT ), and Spain's Telef�nica (TEF ). The message: traditional land-line voice service is going the way of the dinosaur. Most of the telcos that moved up in our ranking are mobile operators such as Britain's O2 and Am�rica M�vil (AMX ) -- the mobile telephone giant controlled by Mexican billionaire Carlos Slim rose 91 places, to 152. One-third of the company's 83.6 million Latin American clients are in Mexico, where low interest rates and fast-expanding consumer credit have fueled demand for cellular phones and other electronic gadgets. Meanwhile, China Mobile Ltd. (CHL ), the top Chinese company on the list, moved up 24 places, to 36, with a market cap of $97 billion."

Popular posts from this blog

How WLAN Transforms Industrial Automation

The industrial sector is on the eve of a wireless transformation, driven by an urgent demand for greater network capacity, reliability, and deterministic performance. Historically, manufacturers and mission-critical operations have relied on wired networks — favoring their predictability — because spectrum congestion in legacy 2.4GHz and 5GHz bands limited confidence in wireless for operational technology (OT) environments. However, with the introduction and rapid adoption of the 6GHz spectrum, compounded by significant advances in Wi-Fi standards, industrial facilities are now poised to embrace wireless LANs as the backbone for automation and digital innovation. Industrial WLAN Market Development Recent research from ABI Research forecasts that over 70 percent of industrial-grade wireless LAN access points (WLAN APs) shipped in 2030 will support the 6GHz band. This is a leap from 2 percent in 2023, highlighting a rapid and profound technological shift. The market for ruggedized indust...