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most favored-nation treatment/status
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A year ago. AT&T looked as if it might soon be sleeping with the fishes. Its long- time boss, Bob Allen, had been replaced in November 1997 by Michael Armstrong from Hughes Electronics, who was a relative novice in the telecoms business. The firm's long-distance operation was being whittled away by newcomers such as WorldCom.Its international alliances were floundering. it had wasted $ 4 billion trying to persuade its uppity offspring, the Baby Bells, to let it into their lucrative $ 100 billion local markets. People whispered that the only good bit of AT&T had been its equipment business. Yet in the past six months Mr. Armstrong has silenced most of his critics. Some of his moves - for instance slimming AT&T's workforce by another 18,000 people piling money into Internet research - were only to the expected. But AT&T has also begun to throw its weight around: It has terrified the Baby bells, first by buying TeleCommunications Inc, America's biggest cable -TV firm, for $ 48 billion and, this week, by forming a joint - venture with Time Warner, the second -biggest cable group, to deliver local telephone services. AT&T now has a potential line into 50 million American houses (more than 40% of the total), it talking with other big cable operators about extending its reach.Statements: 1.When Machael Armstrong replaced Bob Allen in November 1997, he was considered as an expert in the telecoms business.( ) 2.Though AT&T's long - distance operation was being reduced, its international alliances were doing extremely well.( ) 3.Mr.Armstrong was expected to make more employees redundant soon after he became the new boss of AT&T.( ) 4.Undr Machale Armstrong,AT&T threw its weight around by buying TeleCommunications Inc, by forming a joint - venture with Time Warner.( )5.Mr. Armstrong was quite irresolute in dealing with his critics.( )
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Haier appliances feature the latest technology styles have a reputation for durability. Ranked China’s consumer - electronics maker, Haier accounts for nearly 40% of the country's refrigerator sales a third of its washing - machine air -conditioner sales.it hopes to become an export powerhouse - “a famous global brlike Japan's Matsushita,” President Zhang Ruimin says. It already sells washing machines to Japan,air conditioners to France refrigerators to the U.S. Haier's success is helping the Chinese government pursue its goal of steering the economy away from labor - intensive industries such as textiles toys encouraging home - grown electronics technology companies to compete with Japan,South Korea other Asian nations as a global source of high-tech products.Statements:1.Haier appliances are technology - oriented,durable,but out of fashion.( ) 2.As the consumer-electronics maker in China,Hairer accounts for over 30% of the country's washing - machine air-conditioner sales.( ) 3.Haier's success has enabled the Chinese government to achieve its goal of steering the economy away from labor-intensive industries such as textiles toys. 4.Just like Japan's Matsushita. Haier has now become a famous global brand, selling washing machines to Japan, air conditioners to France refrigerators to the U.S. 5.Haier's success encourages Chinese electronics technology companies to compete with Japan, South Korea other Asian nations.
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