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Show D6 _ _ : ; - __ The Salt Lake Tribune BUSINESS AT&TPlans Tuesday, December7, 1999 CENTERPIECE aeae WTO Trade Talks Expected to Slow Down TIEASSOCIATEDPRESS NEW YORK With elections near, Clinton administration did not supply enoughleadership in Seattle,critics say AT&Tplansto separate its wireless operations BY HEIDI PRZYBYLA from the rest of the company and BLOOMBERG NEWS sell stock in the business, funding aninitiative to bring telephone andInternet service into homes WASHINGTON — The collapse of the World Trade Organization's market-openingtalks in without wires. Seattle is unlikely to halt a half-century dash AT&TWireless Group would be distributed to AT&T's regular shareholders, but up to 19 percent slow the progressto a bit of a crawlfor a while. That's the view of executives andofficials from the United States to the European Union might bethe largest initial public 24ministration for beingill-prepared for the Mostof the shares in the new of the stock would be sold in what ss ever. offering The wireless IPO proposed on talks. , Somefree trade advocates say they don’t Monday couldraise up to $10 bil. @XPect a new round of WTOnegotiationsuntil The money would provide in 2001 because other nations are not sure he badly needed capital as AT&T Could deliver on anyagreement this late in his administration. Others say demonstrations by lion for AT&T. attempts to set up a communicaMONS iHetWwork eventually intended to provide a combina. tion oftelevision, phone and Roatan ane. across the infec services Vik T's main Bes ategy for pro- * viding these services is to use a technology it cable ‘IV wires, hopes will coverhalf the nation’s homes, To cover areas where AT&T doesn’t ge have acce cable TV after President Clinton leaves the White House |on members and other protesters on the Streets of Seattle illustrate distrust among ™4nY Se a ites)ade ae a issue many wou! wantto tacklepresidential candidates / i “International commerce is not going to ‘ Sas 7 come to a screeching halt,” said Willard Workman, vice presidentof the U.S. Chamber of Commerce. “Butciearly other countries are not goingto be interested in a new round until after the American elections and until they find whothey're going to be negotiating with.” Some executivessaid they remain confident wites. it plans touse “fixed wire: less” technology, which beams signals fromtowers to home sat- negotiators from the WTO's 135 memberstates wil] makeprogress in talks on agriculture and services set to start in January. Still, com- announced Monday will be used to fund development of the fixed missioner Pascal Lamy and others suggest thereis likelyto be a lull in tradepolicy during the next 18 months. ellite dishes or antennas. The money raised in the stock offering wireless business, along with increasing AT&T's mobilephone capacity, which being strained in some majorcities. __In general, fixed wireless service has only been used to reach lucrative business customers because the equipment was too ments like those by Workman, EU Trade Com“We all madea mistake in thetiming when we tried to launch a multilateral round at the beginning of an American election,” Lamy said Monday. “The Americans tackled the negotiations on the assumption that they would make no concessions.” The WTOonFriday abandoned itsefforts to Jaunch another global round of market- expensive to make residential deployment worthwhile. openingtalksafterfailing to resolve conflicts among the Unites States, European Union, But AT&T executives who pre- Japan and developing countries. Thedisagree- sentedthe plan at a meeting with analysts in New York said costs have come down enough to make fixed wireless a feasible alternative for residentialservice. “The WTO gota black eye in export subsidies, while Japan insisted on Seattle. Business got a black eye.” imports, a practice knownas “dumping.” John the Baptist Elementary, Still, Australian Deputy Prime Minister John Anderson joined those criticizing the ie eunineaae for failing to take the Guardian Angel Day Care and Juan Diego Catholic High School, the center is the largest pre. ments ranged from a U.S. proposal to weave labor rights into the WTO’s agendato whether the WTO should study biotechnology’s impact onfood. The debates inside Seattle’s convention tects for its design of the Skaggs challenging U.S. laws penalizing low-priced toward free trade. The breakdown just might to Australia, many of whom blametheClinton MHTN Architects Inc. received an Honor Award from the American Institute of Archi. supposed to do?” The European Union refused to eliminate Willard Workman Catholic Center. Consistingof St ead in Seattle. U.S. Chamber of Commercevice president kindergarten-through-12th-grade “{Clinton] played to domestic politics at a Catholic school in the United time when the American nation, in a very strong position of leadership, should have been able to carry this forward,” Anderson States, MHTN’s headquarters are jn Sait Lake City, with a branch office in Tucson, Ariz. tration’s proposal for a working group on labor proved to be one of the mostdivisive issues. 7, ee cmace eesathe make recommendations on increasing labor Orem. The company serves a told an Sustalianrile sen The simile center took place against a backdrop of sometimesviolent protests by some 40,000 people outside. The demonstrators accused the WTO Clinton proposed that the working group of promoting policies that degrade the environment, lower working conditions worldwide and widen the wealth gap between developing and developed nations. Food Court at University Mall in standards. The plan was opposed by many te ck Geri eournie? i Addingto the confusion wasa last-minute developing ante nations, whichatview inexpensive labor astheir chief competitive advantage. mutiny by many developing countries, who complained they were cut outof the decisionmakingprocess. “The WTOgot a blackeyein Seattle,” said tionthat’s supporting Vice PresidentAl Gore’s C&K Repair has opened a campaign for president and which spear- heavy equipment and diesel headed theprotests in Seattle. And that made repair shopat the Utah Industrial Workman.“Business got a black eye.” TheSeattle failure is hardly a fatal blow for free trade. More than 60 percentof world trade is now carried out with virtually no barriers, estimates C. Fred Bergsten, director of the Institute for International Economics, a Washington-based think tank. That figure combines the trade carried out within the European Union, the North American Free Trade Area, the Asia-Pacific Economic Cooperation group and otherpacts. In addition, WTO Director General Mike Mooresays about 30 countries are seeking to join the Geneva-based organization, which sets the rules for world trade. These include China, Russia, the Ukraine and SaudiArabia. For its part, the Clinton administration — which has scored somebig victories in free trade — says this is merely a time to slow down. In 1994 alone, Clinton pushed NAFTA — linking the United States, Mexico and Canada in trade — andlegislation creating the WTO itself through Congress. US. officials blamed intransigence by the European Union and Japan on someissues for thefailure of the . “The Japanese wouldn’t give on dumping, Yet the idea of a working group was “ISS: endorsed by the AFL-CIO, a U.S. union federa- a it difficult for the United States to back down Depot in Tooele. C&K employs on the proposal even in the face of mounting twopeoplebutplansto hire more opposition. The WTOis unlikely to make much head- with the move into the new office. The Utah Industrial Depot is on because of the administration's mismanagementofthe conference,said Julius Katz,a U.S. to Tooele Army Depot. way on major trade issues in the next year 1,700 acres that formerly belonged negotiator during the Uruguay roundoftalks, The Salt Lake City branch of whichlasted from 1986 to 1994. “Tt was just a very amateurish perfor- Burns & Wilcox Ltd. has moved to 4001 S. 700 East, Suite 800. With mance,” Katz said. “They fumbled and fumbled and waited muchtoo long before the con ference” before setting a basic agenda that would have helped them call the conference a headquarters in Farmington Hills, Mich., the business is an insurance company, serving more than 25,000 agentsin 21 states. success. Now,becauseof the breakdown,“talks are cee stalled,” he said. U.S. Trade Negotiator Charlene Barshefsky Cache waae Electric of Logan has been awarded a con tract to provide electrical con- said Friday some nations weren't willing to maketheleap toward expandingfree trade. tracting for a new steel-tube mill in Hickman, Ark., being built by And Joe Lockhart, the president's spokes: faverick Tube Corp. ~ Q man, said it is merely time for a cooling-off period. EWP Engineering Inc. has “The ministers all left with the sense that some time wasneeded toreflect on the week,” been ranked as one of the five largest engineering companies in he said. “But we expect that at the appropriate Convergence on Mexico and Central America, industry developed in the United Robert Fleming Securities in New Partners LLC, FondElecEssential the Intermountain Region by McGraw Hill's Intermountain Contractor. Five firms from Utah, Idaho and Montana wereincluded based on their 1998 revenues. Q Novell Inc. of Provo Fi d N Inds ew D'Ambrosio said. Many of the company’s markets arerelatively small. But that could enable Convergenceto side- States, Convergence could becomean attractive acquisition if it succeeds in building a customerbasein its markets. York. The markets also are fairly open to competition. “So it allows Convergence to set up shop,” Radulovacki said. Services Growth Fund Lp, InternexusS.A., the International Finance Corp. and Glacie LatinAmerica Ltd. announced the availability of Novell Internet Messaging System 2.1, an Internete-mail system. The product provides business larger telecommunications. companies entering Latin America. Further, given the way the growing more than. 30 percent a year in Latin America, said Brad Radulovacki, an analyst with The companies backing Convergence are: Telematica EDC . “We went out looking for the right type of investors who knew yiders and others an e-mail system for hosting and centrally C.A., TCW/Latin America Latin America,”D'Ambrosiosaid. managing millions of user accounts. Investors step direct competition with Continued from D. and the Europeans wouldn't move on agricul: ture,” said Dan Cruise, a spokesman for the U.S. Commerce Department. “What were we Variety of German gourmet sau aines and traditional German Demand for data services is Pp shop, time we will . . . work to see what the best mechanism is for launching the new trade round.” a eae i ae . customers, Internet Service Pro- TITSTSowTS As your business Changes, 5 eee (esolak cae ae eeeLe) ‘ee eZee Pn Arceeay eam Ce Terrorism Voto eet| big)ei} PSCarey PB Caitya BASte coeee a Service Pelee Reyesomoy fortes TeelermIN PNtereimeCe is your productivity software keeping pace? UTEor ae NearCU) Witeresgestst ltt Treo icc Move up to Microsoft Office Microsoft Office 2000 makesit easier thanever to keep MELE Cotali) 2000and give your people ——growes youorganzation the essential tools to acess informed and work smart in a connected world. 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