The investment would give Whittle Communications financing at a relatively low cost; the interest is 6 percent.

He is bent on transforming Whittle Communications into a multibillion-dollar company that will touch people virtually every place they venture.

At Whittle Communications, he seeks strengthened secondary education through competition and choice.

Time Inc. agreed to pay $185 million for a half-interest in Whittle Communications.

Yale's president stunned university trustees by announcing he was leaving to head Whittle Communications' ambitious effort to create a national private school system.

Engineers from Whittle Communications arranged the hook-up - and for most of Monday could not make it work.

Officials of Whittle Communications said the sponsors would have no influence on the the program's content.

In another investment with Whittle Communications, four shares of stock that cost $10,000 were sold within a year for $330,000.

He was previously vice president and publisher at Whittle Communications, New York.

Philips is reportedly set to invest as much as $300 million in Whittle Communications.