History of radio a system for transmitting intelligence and wireless power using the earth as the medium. Others, such as Amos Dolbear, Sir Oliver Lodge, Reginald Fessenden, and Alexander Popov were involved in the development of components and theory involved with the transmission and reception of airborne electromagnetic waves for their own theoretical work or as a potential means of communication. Over several years starting in 1894 the Italian inventor Guglielmo Marconi built the first complete, commercially successful wireless telegraphy system based on airborne Hertzian waves (radio transmission). Marconi demonstrated the application of radio in military and marine communications and started a company
Marconi Wireless Telegraph Company of America of United Wireless' tangible assets, which in turn on March 29, 1912 were sold by the parent company to American Marconi. It would later be alleged that this had unfairly benefited some British investors, in what came to be known as the Marconi scandal. The acquisition would prove to be a tremendous boost to American Marconi's fortunes, and the company boasted that "There is now nothing in the way of Marconi becoming the only system of commercial importance in the world." Recently passed laws required U.S. passenger ships to carry radio equipment, and American Marconi's near monopoly allowed it to