Tag Archives: Telecom

Telecom Italia chairman says no contact with Trujillo

BRUSSELS (Reuters) – Telecom Italia Chairman Giuseppe Recchi said on Wednesday there has been no contact with Sol Trujillo following reports that the U.S. businessman is interested in bidding for a stake in the Italian telecoms group. “I have never … Continue reading

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Shareholders challenge Telecom Italia’s exit from Argentina

MILAN (Reuters) – Telecom Italia should hang on to its controlling stake in Telecom Argentina, a group of small investors said on Friday, reflecting growing unease among shareholders about a planned exit. The comments added to pressure on the Telecom … Continue reading

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Indonesia’s Bakrie Telecom sued in the U.S. over $380 million bond

By Eveline Danubrata and Umesh Desai JAKARTA/HONG KONG (Reuters) – Investors have filed a lawsuit in the United States against Indonesia’s PT Bakrie Telecom Tbk and associated companies for allegedly breaching the terms of a $ 380 million bond, by … Continue reading

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Telecom mergers rein in growth for U.S. network gear makers

Telecom giants AT&T Inc and Sprint Corp are taking time to decide whether to upgrade existing wired networks or roll out 4G networks, forcing gear makers to cut expectations for what is usually the stronger half of their year. Ciena … Continue reading

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Telecom Italia in a bind after losing GVT bid battle

By Leila Abboud, Pamela Barbaglia and Stephen Jewkes PARIS/LONDON/MILAN (Reuters) – Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating … Continue reading

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China Telecom expands 4G network trial to a total of 40 Chinese cities

China Telecom has received government approval to test its 4G high-speed network in a total of 40 cities, up from 16 previously, the carrier said Thursday. The Ministry of Industry and Information Technology, which allowed China Telecom to test its … Continue reading

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Telecom Italia, Telefónica battle for GVT

Vivendi has received two offers for its Brazilian unit, signalling the beginning of a bidding war between the two European operators Asia homepage

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U.S. to review rates for telecom special access lines

The services are highly lucrative for large carriers, such as Verizon Communications Inc and AT&T Inc . The FCC has now received approval from the Office of Management and Budget to begin collecting information from providers and some purchasers of … Continue reading

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Latin American telecom firm NII Holdings may seek bankruptcy

(Reuters) – Mobile service provider NII Holdings Inc, reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and Mexico. “Despite the actions we’ve taken to … Continue reading

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T-Mobile deal collapse could spark telecom price war

By Marina Lopes WASHINGTON (Reuters) – Sprint Corp's newly appointed Chief Executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of U.S. handsets to Latin America, into a distributor valued at … Continue reading

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