SurfWax News Index  |  Track News  |  Save/Exchange Information |  About Us

    News and Articles on Global Telecom

    Archives: Global Telecom

    US stocks sent reeling by high unemployment rate (Update)  Jul 3, 2009
    6 percent and billionaire Carlos Slim's telecommunications group Carso Global Telecom SAB shed 3. 4 percent. (The Star Online, Malaysia -- Business)

    * Acer targeting top five smartphone spots by 2012  Jun 17, 2009
    Acer is in talks with global telecom operator to sell its smartphones at an affordable price of between US$40 and US$50 per unit by bundling them with their services and subsidies, Acer vice president Roger Yuan (K) said. The price could lure feature phone users to switch to smartphones, he said. (Taipei Times, Taiwan -- Sports)

    The rise and rise of Bharti  May 26, 2009
    In 2000, Bharti got a major boost when global telecom major Singapore Telecommunication (SingTel) joined as a strategic partner. At present, SingTels effective stake in Bharti Airtel is 31. (India Times, India -- Intl Business)

    Global Telecom & Technology revenue up 16%  Mar 28, 2009
    Global Telecom ology revenue up 16% - Washington Business Journal ... Global Telecom ology revenue up 16 ... Excluding the one-time goodwill and intangibles write-down, we would have improved on the bottom line year-over-year, said Rick Calder, Global Telecom s president and CEO. In fact, in the fourth quarter 2008, GTT had positive operating income of $0. (Washington Business Journal, DC)

    Tech Mahindra in talks to buy Sloka  Mar 11, 2009
    It could also give them the platform to partner with global telecom majors in getting into the developing markets. Increasingly, global telecom players are looking at cost effective technology solutions to address developing markets such as India. (India Times)

    AT&Ts move expands stock of high-end homes in San Antonio  Mar 9, 2009
    Now, some seven months later, the global telecom company still has about 100 high-priced homes on the market in the Alamo City. These include homes formerly belonging to AT&T CEO and President Randall Stephenson and Wayne Watts, senior executive vice president and general counsel. (San Antonio Business Journal, TX)

    Movers & Shakers  Mar 2, 2009
    Mr. Montagner was managing director of the global telecom, media and technology merger and acquisition group of Banc of America Securities LLC.. Lender Processing Services Inc. of Jacksonville, Fla. (Insight on the News)

    Amdocs Helps Smooth the Road to 4G  Feb 16, 2009
    "The transition to 4G will bring considerations that span the length of carriers' infrastructure and systems, from cellsite backhaul to real-time events management to partner collaboration. Those who address these issues early will be able to deliver more services of higher quality at lower cost, giving them more flexibility in the more competitive times ahead," says Larry Goldman, practice leader - Global Telecom Software, Analysys Mason. "Amdocs is a leader in OSS and BSS, and has distilled... (PR Newswire)

    Redknee Reports 24% Revenue Growth and Profitability in First Quarter 2009  Feb 12, 2009
    Global telecom carriers continue to recognize Redknee's market leadership solution. In the first quarter of fiscal 2009, we signed two multi-million dollar contracts, one from an existing Tier 1 customer and the other from a new Tier 1 customer. (Canada Newswire)

    Bercut Takes a 300 Millionth Subscriber Under its Wing  Feb 11, 2009
    About Bercut: Bercut provides large global telecom holdings with customized, end-to-end solutions that ensure the largest profit with proven rates of financial profit per subscriber. Bercut's whole solutions create a user-friendly business environment for each subscriber, fully meeting his demands in VAS while allowing the mobile operator to considerably increase capitalization from added services. (Canada Newswire)

    US raises $19b in spectrum sale  Mar 25, 2008
    NEW DELHI: On March 18, global telecom and internet companies bid $19. 59 billion (Rs 78,360 crore) for rights to radio spectrum licences in the 700 MHz band in the US. This is twice the amount that the US government had budgeted from the spectrum sale, making history as America's most lucrative spectrum auction. (India Times, India -- Intl Business)

    KPN Mobile International and Artilium Partner to Further Upgrade Innovation for KPN's Mobile Networks  Mar 20, 2008
    Commenting on the agreement, Steve Zimba, Managing Director, Global Telecom Business at Microsoft Corp., said: We are excited that KPN and Artilium have chosen the Microsoft platform to power their ecosystem of connected mobile services. We will be working closely together to help make this great vision a compelling reality for the millions of consumers who are eager to embrace rich, personalized and contextually aware mobile experiences. (BusinessWire)

    Global Telecom signs lending agreement with Silicon Valley Bank  Mar 19, 2008
    McLean-based Global Telecom, which designs telecommunications networks and technologies, said it wanted the "liquidity and flexibility" to expand ... Global Telecom & Technology (OTCBB: GTLT) has 80 employees and $52 million in annual revenue. (Washington Business Journal, DC)

    Gates No Longer World's Richest Man  Mar 10, 2008
    Hel also owns stakes in Carso Global Telecom, Grupo Carso and Grupo Financiero Inbursa. The son of a Nebraska politician, Buffett delivered newspapers as a boy. (Forbes)

    Gates drops to No. 3 on billionaire list  Mar 6, 2008
    Hel also owns stakes in Carso Global Telecom, Grupo Carso and Grupo Financiero Inbursa. More from Forbes. (MSNBC -- Race)

    * Taiwan Mobile invests in NGN  Mar 3, 2008
    Market analysts said that as digital convergent telecom services shake up the global telecom landscape, both Taiwan Mobile and Chunghwa Telecom are positioning themselves with an eye to breaking into foreign markets. Both are betting on a combination of cellphone services, fixed lines and cable TV networks, they said. (Taipei Times, Taiwan -- World)

    Addressing Critical Shifts in OSS/BSS to Support New Customer Strategies  Feb 28, 2008
    Media partners for the summit are Billing OSS, Billing supplement, ChinaTechNews, Connect World, Developing Telecoms, Global Telecom Directory, Telecom Asia and Wireless Asia. The summit is supported by Oracle Communications, Tech Mahindra, Comverse, Nokia Siemens Networks, Openet, Axiom Systems, Clarity, Fastwire, InfoVista, Subex, TTI Telecom, Global Revenue Assurance Professional Association (GRAPA) and ITU-APT Foundation of India. (BusinessWire)

    Bharti consortium to set up undersea cable  Feb 26, 2008
    New Delhi (PTI): Telecom giant Bharti Airtel on Tuesday said it would set up a new undersea cable linking the United States with Asia in partnership with five global telecom firms. The undersea cable -- Unity -- would entail an investment of 300 million dollar and would address broadband demand by providing capacity to sustain the growth in data and internet traffic between Asia and the US, Bharti said in a statement. (Hindu)

    Executive Suite  Feb 25, 2008
    Hesse, who circled the planet negotiating deals with foreign carriers, says the experience taught him a lot about the global telecom game ... In that same vein, Hesse thinks the Sprint brand, considered one of the grand names in global telecom, is entirely salvageable. (USA Today -- Money)

    Global Telecom Leaders to Build I-Me-We Cable System  Feb 13, 2008
    Bharti Airtel ( - ), India s leading telecom services provider, has signed a formal Construction and Maintenance Agreement in Rome, along with eight major leaders of the global telecommunications industry, to build a high-capacity fiber-optic submarine cable that stretches from India to France via the Middle East. This is the fifth in the series of similar cable systems which includes the SEA-ME-WE series, known as I-ME-WE (India, Middle East, Western Europe). (TMCnet)

    Sunil Mittal gets GSM Association Chairman's Award  Feb 13, 2008
    BARCELONA: Bharti Enterprises Group Chairman and CEO Sunil Mittal has been awarded global telecom industry's highest honour -- GSM Association Chairman's Award 2008, for his contribution to the development of India's telecom sector. The award coincides with Bharti Airtel achieving the 60- million subscriber mark, both in mobile as well as fixed line telecom services. (India Times)

    Tata comm goes global  Feb 13, 2008
    WEDNESDAY, FEBRUARY 13, 2008 12:52:38 PM. MUMBAI: Tata Communications Ltd has also formed a partnership in China for network services 00004000 and is looking for similar tie-ups in Asia and the Middle East to boost growth, a senior official said. (India Times, India)

    AT&T's Stealthy Plans  Feb 8, 2008
    Wireless unit head is scheduled to give a keynote speech on digital content at the Mobile World Congress, the global telecom trade show, in Barcelona next week. More On This Topic Companies. (Forbes -- Technology)

    Under sea cable between India and France planned  Feb 7, 2008
    NEW DELHI: In a move that would enhance connectivity between India and Europe, a consortium of nine global telecom players, including India s Bharti Airtel and Tata Group-owned VSNL, has decided to lay a high-capacity fibre-optic submarine cable between India and France via the Middle East. To be called I-ME-WE (India, Middle East, Western Europe), the nine partnering telecom companies are: Bharti Airtel (India), Etisalat (UAE), France Telecom (France), Ogero (Lebanon), PTCL (Pakistan), STC... (Hindu)

    Director of National Intelligence Mike McConnell Speaks on Current Issues Facing America's Intelligence Community Jan. 16  Jan 15, 2008
    He holds an M.P.A. from George Washington University, is a graduate of the National Defense University (Global Telecom), the National Defense Intelligence College (Strategic Intelligence), and holds a B.A. in Economics from Furman University. St. Mary's College of Maryland is ranked one of the best liberal arts colleges in the nation by U.S. News Report, The Princeton Review and Kiplinger's. (PR Newswire)

    Wipro Info bags Rs 2400 cr contract from Aircel  Jan 11, 2008
    We will combine our global telecom expertise with our total outsourcing proposition to deliver a seamless service experience. This is a strategic relationship for Wipro and we are committed to making it a showcase in the global telecom industry, said Suresh Vaswani, president, Wipro Infotech & Global IT Service Lines. (Business Standard)

    Multi-Channel Video Expert Cesar Bachelet Joins ABI Research  Dec 28, 2007
    Im sure our clients will benefit considerably from his wide range of experience which includes competitive intelligence experience working for a global telecom leader. According to Schatt, Cesars background in the telecom industry as well as his recent focus on consumer video will provide valuable insight for our multi-channel video vendors. (Yahoo! Wire -- Entertainment News)

    * Speculation about Olympics boosts phone firm shares  Nov 27, 2007
    China Mobile has invited a dozen global telecom firms for talks. Taiwan Mobile Co (xWjj) and Far EasTone Telecommunications Co (qH) shares rose 3. (Taipei Times, Taiwan -- World)

    M&A advisers expect busy year for telecom sector  Nov 19, 2007
    LONDON (Thomson Financial) - Global telecom Mvity will remain strong in 2008 with private equity players set to lose out to trade buyers, said three leading Msors. In 2008, telcos will be at least as actively pursuing acquisitions as in 2007, potentially more so,' says Andrew Tisdale, co-head of global media and telecommunications at Morgan Stanley. (Forbes -- Markets)

    Niederauer's Issues, Slim's Ascent, MSCI's Lost Funds: Timshel  Nov 16, 2007
    25 billion to the value of the stake held by Slim's Carso Global Telecom SAB.. Telmex is growing much faster outside Mexico, where revenue rose just 0. (Bloomberg -- Columnists)

    Telstra turnaround on schedule  Nov 2, 2007
    In a surprising admission after months of attacks on public policy, Mr Trujillo said Telstra did not face negative regulatory impacts "anything like" that of its global telecom peers because it did not have as "far to fall" due to reductions in wholesale phone prices. Telstra has also moved the goalposts slightly for its five-year strategy, raising its forecasts for growth in pre-tax earnings and revenue by 0. (Sydney Morning Herald -- Business)

    Mobile companies activate plans to copy Apple tune  Oct 29, 2007
    The focus on continuous promotion, celebrity endorsements and brand building will further gain strength in India, said Bryan Ma director, Asia Pacific, IDC, a global telecom market intelligence firm. A study by the research firm Strategy Analytics claims that touch-screen user interface in mobile phones will start to see significant growth by the end of 2007. (India Times)

    C&W, TM strengthen partnership  Oct 19, 2007
    KUALA LUMPUR: Cable ess Europe, Asia and the United States (Ce announced that it has extended its global telecom services agreement with TM Bhd, to further expand its regional footprint in Asia. With the extension, TM will continue its role as a communication infrastructure provider with access to Cternational multi-protocol label switching (MPLS) backbone. (The Star Online, Malaysia)

    * WiMAX conference to open on Monday  Oct 19, 2007
    The WiMAX Forum plans to set up a WiMAX certification test lab in Taiwan that will help local companies manufacture products compatible to equipment made by global telecom equipment makers, Wang said. The government was a prime mover in getting the lab located here. (Taipei Times, Taiwan -- World)

    Bitter Swede  Oct 17, 2007
    While Ericsson isn't alone in facing diminished demand for network upgrades, which has hurt many global telecom players' prospects, the Scandinavian wireless outfit took a pasting because it appeared to be going back on its own forecasts. "The announcement is somewhat surprising given the company's upbeat comments at a technology analyst day on Sept. 11," Oppenheimer nalyst Lawrence Harris wrote Tuesday. (SmartMoney)

    Harte-Hanks secures option to buy UK marketing company  Oct 16, 2007
    Information Arts is based in High Wycombe, U.K., and provides marketing services to global telecom providers, banks, governmental organizations and energy, automotive and retail businesses. Information Arts was formed in 2000. (San Antonio Business Journal, TX)

    Motorola Lands Largest WiMAX Network Contract in Taiwan  Oct 8, 2007
    The win is also part of Motorola's global and regional growth for the Motorola WiMAX strategy to provide world class WiMAX technologies, solutions, and services to regional and global telecom operators. About Far EasTone Telecom Far EasTone Telecom is the leader in converged communication services in Taiwan. (PR Newswire)

    Gold rush is onfor Indian telecoms  Oct 4, 2007
    This came as a surprise to the industry, not to mention analysts, dealmakers and even the DoT. The applicants included global telecom companies such as AT&T and British Telecom, which were in the Indian telecom market before but exited recently. The frenzy to grab a chunk of the world's fastest-growing telecom market also attracted a diverse range of players, starting from real estate companies to white-goods makers, to even metal companies like Sterlite Industries and Ispat International. (Asia Times Online)

    AT&T joins telecom licence rush  Oct 2, 2007
    The US giant, through AT&T India, has become the first major global telecom player to apply for pan-India licences ... In October 2006, AT&T became the first global telecom operator to secure national and international long distance licences in India, to begin commercial services in early 2007. (India Times, India -- Intl Business)

    Globe7, SINA.com.hk Announce Major Strategic Partnership  Sep 14, 2007
    The company is a major player in the global telecom and Voice over IP (VoIP) market. About Globe7 Globe7 is a wholly-owned subsidiary of Northgate Technologies Limited, based in India. (Canada Newswire)

    Rajrishi Singhal: It happens in India  Sep 10, 2007
    For instance, if many of the global telecom companies had not applied their home-grown yardsticks to the Indian market, they might have been able to participate in the phenomenal market growth thats the talk of all telecom markets across the world. France Telecom, US West, AT&T, Telstra (Australia), Bezeq (Israel), Shinawatra (Thailand), Bell Canada, Bell South, Swiss PTT were some of the early entrants in the Indian telecom sweepstakes. (India Times)

    Guangzhou Global Telecom Signs Agreement with Travoo  Sep 4, 2007
    GUANGZHOU, China, Sept. 3 /Xinhua-PRNewswire/ Guangzhou Global Telecom Inc. (OTC Bulletin Board: GZGT), a mobile phone handset and pre-paid calling card distributor and mobile handset value-added services provider in the PRC, has signed an agreement ("Agreement") with Travoo Technology Guangzhou Ltd. ("Travoo"). According to the Agreement, Guangzhou Global Telecom, Inc. will become the supplier of wireless products and equipment to Travoo (" "), which will become a distribution platform for... (PR Newswire)

    Latin Stocks Gain, Led by Petrobras, Vale as U.S. Outlines Subprime Plan  Sep 2, 2007
    Carso Global Telecom SAB (TELECOA1 MM), the holding company controlled by billionaire Carlos Slim, rose 1 ... Standard & Poor's Ratings Service upgraded the local long-term debt of Carso Global Telecom to mxAA+, its second-highest domestic debt rating, from mxAA. S&P cited the increase to 54 ... 3 percent of Carso Global Telecom's stake in Telefonos de Mexico SAB, Latin America's largest telephone company, in a report sent yesterday. (Bloomberg)

    AT&T strategy lauded by business consulting firm  Aug 30, 2007
    The global telecom provider is building out its network with fiber cable to accommodate the IP-based platform that supports AT&T U-verse. "Stratecast believes that AT&T's master strategy of deploying IPTV over a predominantly FTTN (fiber to the node) architecture will yield the greatest return for stockholders and maximum value for customers," says Pete Dailey, senior research analyst for Stratecast. (San Antonio Business Journal, TX)

    New Internet telephony tariff to make calls to US cheaper  Aug 27, 2007
    NEW DELHI: The prophecy which global telecom majors have feared for long, that voice will one day become free, is now on the horizon. The use of Internet for voice calls is helping crash tariff boundaries to unimaginable lows. (Times of India)

    Hong Kong telecom firm taps ATSI to be its global VoIP carrier  Aug 17, 2007
    "As larger companies migrate their international voice traffic from traditional circuit switched networks to VoIP networks, global telecom operators are seeking reliable VoIP service providers with a proven track record," ATSI Senior Vice President of Technology and Operations Ruben Caraveo says. PCCW Global is a worldwide business unit of The company provides data and voice services in more than 70 countries. (San Antonio Business Journal, TX)

    Complete Coverage: India At 60  Aug 14, 2007
    Now, by virtue of pressure from some visionary entrepreneurs and links to global telecom networks, India has emerged as one of the half-dozen most dynamic economies in the world. Its stock market is surging, a new middle class is developing and the nation is anticipating the moment when the vast bulk of its population begins to enter the global economy. (Forbes)

    Cbeyond Sees Green  Jun 30, 2007
    New Global Telecom (NGT) will. PowerNet Global Communications and its. (xchange Magazine, AZ)

    For high growth, telcos need to close the urban-rural gap  Jun 23, 2007
    "The global mobile market presently has a size of 2 billion people. The third billion will come from Asia. Asia will be an overwhelming mobile growth story, with China and India taking the lead," says Ernst Global Telecom Markets leader Marc Chaya ... "Telecom companies have been experiencing great growth across Asia, but the competitive market has really driven down call charges. Operators have been able to find ways to earn profits, despite the low average revenue per user," explained Vincent... (The Star Online, Malaysia)

    Will PM take Entwistle's 'national champion' bait?  Jun 22, 2007
    "I believe if that happens with BCE, that in a global telecom world, Telus ... would not carry on as an independent organization and we will get acquired ourselves," said Mr. Entwistle - meaning, of course, that the bulk of the Canadian telecom industry would be run out of New York. The implied question for Mr. Harper is: Is that really what you want. (Globe and Mail -- Business)

    Huawei says Western vendors undercutting its prices  Jun 20, 2007
    SINGAPORE Huawei Technologies Co. Ltd., China's leading communications network equipment maker, said on Wednesday it should not be blamed for driving down prices in the global telecom network equipment market. Unlisted Huawei is seen by larger rivals as one of the most aggressive vendors which has been offering its technology at up to half the price of its Western competitors, but a senior official from Huawei said larger firms had been undercutting it. (Globe and Mail -- Business)

    Sector Screen: 10 Telecoms Primed For Liquidity Buying  Jun 17, 2007
    Plus, the ETF excludes important global telecom companies, so you're left out of any appreciation in international telecom stocks ... Mario Gabelli's GAMCO Global Telecommunications fund sold more than half of its position of ATrding to its latest prospectus, and doubled its holdings of Canadian telecom Telus. (Forbes)

    Quickcomm Adds Senior Staff in Australia; Announces Further Expansion into Asia Pacific  Jun 14, 2007
    About Quickcomm Quickcomm was established in 1997 and has grown to become a leading provider of global Telecom Expense Management (TEM) software and services to Global 2000 companies. Quickcomm software helps cut telecom expenses dramatically and provides actionable insight for telecom provisioning that improves a company's bottom-line. (PR Newswire)

    France Tele set to buy GTL's IT biz  Jun 2, 2007
    France Telecom is the No 3 mobile operator and No 1 provider of broadband internet services in Europe and a leading global telecom service provider. Orange Business Services represents the business communications solutions and services provided by the group including converged voice, data & mobile services and IT expertise and managed services. (Economic Times)

    Verizon applies for NLD licence  May 28, 2007
    NEW DELHI: US-based Verizon Business (formerly MCI) one of the worlds largest global telecom service providers, has applied for a National Long Distance (NLD) licence under recently approved guidelines allowing up to 74% FDI in the telecom sector ... Verizon is fourth in a line up of global telecom service providers who have either entered or shown interest in ILD/NLD licences primarily to serve enterprise segments global MNCs and Indian IT/Companies with global telecom networking... (India Times, India)

    Bharti joins global Top 10 club  May 24, 2007
    MUMBAI: Bharti Airtel has joined the league of top ten global telecom operators with a subscriber base of over 40m in a single country. The Sunil Mittal-promoted GSM giant is likely to touch a user base of 130 million by 2010 as growth remains unabated in the world s fastest growing telecom market. (India Times)

    Guangzhou Global Telecom Discusses Fiscal 2006 Financial Results  May 18, 2007
    4 Million - GUANGZHOU, China, May 17 /PRNewswire-FirstCall/ -- Guangzhou Global Telecom Inc. (OTC Bulletin Board: GZGT), a mobile phone handset and pre-paid calling card distributor and mobile handset value-added services provider in People's Republic of China, today discussed its year end 2006 financial results ... 2% -- Income from operations of $243,213 -- Net income of $220,373 For the fiscal year ended December 31, 2006, Guangzhou Global Telecom reported revenue of $12 ... Ms. Yankuan Li,... (PR Newswire)

    China leads push for broadband  May 18, 2007
    However, with broadband penetration increasing, Chinese operators need to pay more attention to developing broadband content, which will become future cash cow, said Costello, who has 31 years' experience in the global telecom industry working at a number of companies such as Samsung, SBC and AT. "As traditional telecom companies continue to make successful, aggressive advancements towards integrating interactive and entertainment content to their service offerings, content is becoming more and... (People's Daily Online, China)

    Maran rocked his own boat  May 14, 2007
    During his reign of just 9 days short of three years (from May 22 2004), Maran brought in over $12 billion in committed FDI from global telecom and IT companies, many of them arm twisted/incentivised into setting u manufacturing units. It fuelled growth and employment. (India Times)

    Companies back 3G spectrum auction  May 7, 2007
    New Delhi: Communications minister Dayanidhi Marans expressed intent last week to allocate scarce and valuable 3G spectrum through global auctions has excited the interest of not just global telecom players, but also Indian corporates who are not currently in the telecom business. Several Indian firms who have witnessed the telecom sector become one of the most progressive and financially viable from afar, are now looking for a piece of the action. (India Times, India)

    Hutchison shareholders approve $2.85b raising  May 4, 2007
    The global telecom is controlled by Hong Kong billionaire Li Ka-shing, who has persevered with his investment in Australia despite the operation bleeding red ink for years. Before shareholders voted, Hutchison's independent director, Justin Gardener, warned that if they did not give their approval it would result in a "less than optimal equity structure''. Analysts have described the capital raising as an attempt by Li Ka-shing to mop up the the shares Hutchison Whampoa does not own and thereby... (Sydney Morning Herald)

    The Global Guru: The Petrodollar Power of Saudi Arabia  Apr 18, 2007
    To find out the names of these and our other current picks (including a global telecom play that is up over 110% since our initial recommendation), sign up for your free, 60-day trial subscription to today. Enter your e-mail address here. (Human Events Online)

    Ringing loud: Telecom user base swells to 189.9m  Apr 18, 2007
    NEW DELHI: If global telecom majors are battling tooth and nail for a share of the Indian telecom business, it is with good reason. The latest numbers from telecom regulator Trai show that for the quarter ended December 2006, a little over 20 million people got themselves cellular phones. (India Times, India -- Intl Business)

    Classmate PC  Apr 16, 2007
    Competition for the global telecom network equipment market promises to be fierce in 2007, heating up by the official operations of Alcatel-Lucent starting. A US Trade Representative has announced that the US will file two complaints with the World Trade Organization against China over what is described as "inadequate protection of intellectual-property rights." The complaints cover widespread piracy of US movies, music, and software along with market barriers that make legitimate works more... (DigiTimes)

    Telephone Tycoon Rises Into Gates's Shadow  Apr 15, 2007
    His Carso Global Telecom controls 90 percent of Mexico's telephone land lines. By contrast, his Amrica Mvil controls a mere 72 percent of Mexico's cellphone market. (Washington Post)

    Buffett Topples From No. 2 Spot Of World's Richest  Apr 13, 2007
    Forbes attributed part of Slim's "amazing run" to a 15 percent increase in the stock price of Carso Global Telecom, part of a larger rally in Mexican stocks. Slim's America Movil cell phone company also soared on news of a possible acquisition of Telecom Italia. (7 KETV Omaha)

    Mexicos Slim passes Buffett on richest list  Apr 13, 2007
    His second-largest holding, Carso Global Telecom, which controls ubiquitous fixed-line operator Telmex, has jumped 15 percent in that time. advertisement. (MSNBC -- Business)

    High-tech sector eyesIndia's rural market  Apr 13, 2007
    technology giants such as Microsoft to back-office service providers; global telecom and biotechnology companies, and even India's IT-sector lobbyist, the National Association of Software Services Companies (NASSCOM), are stepping out of the cities and moving into the villages and towns of rural India. Each has different imperatives and objectives, but all say that the growing influence of rural India on the country's society and economy is too big to ignore. (Asia Times Online)

    Mexican leapfrogs Buffett  Apr 12, 2007
    The 67-year old owed his latest jump in fortune to increases in the value of his two largest holdings, Carso Global Telecom and America Movil. Mr Slim Hel, 67, the son of a Lebanese immigrant, heads one of a handful of families who dominate the Mexican economy. (Guardian Unlimited -- World)

    'Forbes': Mexican mogul edges Buffett for second richest  Apr 12, 2007
    In an article on its website, Forbes attributed part of Slim's "amazing run" to a 15% increase in the stock price of Carso Global Telecom , part of a larger rally in Mexican stocks. Slim's America Movil cellphone company also soared on news of a possible acquisition of Telecom Italia. (USA Today -- Money)

    Slim Bumps Buffett  Apr 12, 2007
    His second-largest holding, Carso Global Telecom (other-otc: - - ), which controls ubiquitous fixed-line operator Telmex, has jumped 15% in that time. His biggest holding, wireless operator America Movil (nyse: - - ), is up 4% since it announced earlier this month that it was in talks to buy a third of Olimpia, the holding company that controls Telecom Italia (nyse: - - ). (Forbes)

    Emerging-Market Stocks Climb to Record, Erasing Losses From February Rout  Apr 5, 2007
    94, led by Carso Global Telecom SA, the holding company for fixed-line telephone company Telefonos de Mexico SA, rose 1. 5 percent to 50. (Bloomberg -- Asia)

    AT&T In Negotiations For Investment In Telecom Italia  Apr 2, 2007
    As a global telecom leader in wireless, broadband and IP networks with customers in 137 countries, ATontinually reviewing opportunities that will help it serve the company's growing global customer base. ATeves its potential investment in Olimpia would provide Telecom Italia with a strategic partner with whom it can share best practices and pursue joint interests. (PR Newswire)

    CPVC Blackcomb Inc.: Prestige Telecom Announces Financing Plans and Going Public Transaction  Mar 24, 2007
    Mr. McFadden has extensive experience in the global telecom business, including a 28 year career with Nortel Networks. Mr. McFadden held various senior management positions including President of the Optical Networks Division and Chief Technology Officer. (CCNMatthews Press Releases)

    VoIP Leaders Hail Court Decision to Empower Consumers by Enabling VoIP Innovations to Flourish  Mar 22, 2007
    The coalition, which includes AccessLine, AT, BT Americas, CallSmart, Cisco, Convedia, Covad, EarthLink, Google, iBasis, i3 Voice and Data, Intel, Intrado, Microsoft, New Global Telecom, Openwave, Pandora Networks, PointOne, Pulver. com, Skype, Switch Business Solutions, T-Mobile USA, United Online, USA Datanet, VocalData, Veraz Networks, and Yahoo. (PR Newswire)

    Hutch may dial compensation call  Mar 21, 2007
    Hutch has been ICC s global telecom partner for the past three years. RCOM, meanwhile, is cashing in on the popularity of the little master, who gives unlimited score updates to Reliance mobile users in his voice besides a host of other services. (India Times)

    FIPB defers decision on HEL  Mar 21, 2007
    NEW DELHI: Global telecom giant Vodafone will have to wait a little longer to complete its acquisition of India's fourth-largest mobile company Hutch-Essar, with the Foreign Investment Promotion Board on Tuesday deferring a decision on a proposal by the British company in this regard. FIPB's approval is necessary to complete the deal to ascertain that the joint venture between Vodafone and Essar meets the FDI guidelines in the telecom sector. (India Times, India -- Intl Business)

    Virgin, Essar hitch up for retail  Mar 20, 2007
    Essar can bring in products of other global telecom equipment makers since Virgin has many international marketing alliances. Sources said Essar was drawing up big retail plans based on the anticipated growth in the demand for mobile phones. (Hindustan Times, India)

    BT Aims to be The Network's Network  Mar 17, 2007
    Karsten Lereuth, president of BT Global Telecom Markets, noted that the service will help smaller companies increase their speed to market and improve customer service at a much lower cost than if they had to build the network themselves. "The whole solution is Microsoft-enabled to provide both new entrants and existing telecom providers access to an exciting and expanding market," he said in a statement. (CIO Information Network)

    Satyam Computers joins Microsoft's Connected Services Sandbox  Mar 14, 2007
    The vice president of Satyam's Global Telecom Practice Dharmesh Syal said Satyam's Next -Generation portal solution will leverage the Sandbox and provide a pre-integrated, tested and centralised service portal infrastructure convergent services. Sections: | | | | | | | | | The Hindu Group: | | | | Group Sites. (Hindu)

    China Mobile's Offshore Play  Feb 27, 2007
    It is the anointed national champion in China's plans to play in the global telecom services industry. To that end, it's been very well-protected, and that is its first problem. (BusinessWeek)

    CEO of Global Telecom & Technology resigns  Feb 24, 2007
    CEO of Global Telecom & Technology resigns - Washington Business Journal ... CEO of Global Telecom & Technology resigns ... Brian Thompson, the executive chairman of Global Telecom & Technology (OTCBB: GTLT), has been appointed interim CEO of the service provider. (Washington Business Journal, DC)

    Alcatel-Lucent to cut 12500 jobs  Feb 10, 2007
    However, the French-American telecom equipment provider said it expected full-year revenue to grow by at least 5 percent, in line with the global telecom operators' market. Video. (CNNMoney.com)

    Alcatel-Lucent to cut 12,500  Feb 10, 2007
    However, the French-American telecom equipment provider said it expected full-year revenue to grow at least 5%, in line with the global telecom operators' market. It also reassured investors by keeping the annual dividend unchanged as some feared restructuring would put pressure on cash. (USA Today -- Money)

    Telstra to do battle for NZ directories  Jan 29, 2007
    Babcock & Brown has previously talked about setting up an investment fund to bid for global telecom assets but has ruled out making a bid for Yellow Pages. Robert Topfer, the executive who oversaw Babcock's takeover of Irish telecom company Eircom last year, said the bank was more interested in network-based companies in Europe and Asia than volatile telecommunications assets in Australasia. (Sydney Morning Herald -- Business)

    Archives: Global Telecom

    Back to Telecom News

[ Terms Of Use | Privacy | About ]
©1998-2009 SurfWax, Inc.
All rights reserved. Patents pending.



Copyright SurfWax, Inc. 2009