Vivendi Rewarded for Its Initiatives to Promote Employee Share Ownership Nov 21, 2009
A French company that is a world leader in communications, Vivendi combines Activision Blizzard (the world number one in video games), Universal Music Group (the world number one in music) SFR (the number two French mobile and fixed-line telephone operator) the Maroc Telecom Group (the number one Moroccan mobile and fixed-line telephone operator) and the Canal+ Group (the number one French pay-TV company). It also owns a 20% stake in NBCU (the leading American TV and film company). (Yahoo! Wire -- Entertainment News)
Controversial goal puts France in '10 World Cup Nov 19, 2009
The embassy and sites of Egyptian businesses such as Egypt Air and telecom group Orascom were attacked on Saturday. Several Algerian players had been injured before the match in Cairo as Egypt fans pelted Algeria's team bus with rocks. (SportsIllustrated.CNN)
GE looks at partnership or IPO for NBC Universal Oct 3, 2009
She also declined to comment on a Wall Street Journal report that said Vivendis board would meet on Oct 16 to decide whether to ratify the companys plan to buy Brazilian telecom group GVT for US$2. 9bil. (The Star Online, Malaysia -- Business)
New frontrunner emerges in the Philippines Sep 23, 2009
In the Estrada camp, the poll chances of the former president took a hit from fresh accusations that he blackmailed businessman Alfonso Yuchengco into selling a stake in Philippine Long Distance Telephone (PLDT), the country's largest telecom group, to a preferred foreign company by threatening to arrest Yuchengco's youngest son on trumped-up drug charges. The allegations were first made in a privileged speech by Senator Panfilo Lascon and were confirmed in a public statement released to the... (Asia Times Online)
Cable companies tops in telephone service Sep 17, 2009
This is the third year in a row that cable companies have trumped traditional phone companies, notes Frank Perazzini, director of J.D. Powers telecom group. He attributes the rise of cable, in part, to attractive pricing. (USA Today -- Tech)
* A-Data looking to boost presence in Indian marketplace Sep 16, 2009
The Jhonghe (M), Taipei County-based company hopes the collaboration with Bharti Teletech Ltd X Indias largest manufacturer of fixed line phones and a subsidiary of leading telecom group Bharti Enterprises X will help it boost market share there and achieve the same status it has enjoyed in other emerging markets, Chu said. Under the new partnership, A-Data will now on be in a position to reach out to Indian consumers through Bhartis distribution networks and telecom services platforms,... (Taipei Times, Taiwan -- World Business)
Zayo Group Launches Zayo Colocation Services Sep 15, 2009
New Business Unit Created from Recently Acquired FiberNet Telecom Group Colocation and Interconnect Business ... The new entity, also known as zColo, absorbs Zayo Group's recently acquired colocation and interconnection business from FiberNet Telecom Group, Inc., including its extensive presence in the New York / New Jersey metro market. (PR Newswire)
Uganda: WARID Not Changing - Javaid Sep 14, 2009
The Dhabi Group, which owns WARID, has been discussing with Essar, another telecom group about how it could take over its African assets. Zul said since the firm opened shop last year, it had built up WARID into a leading brand. (allAfrica.com)
Vivendi and GVT to Enter into a Strategic Telecommunications Partnership in Brazil Sep 9, 2009
A world leader in communications and entertainment, Vivendi controls Activision Blizzard (#1 in video games worldwide), Universal Music Group (#1 in music worldwide), SFR (#2 in mobile and fixed telecom in France), Maroc Telecom Group (#1 in mobile and fixed telecom in Morocco), Canal+ Group (#1 in pay-TV in France) and owns 20% of NBCU (leading U.S. media and entertainment group). In 2008, Vivendi achieved revenues of 25. (Yahoo! Wire -- Entertainment News)
GIFEC hailed by telecom stakeholders Sep 2, 2009
Mr. Ties Hartman, a Consultant from Detecon, a German Telecom Group, said the GIFEC example was something that needed to be considered across Africa. The conference, organised by Terrapinn Limited, is under the theme "Opportunity, Innovation and Strategy for Fixed and Mobile Operators and Investors." 1 Sept. 09. (Ghana Web, Ghana)
Vivendi: Solid First Half 2009 Sep 1, 2009
Comments by Jean-Bernard Lvy, CEO of Vivendi: "Vivendi delivered a very solid performance in the first half of 2009 in a tough environment. The Group is successfully weathering the current economic slowdown, which is having a real but limited impact. Vivendi is unique thanks to its subscription-based model, leadership in its markets and high-quality, innovative, creative products and services. Our businesses are young and enjoy substantial growth opportunities due notably to the digital... (Yahoo! Wire -- Entertainment News)
Orange to Acquire Unanimis - The UK's Largest Exclusive Digital Advertising Network Aug 28, 2009
The Orange France Telecom Group is announcing today that it has acquired 100% of UNANIMIS, the UK's largest exclusive digital advertising network. Through the combination of UNANIMIS's premium advertising network and Orange's mobile and web assets, advertisers, buyers and media agencies will be able to reach over 71. (PR Newswire)
Skype singled out as threat to Russia's security Jul 25, 2009
Telecom group takes issue with foreign VoIP service operators. MSN Tech and Gadgets. (MSNBC -- Crime)
* FarEasTone eyes merger next year Jul 23, 2009
Far EasTone and NCIC have worked together in marketing telecom services and building telecom networks via the virtual telecom group set up last year under the Far Eastern Group (F). Nilsson said Far EasTone has been concerned that the merger could have a negative impact on shareholders interest due to NCICs weak financial performance and NCIC shareholders preference for a merger via share swaps. (Taipei Times, Taiwan -- World Business)
Telenor posts 61 pct drop in Q2 profit Jul 23, 2009
The Nordic telecom group warned that losses attributable to VimpelCom are estimates and may change following an external audit of VimpelCom-related finances, which Telenor will finalize in the third quarter. "For the rest of the year we expect revenues to remain under pressure. We will continue to scale our activities to deliver a strong operating cash flow and sustain our market positions," Baksaas said. (Atlanta Journal-Constitution -- Business)
FairPoint revamps New England team Jul 18, 2009
He will now be in charge of supply-chain functions, regulatory and external government affairs and Telecom Group operations. Although FairPoint does business in 15 states outside New England, those operations are much smaller. (Charlotte Business Journal, NC)
Datang may sell 20% stake to NSSF Jul 9, 2009
Datang Telecom Holdings is a subsidiary of Datang Telecom Group, one of the country's leading telecom equipment makers, known for its development of TD-SCDMA 3G mobile standard. "The two sides are nearing wrapping up their deal but they have not yet decided on the price tag," a person close to Datang said. (Xinhuanet, China)
Funding Bharti-MTN deal Jun 29, 2009
Bharti and MTN revived talks to create a large emerging markets telecom group a year after previous talks broke down over who would control a merged entity. The proposed merger, if it goes through, will create a telecom powerhouse with over 200 million customers and over $20 billion in revenue. (India Times)
Telecom Argentina S.A. Announces the Filing of its Form 20-F with the Securities and Exchange Commission Jun 27, 2009
Additionally, through a controlled subsidiary, the Telecom Group offers cellular services in Paraguay ... For information about Telecom Group services, visit: www. (PR Newswire)
* NHL: Molsons agree to buy Canadiens for almost US$575m Jun 22, 2009
Other bidders pursuing the Canadiens, who have won a record 24 Stanley Cups, included media and telecom group Quebecor Inc.. VERY PROUD. (Taipei Times, Taiwan -- World)
* Far EasTone to launch Android phones Jun 18, 2009
As a growing number of telecom companies are becoming bullish about Android phones, members of the telecom group Conexus Mobile Alliance were discussing the possibility of working together to purchase such phones, which would be cost-effective, Chen said. Conexus members have a total of 216 million subscribers. (Taipei Times, Taiwan -- Business)
Levi & Korsinsky, LLP Investigates Breach of Fiduciary Duty by the Board of FiberNet Telecom Group, Inc. Jun 2, 2009
Levi nsky, LLP Investigates Breach of Fiduciary Duty by the Board of FiberNet Telecom Group, Inc. - Yahoo ... Levi nsky, LLP Investigates Breach of Fiduciary Duty by the Board of FiberNet Telecom Group, Inc. ... NEW YORK, June 1, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky ("L&K") is investigating breaches of fiduciary duty and other violations of state law by the Board of Directors of FiberNet Telecom Group, Inc. ("FiberNet" or the "Company") (Nasdaq: - ) arising out of their attempt to sell the... (Primezone Releases)
M2 swoops on Commander assets Jun 2, 2009
Receiver McGrathNicol brokered an agreement in November for telco investment consortium Commander Telecom Group to buy the communication services arm of Commander, but the deal fell through in January. M2, which is headquarted in Melbourne and employs 250 people Australia-wide, has used its recent acquisitions to expand beyond its existing small business customer base into the medium enterprise market. (Sydney Morning Herald -- Business)
Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Shareholders of FiberNet Telecom Group Inc. May 29, 2009
Law Office of Brodsky , LLC Announces Investigation On Behalf of Shareholders of FiberNet Telecom Group Inc. - Yahoo ... Law Office of Brodsky , LLC Announces Investigation On Behalf of Shareholders of FiberNet Telecom Group Inc. ... May 28, 2009 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of FiberNet Telecom Group Inc. (``FiberNet'' or the ``Company'') (NasdaqCM: - ) relating to the proposed... (Primezone Releases)
How Much More Can Tech Firms Cut? May 23, 2009
" SanDisk has also made multiple rounds of job cuts as it suffers through a severe downturn in the flash memory industry, which has contributed to billions of dollars in losses. CEO Eli Harari said SanDisk has not scaled back its efforts to develop a new form of flash memory, known as 3D rewriteable flash, which he said will be key to improving products like solid state hard drives. Last year, SanDisk partnered with Toshiba to speed up the development of 3D flash chips. But Harari said the... (SmallBusinessComputing)
Top Performers in the Asia Pacific ICT Industry to be Honoured May 18, 2009
Text hiding to spacing. (PRNewsFoto/Frost and Sullivan) SAN ANTONIO, TX UNITED STATES. (PR Newswire)
Alcatel-Lucent bags $150m Unitech deal May 17, 2009
Unitech Wireless, in which Norwegian telecom group Telenor has a majority stake, has licences to operate in all 22 circles in India. However, the company is yet to launch its services. (India Times, India -- Intl Business)
Power plays in the Philippines May 14, 2009
Tony Gatmaitan, executive director of the Political Economic Applied Research Foundation, said over the weekend that the new party would be backed by a "major group" headed by businessman Manuel Pangilinan, chairman of the Philippine Long Distance Telephone, the Philippines' largest telecom group. Pangilinan's financial support, insiders say, has been sought by all of the major political parties. (Asia Times Online)
Wipro bags Unitech Wireless deal May 6, 2009
Under the agreement, Wipro Infotech will provide a range of information technology services to Unitech Wireless, in which Norwegian telecom group Telenor holds a stake, the company said in a statement on Tuesday. Rohit Chandra, Chief Operating Officer, Unitech Wireless, said, We are launching a Greenfield telecom operation and want to create a strong customer proposition for our services based business processes aligned with IT. We chose Wipro as our partner because among the service... (India Times, India)
Arent Fox picks up piece of Womble Carlyles telecom group Apr 18, 2009
Arent Fox picks up piece of Womble Carlyles telecom group - Washington Business Journal ... Arent Fox picks up piece of Womble Carlyles telecom group. (Washington Business Journal, DC)
EchoSign lets users sign contracts with mouse click Apr 15, 2009
Capturing a marquee customer in British Telecom Group Plc in late 2006 led to a windfall. The London-based communications services giant employs more than 5,000 sales reps using EchoSign, each of them independent contractors. (San Jose Business Journal, CA)
BT to freezes pay of 100,000 empl... Mar 12, 2009
The block on pay rises, which comes after a collapse in the telecom group s profits and share price, makes it the latest in a string of private-sector employers to freeze pay in response to the economic downturn. BT said: This has not been an easy decision, but, given the tough economic climate, it is important BT meets these challenging times head on. (New York Post -- Business)
Telecom Argentina S.A. Announces Consolidated Annual Period ('FY08') and Fourth Quarter Results for Fiscal Year 2008 ('4Q08')* Mar 7, 2009
-- Advertising: amounted to P$388 million (+27% vs. FY07) oriented towards supporting the commercial activity in cellular telephony and Internet, and to strengthen the brand position of the Telecom Group ... Additionally, through a controlled subsidiary, the Telecom Group offers cellular services in Paraguay ... (*) Employee Stock Ownership Program For more information, please contact the Investor Relations Department: Pedro Insussarry 54-11-4968-3743 Solange Barthe Dennin 54-11-4968-3752... (PR Newswire)
SingTel gets NLD, ILD licences Mar 6, 2009
Till recently the group's other major investments in the region include Advanced Info Service (AIS) in Thailand, the Bharti Telecom Group in India, Globe Telecom in the Philippines, Pacific Bangladesh Telecom (PBTL) in Bangladesh, Telkomsel in Indonesia and Warid Telecom in Pakistan. Text. (India Times, India -- Intl Business)
Need to know: Porsche slows down... Mar 3, 2009
Vivendi: The French media and telecom group s net profit for 2008 slipped by 0. 8 per cent to 2. (New York Post -- Business)
Vivendi: 2008 Goals Reached Mar 2, 2009
In 2008, bolstered by continuing strong mobile revenue growth, Maroc Telecom Group reported consolidated annual revenues of 2,601 million, an increase of 5 ... Driven by revenue growth and cost control, Maroc Telecom Group EBITA rose to 1,224 million in 2008, an increase of 12 ... This evolution reflects strong cost control in all the groups activities and increases in the contribution of Canal+ Group (+168 million), Maroc Telecom Group (+133 million) and Universal Music Group... (Yahoo! Wire -- Entertainment News)
BT core earnings down 9 percent on unit woes Feb 12, 2009
The unit, which provides IT services for corporate customers, has been under review since the former state telecom group issued an earlier profit warning at the end of October due to a lack of cost efficiencies at the unit. The group then warned in January it would take charges of around 340 million pounds at its Global Services unit for the quarter that would outweigh better-than-expected results at the rest of the group. (International Herald Tribune)
NTT Communications Ties with China Telecom to Launch Shanghai Data Center Feb 8, 2009
Tokyo, Feb 2, 2009 (JCN) - NTT Communications Corporation has agreed with China Telecom Shanghai, a subsidiary of China Telecom Group, to launch the Yuanqu Data Center in Shanghai. NTT Com also announced that the data center will introduce Global e-VLAN point of presence (POP) to provide international wide-area Ethernet service on February 2. (JCN Network, Japan)
