CommunicationsDirect News Daily Update

******************************** PricewaterhouseCoopers Presents The CommunicationsDirect Daily Update For March 08, 2007 ********************************

The FCC, Cable Franchising and Commissioner Adelstein

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It was no surprise that the FCC in December adopted rules beneficial to telephone companies that pre-empt much of the jurisdiction of Local cable TV Franchising Authorities (LFAs). And it was no surprise that the FCC did nothing to help existing cable MSOs except promise to look at whether the same pre-emption might apply when existing ...

Greek Government Extends Deadline for Emergence of OTE Strategic Partner

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The Greek government has given its advisers until the end of March 2007 to find a strategic investor in the incumbent telco, OTE, according to a Dow Jones report, which cites a senior Greek finance ministry official. Greece, which plans to sell as much as 20% of its stake in OTE, had given its financial advisers-UBS, Credit Suisse and ...

Privatisation of Ukrtelecom to Begin with Sale of Five 1% Stakes

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Ukraine's State Property Fund (SPF) is planning to sell small stakes in fixed-line incumbent Ukrtelecom through the separate sale of five 1% stakes, according to press reports. The news was disclosed to reporters at an SPF press conference. Official details of the sale of the first 1% stake are likely to be published on 28 March, ...

Ericsson Gets The Nod For Tandberg Takeover

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Tandberg Television has embraced its new lover, accepting Ericsson's unexpected rival acquisition bid and spurning would-be suitor Arris. Investor hope for a continued bidding war for IPTV leader Tandberg, meanwhile, appears to fade following a statement by Tandberg endorsing the Ericsson bid. Tandberg share prices slid this ...

Nortel Preaches ATCA

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SAN JOSE, Calif. -- Light Reading Live -- The transition to AdvancedTCA (ATCA) might not be pretty, but it pays off, according to Nortel Networks Ltd. Mitch Simcoe, a senior manager of product marketing, explained his company's history with ATCA in his keynote speech at ATCA, AMC, & MicroTCA 2007: Moving to ...

Palm: To Buy, or Not to Buy?

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Speculation that Palm is shopping for potential takeover suitors has heated up in the last two weeks thanks to reports in the media. Analysts, however, are skeptical about the rumors and even toss some cold water on the idea. Depending on which source of information you read, Dell, HP, HTC, Microsoft, Motorola, Nokia, RIM and ...

Clearwire's Cash Craving

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Will $500 million in new capital be enough for Clearwire LLC ? Maybe not. The wireless broadband operator has priced its initial public offering and is hoping to raise up to $500 million in a float expected this Thursday. The company says that it will offer 20 million shares on the Nasdaq at between $23 and $25 a share. The ...

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