CommunicationsDirect News Daily Update

******************************** PricewaterhouseCoopers Presents The CommunicationsDirect Daily Update For March 28, 2007 ********************************

FastWeb Board Approves Swisscom Bid; Wind Eyes Tiscali

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Italy's leading alternative broadband provider, FastWeb, has approved Swisscom's takeover bid, offering 47 euro (US$62.71) per share. In a statement, FastWeb said that its board of directors have approved the terms of the offer based on the guidance of its financial advisers, Deutsche Bank and UniCredit Banca Mobiliare ...

T-Mobile Selects Musiwave For Czech Online Music Store

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The Czech Republic's number-one mobile operator, T-Mobile, has selected a leading provider of mobile music entertainment services, Musiwave, to support its full-track online music platform, branded T-music PLAY. It will enable users to browse and purchase music tracks and download them onto a PC, as well as transferring them to ...

AT&T to Launch Mobile Banking

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AT&T Inc.'s Cingular Wireless plans to introduce mobile banking capabilities with four prominent banks, the biggest such initiative in the U.S. but still shy of the industry's long-discussed goal of turning cell phones into credit cards. The deals with Wachovia Corp., Regions Financial Corp., SunTrust Banks Inc. and ...

LG Electronics to Incorporate Google Functions in Mobile Phones

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LG Electronics Inc. said Wednesday it has reached an agreement with Google Inc. to offer the leading online search engine's products on its mobile phones. LG's mobile devices, combined with Google, will provide consumers with easy access to their favorite Internet services even without a PC and make it easy for ...

Smith Micro Wins Macro Sprint Deal

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Wireless multimedia software vendor Smith Micro Software Inc. has landed a major OEM deal with Sprint Nextel Corp., the companies announced Monday. Light Reading reported that a deal was pending in a story published March 9. As part of the OEM deal, Sprint will distribute Smith Micro's Quicklink software renamed as the Sprint ...

FT, Telefonica Talk Up IMS

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MILAN, Italy -- C5 World Forum -- Any doubts that major carriers are taking IP Multimedia Subsystem (IMS) seriously as a next-generation network (NGN) architecture framework were dispelled here this morning as both France Telecom SA and Telefonica SA gave updates on where they are with their IMS deployments. Jorge de los ...

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