Telecom Italia Deal Ends Long Battle for Control of Former State
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MILAN, Italy - The Euro 4.1 billion (US$5.58 billion) deal giving Spain's Telefonica SA and a group of Italian financial backers control of Telecom Italia was welcomed Monday as the kind of cross-border deal that could shape the future of the telecommunications landscape. A consortium of Telefonica and Italian financial ...
Strong Subscriber Growth Continues for Alltel
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Alltel has recorded another quarter of strong subscriber growth, although net income is still lower on the previous year after the spin-off of the legacy wireline business, but signs for the wireless business are ...
White Knight To The Rescue? Mitel Agrees To Buy Inter-Tel
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Inter-Tel has agreed to be acquired by Mitel in a $723 million deal that might finally end the acrimonious year-long proxy battle between Inter-Tel's current management and the company's founder. On the other hand, it could turn the simmering battle into an all-out nuclear war for control of the company. Under terms of ...
Samsung Enlists WiMAX in the Army
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Samsung Electronics says that it is providing Mobile WiMAX technologies to the U.S. Army's Communications Electronics Research Development Engineering Center (CERDEC), so that the army might evaluate the usability of the technology in a military environment. Engineers at CERDEC will test the performance of mobile WiMAX ...
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