CommunicationsDirect News Daily Update

******************************** PricewaterhouseCoopers Presents The CommunicationsDirect Daily Update For May 07, 2007 ********************************

Deutsche Telekom Counts On US$1.3 bil. from Asset Sales

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Europe's largest telecoms group, Deutsche Telekom, is planning to raise 1 billion euro (US$1.3 billion) from the sale of assets, including its French unit, Club Internet, as well as some real estate assets. The telco also expects to pocket 3 billion euro from asset sales over the next three years, which will include its Spanish ...

Telmex Receives Green Light to Offer Triple-Play Services

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Mexico's incumbent fixed-line carrier Telmex has received approval to offer triple-play services in the local market, according to an announcement made by the operator on 3 May 2007. More specifically, a previously applied court order against the triple-play rules that were introduced back in October was lifted by the courts. As ...

Martin Backs Public/Private Use of 700 MHz

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Regarding the upcoming auction of 700 MHz spectrum licenses, FCC Chairman Kevin Martin said yesterday that he is open to public-private partnerships to help build out the new wireless network. According to a report by Reuters, speaking to a group at Microsoft's Silicon Valley campus, Martin agreed that advances in technology ...

VC Funding Roundup

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Mobile communities are in the air in this week's wireless VC funding round-up. Sonopia: The Menlo Park, Calif.-based mobile virtual network operator management company has grabbed a $12.7 million series B round led by Cardinal Venture Capital. Previous investors and 'individuals from the credit card and mobile ...


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