Motorola Acquires Modulus Video
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Motorola has embarked on the latest in a long string of strategic acquisitions to build strength in end-to-end video-networking and converged video solutions ...
Telefonica Plans Undercut Mobile Prices in Spain, Expects Mobile TV to Drive Revenues
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Spain's leading telecoms group, Telefonica, has reduced the mobile prices charged by its cellular unit, Telefonica Moviles Espana, in an effort to drive subscriptions. The new price plans undercut its previous charges by 10%. In addition, Telefonica expects mobile TV broadcasts to drive its ...
Phone Company Embarq Does Well in First Year
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OVERLAND PARK, Kan. -When Embarq Corp. was spun off by Sprint Nextel Corp. a year ago this week, it was expected to follow the troubling example of most traditional telephone companies -- a steady decline amid the growing flight of customers to phone service from cable TV, cellular and Internet providers. A year later, the ...
'New Wave' Keeps BT on Track
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BT Group plc reported better revenue and profit numbers for its fourth quarter and full financial year today, and announced a new £2.5 billion (US$4.94 billion) share buyback scheme to return cash to its investors. Revenues of £5.3 billion ($10.5 billion) and £20.2 billion ($39.9 billion) for the quarter ...
Cerberus to Bid on BCE
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Private equity firm Cerberus Capital Management plans to make a bid for Canadian telephone company BCE, according to a report in The Globe and Mail. The paper said the U.S.-based equity firm had enlisted the help of investment bankers UBS AG and Genuity Capital Markets to advise them on the deal. In order to go forward with the ...
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