Pirelli Buys 9.54% Stake in Olimpia; Edges Closer to Full Control of Telecom Italia
formatting link
Pirelli yesterday paid 1.17 billion euro (US$1.49 billion) for two 4.77% stakes in Olimpia, the holding company that controls Telecom Italia. Pirelli bought out Banca Intesa and UniCredit to take its stake in Olimpia to 80%, leaving Edizione Holding, controlled by the Benetton family, with 20%. Olimpia is the largest single ...
Motorola Hits Moscow's Red Square
formatting link
Leading global mobile equipment supplier, Motorola, has announced the opening of a new Global Flagship Store, Red Square MOTO, in Moscow's Red Square area. A Motorola statement describes the new outlet as a 'consumer-centric' departure from the additional shopping experience, which will allow customers to ...
Perspectives: An interview with Qualcomm's Paul E. Jacobs
formatting link
San Diego, California-based QUALCOMM has been the leading developer of CDMA-based wireless technologies and remains at the forefront of many of the latest wireless technological developments behind the launch of 3G networks around the globe. Having overseen QUALCOMM since July 2005 as its chief executive officer, Dr. Paul E ...
Covad, Cisco Team to Sell VoIP Bundle Through Channel
formatting link
COVAD COMMUNICATIONS GROUP INC. announced at the Fall 2006 Channel Partners Conference & Expo that it has extended is co-marketing agreement with Cisco Systems Inc. to include sales and support of a voice and data bundle for the SMB market through the companies 'indirect' sales channels. The new offer pairs Cisco's ...
Helio Takes a Hybrid Approach
formatting link
Helio unveiled Helio Hybrid, a new service that marries 3G and Wi-Fi technology to enable its subscribers to access what they want without having to fuss with several logins, the MVNO says. Helio Hybrid enables subscribers to switch between a nationwide 3G network, private and free Wi-Fi signals and a global network of Wi-Fi hot ...
AT&T Targets SMB Consulting Market
formatting link
AT&T is marketing a package of network, communications and information technology (IT) consulting services to the small and medium sized business (SMB) segment, extrapolating a number of the offerings from a similar portfolio previously reserved mostly for its government and global, multinational corporate (MNC) accounts. ...
Globalcomm & TelecomNext Rejoin Forces
formatting link
Like Liz Taylor and Richard Burton giving it another go, telecom's two biggest trade organizations have decided to combine tradeshows once again, after a year of kvetching from the industry. What once was known as Supercomm, and then later as two separate shows -- Globalcomm and TelecomNext -- is being reincarnated in 2007 ...
Your feedback on our e-letter is always welcome. Send email to: TelecomDirect Editor Copyright (C) 2006 PricewaterhouseCoopers.