CEO Demands Immediate Privatisation of OTE
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OTE chief executive Panagis Vourloumis has demanded the immediate privatisation of his company, according to Dow Jones reports yesterday. Vourloumis is calling on the government to privatise its remaining 36% stake in OTE soon, in order to enable the company to adapt. 'The need to complete the privatisation of OTE is immediate,' he said....
Nokia Ups Global Mobile Growth Estimate, Launches New Handsets For Asian Markets
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HELSINKI, Finland -- The world's largest cell phone maker, Nokia Corp., on Thursday upped a growth estimate of worldwide mobile device sales this year to 15 percent, saying most of the increase will be in the emerging markets of Asia and Africa. Separately, it announced the launch of three low-priced handsets in China, in a...
EU Clears Virgin and Carphone Warehouse To Start New French Mobile Phone Service
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BRUSSELS, Belgium -- EU regulators on Thursday cleared Virgin Mobile Holdings PLC and Carphone Warehouse Group PLC to launch a new mobile phon eservice in France. The two companies said last October they would jointly create and own a mobile virtual network operator that would rent access from France Telecom's Orange network and...
Telcos Vs. Cablecos: 'A-Feudin' Over Franchising
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And you thought the fabled Hatfield-McCoy feud was nasty. U.S. telcos and cablecos are escalating a nasty war of words over media advertisements and other propaganda messages that are posing "fer or agin" positions on the nationwide video-franchise issue. The public-relations fight has been building steam for weeks but it picked up...
Qualcomm Extends Feud with Broadcom
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Qualcomm is once again crying foul, filing its third intellectual property infringement case against rival Broadcom. This latest legal battle covers alleged infringement of Qualcomm's patents relating to WCDMA and wireless local area network chipsets. The suit, which was filed in a San Diego court, claims Broadcom's WCDMA and WLAN...
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