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Cisco Systems Closes Scientific-Atlanta Deal for US$6.9 bil.
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Cisco Systems announced yesterday (27 February 2006) that it has completed the US$6.9 billion acquisition of set-top box maker Scientific-Atlanta in the United States, according to the Wall Street Journal, which represents Cisco's largest acquisition to date. Significance: Cisco has used a different strategy for this buy-out -- instead...Cable & Wireless Aims to Cut Staff in Half
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LONDON -- Cable & Wireless Group PLC, Britain's second-largest telecommunications company, said Tuesday that it aims to shed up to half of its work force, or up to 3,000 jobs, within five years. The company said it envisaged cutting staff from the current 5,500 to between 2,500 and 3,500 as it concentrates on fewer and larger...CTIA: Leave DE Alone
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WASHINGTON -- CTIA is opposing the FCC's proposal to restrict bidding requirements in the upcoming advanced wireless services (AWS) auction. The organization said in comments filed late Friday that the agency's proposed restriction of "designated entity," or DE, partnerships formed between small carriers and larger incumbent...Copyright (C) 2005 PricewaterhouseCoopers.