Navigating the Web of Financial Reporting
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Two trends are combining to change the nature of financial reporting in the modern world. First, technology, particularly the internet, has altered the way that information is presented and communicated. Traders, stakeholders, institutions, analysts, agencies, governments and regulators alike all use the data available online as they go...
BT, Alcatel Conclude 21st Century Network Contract
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BT and Alcatel have concluded contract negotiations for BT's next-generation network transformation programme, 21st Century Network (21CN). In a press release, Alcatel confirmed that it would provide its 7750 Service Routers and 5620 Service Aware Manager for BT's 21CN Metro node. Alcatel claims that its products provide 'service and...
MobilTel Launches Bulgaria's First 3G Services
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Bulgaria's leading mobile operator has commercially launched the country's first W-CDMA network in Sofia, the capital. MobilTel plans to expand the coverage of its 3G network to the Black Sea cities of Varna and Burgas by mid-2006. As part of its promotional package, MobilTel offers a 50% discount on video-calling - its first 3G service...
SMB/Branch Office Bundle Could be Worth Billions to Carriers
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SCOTTSDALE, Ariz. -- The Small Business (SMB)/ Branch Office Bundle, a converged network solution, may be worth billions of dollars in recurring revenue to telecom carriers in a few years, reports In-Stat. In-Stat primary research conducted during 2005 shows strong demand for a small office network service bundle, with over 80% of...
Portugal Telecom Rejects Takeover Bid; 2005 Profit Hits US$780.7 mil.
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Portugal Telecom's board has recommended shareholders to reject the US$12.8-billion takeover bid from Sonae, claiming that it undervalues the company. In a statement, Portugal Telecom said: 'Sonaecom's offer significantly understates the full value of Portugal Telecom, and SonaeCom's arguments on value are...
CeBIT Show to Unveil New Range of Products
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FRANKFURT, Germany -- The annual CeBIT high-tech fair is set to show off a new range of advanced mobile phones, ultra-light laptops, powerful yet compact digital cameras and -- maybe -- Microsoft's latest secret project. Established names such as Intel and Samsung will vie for product buzz with newcomers seeking entry into the...
TiVo to Expand TV Recording to Cell Phones
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SAN JOSE, Calif. -- TiVo subscribers will soon be able to program television recordings straight from cell phones using the Verizon Wireless network. An agreement with Verizon Wireless, to be announced Tuesday, expands on TiVo Inc.'s strategy to bring the digital video recording pioneer's capabilities beyond its set-top-boxes and...
Nokia in US$190 million Deal To Supply Digital Networks to Saudi Arabian Company
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HELSINKI, Finland -- Nokia Corp. will supply digital networks and equipment for Saudi Arabia's Du, in a deal worth more than US$190 million, the Finnish company said Tuesday. Du, 50-percent owned by the Saudi government, holds the second national mobile license in the United Arab Emirates providing fixed line, TV and high speed...
Sprint Nextel Subscribes to Fandango Mobile
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Sprint Nextel is the first carrier to use Fandango Mobile to take movie ticket purchases wireless. The wireless application was developed in conjunction with Crisp Wireless. The Fandango Mobile service enables users to purchase movie tickets through the Web browser on their wireless phone or PDA. Once tickets are purchased, virtual...
Ofcom Hangs Up 'Silent' Auto-Dialer Calls
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U.K. telecom regulator Ofcom has ordered new, more stringent rules to clamp down on so-called "silent and abandoned" telephone calls generated by automatic dialers run by telemarketing organizations with overburdened call-center personnel. "Silent calls are a significant cause of inconvenience and anxiety for thousands of people every...
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