Press Clippings: Telecom News Headlines

Major Industry items you might have missed

Friday, July 3, 2009

Vodafone agrees new Carphone deal.

Source: BBC.

Carphone Warehouse is to restart selling Vodafone mobile phone contracts, three years after Vodafone pulled the products from the retailer.
Vodafone stopped allowing Carphone Warehouse to sell its range of pay monthly deals in 2006 after a dispute over how much commission it had to pay.

Posted by Judith — 3:54 AM

Bell gets fresh Virgin blood.

Source: TeleGeography.

Bell Canada has revealed a new retail strategy targeting the youth market following the conclusion yesterday of two previously announced acquisitions, the CA$135m. (US$117m.) purchase of retail chain The Source and the 50% that it did not already own of MVNO Virgin Mobile Canada, costing CA$142m.
The incoming president of Virgin Mobile Canada, Robert Blumenthal, said that ‘Virgin Mobile’s youth-oriented brand fits very well with The Source’s focus on young and tech-savvy consumers.’

Posted by Judith — 2:49 AM

AT&T, BT, Tata dial up first inter-carrier telepresence call.

Source: FierceTelecom.

AT&T, BT, and Tata Communications have conducted the first international, inter-carrier, inter-company multi-point telepresence call. The call involved telepresence systems at AT&T locations in Bedminster and Morristown, N.J., and Chicago, Ill.; a BT location in Colorado Springs, Colo.; a Cisco site in San Francisco; and Tata sites in Boston and London.

Posted by Judith — 1:44 AM

Telekom Austria to invest EUR1.5bn. in broadband upgrades.

Source: Telecompaper.

Telekom Austria has announced plans to invest EUR1.5bn. over the next four years to modernise the country’s telecommunications infrastructure, including EUR1bn. on a next-generation fixed-line network and EUR500m. to meet growing demand for mobile internet access.

Posted by Judith — 1:11 AM

Thursday, July 2, 2009

Millicom attracts bidders for Asian operations.

Source: Telecompaper.

Mobile operator Millicom announced that several parties have expressed interest in acquiring its Asian operations up for sale. The Asian operations, which include operators in Sri Lanka, Cambodia and Laos, generated revenues of US$68m. and net profit of US$4m. in the first quarter.

Posted by Judith — 4:28 AM

U.S. gov’t to release US$4bn. for broadband.

Source: Reuters.

The U.S. government will soon release US$4bn. of loans and grants aimed at expanding broadband access to underserved areas across the United States.
The funds are part of a US$7.2bn. program to build an affordable high-speed Internet structure in rural areas. The project is being pushed by President Barack Obama, in part, to shore up the U.S. economy with job creation in the telecommunications sector.

Posted by Judith — 3:37 AM

Terrestar-1 — world’s largest commercial satellite — enters orbit.

Source: Converge.

Terrestar-1, the largest and most powerful commercial satellite to date, was successfully launched into geostationary orbit aboard an Ariane 5 rocket from the spaceport in French Guiana.
TerreStar-1 will be located at an orbital position of 111 deg. West, offering integrated satellite and terrestrial mobile services across the United States and Canada using conventionally-sized dual mode handsets.

Posted by Judith — 2:43 AM

Freedom4 reveals reverse takeover plans.

Source: TeleGeography.

UK-based Freedom4 Group, the cash shell left following the disposal of Pipex’s internet hosting business, has unveiled plans for a reverse takeover. Under the proposed deal Freedom4 has conditionally agreed to acquire Daisy Communications as well as the assets of Vialtus. It is understood that the enlarged unit will be renamed as Daisy Group.

Posted by Judith — 2:36 AM

Wednesday, July 1, 2009

EU travellers get mobile phone price cut.

Source: TimesOnline.

Millions of travellers will pay much less to use their mobile phones while abroad within the European Union after new regulations came into force today. Under the new limits there is a single tariff covering all 27 EU member states.

Posted by Judith — 5:59 AM

NTT beefs up in Europe.

Source: Light Reading.

NTT has reminded its international business services rivals such as AT&T Global Network Services , BT Global Services , Orange Business Services , and Verizon Business that it’s a force to be reckoned with, by bolstering its physical presence in Europe and the U.S., offering new service guarantees, and announcing a security services-oriented acquisition.
The Japanese giant has agreed to buy Integralis AG , a German firm specializing in IT security services, for EUR75m. (US$105.5m).

Posted by Judith — 3:36 AM

Headline news about telecom from a wide range of sources, compiled by Penny, Judith and Lorrie at LTC International.

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