Latest news on ‘Telecom’
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Qwest Net Off 39% as Demand Sags
By ROGER CHENG
Qwest Communications International Inc. reported a 39% slide in fourth-quarter earnings as a result of severance costs and the continued deterioration of demand in its traditional phone services.
The [...] -
Bharti eyes Africa in $11 billion bid for Zain assets
NEW DELHI/LONDON (Reuters) – Bharti Airtel (BRTI.BO) is in exclusive talks to buy most of Kuwaiti telecom group Zain’s (ZAIN.KW) African business, the Indian firm’s third attempt at gaining a [...]
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Motorola Split Signals Further Mobile-Home Video Integration
By Roger Cheng
NEW YORK (Dow Jones) – Motorola Inc.’s (MOT) decision to bundle together its mobile devices and home products divisions in a pending spin-off indicates the company plans to [...] -
Sprint 4Q Loss Narrows,Pre-Paid Growth Falls Short
NEW YORK (Dow Jones) – Sprint Nextel Corp. (S) posted a narrower fourth-quarter loss but faced increasing competition for wireless customers who pay in advance for service, as competitors cut [...]
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Google Delays Release of Cellphones in China
By EDWARD WONG
BEIJING — Google said Tuesday that it and a Chinese cellphone service company had postponed the release this week of two mobile phones that would use Google’s Android [...] -
Wireless Industry in Flux as Google Steps In
SAN FRANCISCO/LAS VEGAS (Reuters) – The smoke has finally cleared on Google Inc’s highly anticipated Nexus One smartphone, but the ramifications of the Internet company’s new role as a mobile [...]
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Orascom Telecom Appeals Against Egyptian Financial Supervisory
(RTTNews) – Orascom Telecom Holding S.A.E. (OTLD.L: News ) said that it has filed a grievance with the Grievance Committee of the Egyptian Financial Supervisory Authority against the decision accepting [...]
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Sprint shares jump after Citi upgrade
NEW YORK (AP) – Shares of Sprint Nextel Corp. got a boost Wednesday after a Citi Investment Research analyst upgraded the telecommunications company and said a combination with T-Mobile USA [...]
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Charter Communications emerges from bankruptcy
By Chelsea Emery
NEW YORK (Reuters) – Cable operator Charter Communications Inc (CHTRQ.PK) has completed its financial restructuring and has emerged from Chapter 11 bankruptcy after cutting its debts by 40 [...] -
Sprint Nextel scores upgrade, pays off $1B loan
by Elizabeth Harrow
Sprint Nextel (S) reported this morning that it paid off an outstanding loan worth $1 billion on its $4.5 billion revolving credit facility. As a result, the wireless [...]
