The TelecomDirect News Daily Update
For August 25, 2006
Belgacom Pays Vodafone 2 Billion for Full Control of Mobile Arm Proximus
Belgium's biggest telephone company, Belgacom SA, said Friday
that it has agreed to buy Vodafone Group Plc's 25 percent stake
in Proximus for 2 billion (US$2.6 billion), giving it full
control of the mobile operator. Belgacom said it expected the
deal would add 6 to 7 percent to next year's earnings citing ...
Norway's Telenor, Britain's The Cloud Team Up on 8,000 Wireless
Hotspots in 4 Countries
Norwegian telecommunications group Telenor ASA and Britain's The
Cloud on Friday announced a wireless hotspot partnership for four
countries. The deal covers 8,000 wireless hotspots in Sweden,
Denmark, Germany and Britain, a joint statement said. The
companies said that includes 800 new hotspots to be built in
Sweden and 500 in...
Survey Shows Mobile Phones Outstrip Fixed Lines Among European Households
More European households have cell phones than fixed lines,
according to a survey released Friday by the EU. Eighty percent
of households in the European Union have at least one mobile
phone, compared with 78 percent of homes with a fixed telephone
line. About 18 percent rely only on their cell phones, having no
fixed line. That ...
Lucent, Alcatel Seek U.S. Approval
Lucent Technologies is moving to the next phase in the approval
process for it to become part of France's Alcatel. The latest: A
request to start the deal's approval process in the United
States has been filed with the U.S. Committee on Foreign
Investment (CFIUS). "We expect the U.S. government agencies
to do a ...
PT Takeover Update: Regulator May Force Landline Sale
In what would be a surprise ruling, Portugal's Competition
Authority (AdC) could force Sonae to divest Portugal Telecom's
(PT) wireline assets if Sonae is successful in its $12.85 billion
hostile takeover bid for the Portuguese telecom giant, according
to rumors circulating in the country. Such a ruling would leave
Case in Point-to-Point
With the advent of WiMax, municipal mesh networks, and other
forms of 'ubiquitous' wireless broadband coverage, it might seem
that the 'last mile' problem, for years the bugaboo of
enterprises wishing to connect to fiber-optic rings in metro
areas, is already a thing of the past. That's not true for ...
Ericsson in $1B Bharti Expansion
With its mobile subscriber base growing at more than 1 million
new signups every month, Bharti Airtel Ltd. has awarded Ericsson
AB a monster $1 billion network expansion contract. Under the
three-year deal, Ericsson will design, deploy, and manage
additional network capacity across 15 regions for India's ...
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Copyright (C) 2006 PricewaterhouseCoopers.