The TelecomDirect News Daily Update
For November 22, 2006
TelecomDirect News will take an editorial holiday on November
23-24. We will resume publishing on November 27. We wish everyone a
safe and happy Thanksgiving.
Speculation Deepens on Hutchison Whampoa's Possible Sale of the 3 Group
Hutchison Whampoa has refuted speculation that it is in talks with
France Telecom's Orange about a deal that could lead to a sale
of the 3 ...
VimpelCom to Make a Beeline for Armenia's Mobile Market
Russian mobile operator VimpelCom plans to introduce its
'Beeline' brand into Armenia as soon as possible, reports the
news agency Prime-Tass, quoting the company's vice-president,
Nikolai Pryanishnikov. VimpelCom acquired a 90% stake in the
fixed-line and mobile operator, Armentel, for US$463.3 million,
plus around ...
A Status-Seeker's Cell Phone
Like it or not, we are all judged by the home we live in, the
clothing we wear, the car we drive and, increasingly, the phone
we carry. For those of us who wish to make a loud, ostentatious
statement about our lifestyle and identity, there's the
Motorola Razr V3i Dolce & Gabbana. Make no mistake about it,
Private Equity Firm Expresses Interest in TelecomItalia
The chairman of Blackstone Group, the world's largest private
equity company, said Thursday he would consider buying a minority
stake in TelecomItalia. If the shareholders are willing to sell
we would be interested, in TelecomItalia, Tony James told
reporters on the sidelines of a private equity conference ...
ITV Rejects Takeover Bid From NTL, Saying Proposal Makes Little Strategic Sense
ITV PLC, Britain's largest commercial broadcaster, on Tuesday
rejected a 4.7 billion pound (US$8.9 billion (806.9 billion)
takeover offer from cable operator NTL Inc., saying the proposed
combination made little strategic sense and undervalued the
business. NTL offered to pay 122 pence (US$2.31) a share _
105 pence ...
Investors Throw More Cash At Mobile TV Chip Startup
Startup Newport Media, which is developing mobile TV chips for
use in cell phones and other handheld devices, had closed a $30
million third round of venture financing. The new cash brings to
$66 million total funding for the company, which won't even
celebrate its second birthday until January. The latest round
was led by ...
Taxing Times for WiFi?
The Australian government has won the first skirmish in a legal
battle that could allow it to charge vendor royalties for all
WiFi equipment and deployments. Australia's Commonwealth
Scientific and Industrial Research Organization (CSIRO) claims
that U.S. patent 5487069, which it obtained in 1996, covers
technology used in ...
Poll: Vonage IPO Gets Thumbs Down
Readers didn't have many definitive opinions about upcoming IPOs,
based on the latest Light Reading poll, but they do know what
they don't like: Vonage Holdings Corp. (NYSE: VG). Asked which
recent IPO would prove the biggest dud, a little more than half
of the 182 respondents picked Vonage over Acme ...
Business and Consumer IP Phone Markets Will Accelerate by 2008
SCOTTSDALE, Ariz., - The mass migration to IP-based services is
finally happening in both the business and consumer markets. Even
though the adoption of IP phones is currently lagging, reports
In-Stat, the growth of IP phones will accelerate significantly
beginning in 2008, the high-tech market research firm says.
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