The CommunicationsDirect Daily Update
For March 08, 2007
The FCC, Cable Franchising and Commissioner Adelstein
It was no surprise that the FCC in December adopted rules
beneficial to telephone companies that pre-empt much of the
jurisdiction of Local cable TV Franchising Authorities
(LFAs). And it was no surprise that the FCC did nothing to help
existing cable MSOs except promise to look at whether the same
pre-emption might apply when existing ...
Greek Government Extends Deadline for Emergence of OTE Strategic Partner
The Greek government has given its advisers until the end of
March 2007 to find a strategic investor in the incumbent telco,
OTE, according to a Dow Jones report, which cites a senior Greek
finance ministry official. Greece, which plans to sell as much as
20% of its stake in OTE, had given its financial advisers-UBS,
Credit Suisse and ...
Privatisation of Ukrtelecom to Begin with Sale of Five 1% Stakes
Ukraine's State Property Fund (SPF) is planning to sell small
stakes in fixed-line incumbent Ukrtelecom through the separate
sale of five 1% stakes, according to press reports. The news was
disclosed to reporters at an SPF press conference. Official
details of the sale of the first 1% stake are likely to be
published on 28 March, ...
Ericsson Gets The Nod For Tandberg Takeover
Tandberg Television has embraced its new lover, accepting
Ericsson's unexpected rival acquisition bid and spurning would-be
suitor Arris. Investor hope for a continued bidding war for IPTV
leader Tandberg, meanwhile, appears to fade following a statement
by Tandberg endorsing the Ericsson bid. Tandberg share prices
slid this ...
Nortel Preaches ATCA
SAN JOSE, Calif. -- Light Reading Live -- The transition to
AdvancedTCA (ATCA) might not be pretty, but it pays off,
according to Nortel Networks Ltd. Mitch Simcoe, a senior manager
of product marketing, explained his company's history with ATCA
in his keynote speech at ATCA, AMC, & MicroTCA 2007: Moving to
Palm: To Buy, or Not to Buy?
Speculation that Palm is shopping for potential takeover suitors
has heated up in the last two weeks thanks to reports in the
media. Analysts, however, are skeptical about the rumors and
even toss some cold water on the idea. Depending on which source
of information you read, Dell, HP, HTC, Microsoft, Motorola,
Nokia, RIM and ...
Clearwire's Cash Craving
Will $500 million in new capital be enough for Clearwire LLC ?
Maybe not. The wireless broadband operator has priced its initial
public offering and is hoping to raise up to $500 million in a
float expected this Thursday. The company says that it will
offer 20 million shares on the Nasdaq at between $23 and $25 a
share. The ...
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