U.S. voice traffic carrier iBasis said some shareholders intended to reject Dutch telecoms group KPN's increased bid of $2.25 per share for the company.
European equities edged lower on Friday, with the key index hovering around 1,000 points, as weaker miners offset telecom shares that rose after Telefonica (TEF.MC) offered bigger-than-expected dividends.
Dongle may sound a bit goofy, but the innocent-seeming technology is emerging as one of the biggest challenges to the mobile telecoms industry in coming years.
India is considering a new law allowing strict checking of all imported telecommunications equipment, the latest move to plug security holes after last year's Mumbai attacks.
Bank of America Securities-Merrill Lynch Research downgraded the European telecoms sector to neutral from overweight, saying the sector's relative earnings momentum is likely to lag that of sectors more geared into a recovering economy.
Dutch telecoms group KPN confirmed its offer of $1.55 per share for iBasis shares it does not yet own after iBasis repeatedly objected to the bid on Thursday because it was inadequate.
U.S. stocks fell for the second day on Thursday as Cisco's cautious outlook for a recovery and falling telecom stocks offset optimism about the economy spurred by a steep drop in the number of workers filing new claims for jobless benefits.
Private equity firm Kohlberg Kravis Roberts & Co is preparing up to six companies for initial public offerings in the next year, the Financial Times reported in its Saturday edition.
Private equity firm Kohlberg Kravis Roberts & Co is preparing up to six companies for initial public offerings (IPOs) in the next year, the Financial Times reported in its Saturday edition.
World stocks and commodity prices rose on Thursday after China's central bank reaffirmed loose monetary policy and European corporate earnings cheered investors, while the dollar and government bond prices fell.
Alcatel-Lucent still expects the global telecoms equipment market to fall 8-12 percent in 2009 at constant currency exchange rates, the chief executive of Alcatel-Lucent France said on Thursday.
Communist Cuba may boast a doctor on every block and schools for all its children, but when it comes to telephones, computers and the Internet it lags behind other countries in the hemisphere, a government report showed on Thursday.
NEW YORK, May 7 - The Nasdaq turned lower on Thursday, and the Dow and the S&P 500 cut gains, as a sell-off in big-cap technology and telecommunications companies weighed.
The Nasdaq turned lower on Thursday, and the Dow and the S&P 500 cut gains, as a sell-off in big-cap technology and telecommunications companies weighed.
The European Parliament sent a major reform of EU telecoms rules back to the negotiating table on Wednesday due to concerns over perceived inadequate rights for Internet users.
European Union states gave the green light on Wednesday to a sweeping reform of the telecoms sector after accepting a last-minute deal to resolve a spat over Internet access, the Czech EU presidency said.
Denmark boasts the world's most networked economy, putting it and its Nordic neighbors in a good position to rebound from the current global downturn, the World Economic Forum said on Thursday.
Stocks trimmed losses with the S&P 500 briefly turning positive in choppy trade on Thursday as gains in energy and telecom shares offset declines in banks amid persistent worries over the recession-hit economy.
Chevron was the Dow's biggest boost as the price of oil jumped after government data showed a surprise fall in crude inventories last week.
On the downside, banks dragg...
Telecoms executives are keeping faith in emerging markets despite currency gyrations amid the global economic downturn.
Delegates to this year's Mobile World Congress in Barcelona are getting down to the business of cost-cutting and doing what deals they can as the industry adjusts to the realities of global economic downturn.
Spanish telecoms group Telefonica SA expects to raise its stake in China Netcom Group Corp to 10 percent in coming months, Chairman Cesar Alierta told Reuters on Monday.
Telecoms operators who wish to provide television over Internet in India will have to pay between 6 percent and 10 percent of their adjusted gross revenue as licence fees, depending on the telecom zone they operate in, the telecoms regulator recommended on Friday.
