MILAN/ ROME, May 10- Italy's Antitrust Authority on Friday fined Telecom Italia 103.8 million euros for abusing its dominant market position as owner and manager of the country's fixed-line telephone network.» Read More
MILAN/ ROME, May 10- Italy's Antitrust Authority on Friday fined Telecom Italia 103.8 million euros for abusing its dominant market position as owner and manager of the country's fixed-line telephone network.
**MERCK& CO INC, $45.95, down 2 pct. **TITAN PHARMACEUTICALS INC, $0.46, down 73 pct. **NEUTRAL TANDEM INC, $4.57, up 53 pct.
NEW YORK/ LONDON, April 25- Verizon Communications has hired advisers to prepare a possible $100 billion cash and stock bid to take full control of Verizon Wireless from its partner Vodafone, two people familiar with the matter said.
NEW YORK, April 24- Verizon Communications Inc has hired advisers to prepare a possible $100 billion cash and stock bid to take full control of Verizon Wireless from joint venture partner Vodafone Group Plc, two people familiar with the matter said on Wednesday.
Huawei has given up its quest to conquer the market for telecom network equipment in the US, where the Chinese company's sales have been repeatedly blocked. The FT reports.
*Deutsche Tel sweetens T-Mobile USA deal for MetroPCS. The German group's T-Mobile USA unit lacks the critical mass to take on bigger U.S. rivals Verizon, AT&T and Sprint and has been losing market share.
*Deutsche Tel sweetens T-Mobile USA deal for MetroPCS. FRANKFURT/ NEW YORK, April 11- Sweetening the terms of a U.S. merger not only improves Deutsche Telekom's chances of getting a deal done, but may also pave the way for what some investors and bankers think it really wants- to reduce its exposure to a highly-competitive market.
SAN FRANCISCO/ NEW YORK, April 9- Google Inc said on Tuesday it plans to bring its ultra high-speed Internet and television service to Austin, Texas, next year, prompting AT&T Inc to reveal its own plans to follow suit- if it gets the same terms from local authorities.
MEXICO CITY, April 4- Mexico's competition watchdog Cofeco said mobile phone company Telcel dominates the country's phone market, opening the door to tougher regulation of the company owned by Carlos Slim, the world's richest man.
*Genachowski to leave FCC after four years as chairman. *He expects FCC to keep current direction after he exits. Genachowski, whose term was due to end in June, told FCC staffers he would be leaving his post "in the coming weeks" but did not give a date.
In remarks to FCC staffers, Genachowski did not give a date for his widely expected exit or specify his plans after he leaves the agency. His term at FCC, which oversees telecommunications and broadcast companies, was due to end in June. Genachowski's successor as FCC chief has not been named.
*Could boost economy, make Lebanon regional data hub. DUBAI, March 20- Lebanon is embarking on an ambitious plan to bolster its telecommunications industry with a tender to run its two state-owned mobile telephone operators.
MEXICO CITY, March 19- Mexican tycoon Carlos Slim's telecom giant, America Movil, aims to boost by 40 billion pesos the fund it uses to repurchase shares, the company said in a statement to the Mexican stock exchange on Tuesday.
March 12- Canadian media and telecommunications conglomerate Quebecor Inc said Chief Executive Pierre Karl Peladeau was stepping down and would be replaced by Robert Depatie, head of the company's Videotron cable and telecoms unit. Quebecor shares were down 5 percent at C $43.50 on the Toronto Stock Exchange on Thursday.
TORONTO, March 4- Canada's Competition Bureau has approved BCE Inc's plan to acquire Astral Media Inc for C $3 billion, but the Bell parent's offer to buy the media company must still pass muster with the telecommunications regulator.
TORONTO, Feb 15- Telus Corp, one of Canada's three biggest telecom companies, reported a 23 percent rise in quarterly profit on Friday, helped by strength in its wireless business and a surprising burst of growth from its fixed-line unit.
SAN FRANCISCO, Feb 13- Google Inc and its Motorola Mobility unit struck back on Wednesday against BT Group Plc, filing patent lawsuits against the British telecommunications group more than a year after BT launched its own lawsuit against Google.
Newly adopted rules should boost competition in this part of the U.S. mobile telecommunications market and promote "the widespread availability of Internet access to aircraft passengers," the FCC said in a statement Friday.
British TV decoder maker Pace said on Monday that it had made an early-stage proposal to Internet group Google to acquire its set-top TV box maker Motorola Home.
LONDON/ SAN FRANCISCO, Dec 10- British TV decoder maker Pace Plc said on Monday that it had made an early-stage proposal to Internet group Google Inc to acquire its set-top TV box maker Motorola Home.