The European Parliament voted to end mobile phone roaming fees by 2016 and barred telecoms operators from prioritizing some Internet traffic over others.» Read More
BRASILIA/ SAO PAULO, Nov 4- A government plan to shield Brazil from alleged U.S. spying by forcing global Internet companies to store data on Brazilian users inside the country has run into mounting opposition in Congress, politicians said on Monday.
The Montreal- based company, the primary unit of media and telecommunications company Cogeco Inc, said late Wednesday its profit fell to C $43.9 million in the quarter, or 90 Canadian cents a share, from C $45.7 million, or 93 Canadian cents a share, a year ago.
SAO PAULO/ BRASILIA, Oct 28- Brazil, seeking to shield its citizens from alleged U.S. spying, is pushing ahead with its plan to force global Internet companies to store data obtained from Brazilian users inside the country, according to a draft of the law seen by Reuters.
KUWAIT, Oct 27- Mobile telecommunications group Zain wants to expand in North Africa by taking controlling stakes in companies or winning management contracts in the region, the Kuwaiti group's chief executive said.
TORONTO, Oct 24- Shaw Communications Inc, the dominant cable company in Western Canada, said on Thursday its fourth-quarter profit slipped as heightened competition drained away customers, and its shares fell after release of the results.
Britain's Vodafone Group has raised its preliminary offer to buy Kabel Deutschland, Germany's largest cable operator, a source close to the situation has told CNBC.
Is it time for investors in the Consumer Discretionary sector to exercise some discretion of their own?
Reforms that aim to level the playing field of Mexico's telecom industry will not necessarily end the dominance of the two big players.
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.
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.
A month ago, as a United States Congressional committee prepared to warn American telecommunications networks against doing business with two Chinese suppliers, the founder of one of those companies, Huawei, posed for photos with Prime Minister David Cameron of Britain in front of the fireplace at 10 Downing Street in London. The New York Times reports.
The wireless carrier ended its hosting agreement with start-up LightSquared, because regulators say it interferes with GPS navigation devices.
RIM’s market drop has been so dramatic, analyst Mark McKechnie of ThinkEquity says it’s likely too late for a comeback.
In times of financial market volatility, utilities such as telecom firms are generally perceived as safe haven plays for investors. This has been true for the sector in Singapore, where all three telecom service providers have outperformed the broader market.
Vodafone, the UK-listed telecoms company, has warned it faces a doubling of the $2.5bn tax bill it is contesting in the India Supreme Court in July. The FT reports.
With volatility roiling global markets in recent weeks, Christopher Mittleman, Chief Investment Officer at Mittleman Brothers Investment Management, recommends that investors ignore the short-term events - like the Greek crisis - and focus on fundamentals.