China has opened up its mobile broadband market after granting 4G licences to the country's three main telecom companies. The FT reports.» Read More
*Alcatel to cut 4,100 posts in Europe, 3,800 in Asia Pacific. *Alcatel to halve number of business hubs worldwide. *Alcatel shares rise 2 percent.
*Alcatel to cut 4,100 posts in Europe, 3,800 in Asia Pacific. Alcatel to halve number of business hubs worldwide. *Alcatel shares rise 2 percent.
COPENHAGEN, Sept 27- Denmark's Vestas Wind Systems has agreed a joint venture with Japan's Mitsubishi Heavy Industries for offshore wind turbines, adding financial muscle to its attempts to catch up with rivals in a sector viewed as the future of wind power.
NEW YORK/ HELSINKI, Sept 25- Nokia is discussing internally whether to approach French rival Alcatel-Lucent about a tie-up, part of the Finnish company's review of how it can grow after the planned sale of its handset business to Microsoft Corp, several people close to the matter said.
SINGAPORE, Sept 18- China plans to invest 2 trillion yuan to improve its broadband infrastructure by 2020 with the aim of taking the nearly entire population online, a vice minister said on Wednesday.
SAN FRANCISCO, Sept 7- Internet security experts are calling for a campaign to rewrite Web security in the wake of disclosures that the U.S. National Security Agency has developed the capability to break encryption protecting millions of sites.
*Nokia shares up 34 percent, Microsoft's down 5 pct. HELSINKI/ SEATTLE, Sept 3- Microsoft Corp will buy Nokia's phone business and license its patents for 5.44 billion euros, a bold foray into mobile devices that also brings potential chief executive contender Stephen Elop back into the fold.
*Short squeeze sends Nokia up 34 pct after unit sale. PARIS, Sept 3- European stocks' week-long rally paused on Tuesday, renewed worries over Syria overshadowing a 34 percent surge in Nokia after Microsoft agreed to buy the Finnish firm's phone business.
European shares closed down in choppy trade on Tuesday, while shares in mobile device maker Nokia surged 34 percent.
*Short squeeze sends Nokia up 40 pct after unit sale. PARIS, Sept 3- European stocks' week-long rally paused on Tuesday, with a 40 percent surge in Nokia after Microsoft agreed to buy the Finnish firm's phone business offset by brewing worries over Syria.
VIENNA, Sept 3- Nokia's $7.2 billion sale of its core phones division to Microsoft leaves three disparate high-quality business units whose value should benefit from the deal.
Nokia CEO Elop to rejoin Microsoft when deal closes. HELSINKI/ SEATTLE, Sept 3- Two years after hitching its fate to Microsoft's Windows Phone software, Nokia collapsed into the arms of the U.S. software giant on Tuesday, agreeing to sell its main handset business for 5.44 billion euros.
*China Mobile awards initial 4 G contracts worth $3.2 bln. *Ericsson, Alcatel-Lucent, Nokia Siemens secure a third. Telecoms equipment makers, such as global leader Ericsson and Huawei Technologies Co Ltd, have been waiting for China Mobile's 4 G tender to lift the fortunes of an industry that has been hit by a lack of spending worldwide.
SINGAPORE, Aug 23- China Mobile Ltd, the world's largest mobile carrier by subscribers, has awarded initial 4 G contracts worth around 20 billion yuan, with Chinese telecom gear makers Huawei and ZTE taking more than half, industry sources said.
New York, Aug 21- Facebook Inc's Chief Executive Mark Zuckerberg has enlisted Samsung Electronics Co Ltd, Qualcomm Inc and four other companies for a project aimed at bringing Internet access to people around the world who cannot afford it, following efforts by Google Inc.
Denmark's Vestas has dismissed Chief Executive Ditlev Engel, who has come under increasing pressure after several profit warnings bruised investor confidence in the company.
CEO Mark Zuckerberg announced the launch of internet.org, what Facebook calls "a global partnership with the goal of making Internet access available to the next 5 billion people."
*Megafon assumes $600 mln of Scartel's debt. MOSCOW, Aug 8- Megafon, Russia's second-biggest mobile phone operator by subscribers, is buying next-generation service provider Scartel for $1.2 billion to extend its lead in the race to provide high-speed internet.
European shares closed higher on Thursday afternoon, led by corporate earnings and strong jobs data from the U.S., which led stocks across the Atlantic to reach record highs.
*FTSEurofirst 300 up 0.2 percent. LONDON, July 18- European shares edged higher on Thursday, buoyed by the media sector after good results from Publicis, but weighed down by weakness in tech shares as a mixed earnings season picked up pace. British peer WPP gained 2.7 percent, with traders citing readacross from Publicis' results.