The U.K.'s mid-cap companies are making the most of the country's buoyant growth, outperforming the FTSE 100 on revenues and profits.» Read More
PARIS/ LONDON/ MILAN, Aug 29- Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry.
LONDON, Aug 22- Britain's Vodafone has agreed to acquire a further 73 percent stake in Greece's broadband and fixed-line telephony provider Hellas Online for 73 million euros, to help it better compete in the highly competitive market.
FRANKFURT, Aug 7- Deutsche Telekom rejected an offer from Iliad for its mobile business in the United States and said regulators there should help smaller players compete against bigger rivals if they are not allowed to merge.
MUMBAI, Aug 1- India plans to hold an auction of airwaves for mobile phone network operators in February next year and aims to raise an initial $1.5 billion, according to a draft government plan seen by Reuters.
*Mobile money faces obstacles to growth outside Kenya,. DAKAR, July 30- IT technician Mansour Diagne is one of the lucky few in Senegal to have a bank account, but when he needs to pay some bills or transfer cash to his sisters on the other side of the crowded capital Dakar, he reaches for his mobile phone.
LONDON, July 25- Vodafone received no relief from tough market conditions in the first quarter, with a slowdown in Spain and South Africa resulting in another heavy drop in its key revenue measure. Chief Executive Vittorio Colao said the year had started in line with the company's expectations and its performance had improved in markets such as Germany.
LONDON, July 25- Vodafone received no relief from tough market conditions in the first quarter, with a slowdown in Spain and South Africa resulting in another heavy drop in its key revenue measure. That compared with a rate of 4.0 percent, including a full contribution from Italy, in the last quarter of its past financial year.
Controlling around 70 percent of Mexico's mobile market and more than 60 percent of landlines, Slim's America Movil has been blamed for overcharging consumers for patchy service since he bought a former state-run phone monopoly in the early 1990 s.
NEW DELHI, July 10- India's new government on Thursday unveiled a first budget that seeks to revive growth and curb borrowing, but left open questions on how it will reduce the fiscal deficit and restore investor confidence.
Indian PM Modi's new government unveiled a budget it said can revive growth after the longest slowdown in 25 years even while curbing borrowing.
*Increase in foreign direct investment cap in the insurance sector to 49 percent from 26 percent now will benefit companies such as ICICI Bank Ltd, Max India Ltd, Housing Development Finance Corporation Ltd that have insurance ventures with foreign partners.
NEW DELHI, July 10- Indian Prime Minister Narendra Modi's new government on Thursday unveiled a first budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how he would cap the big fiscal deficit.
NEW DELHI, July 10- Indian Prime Minister Narendra Modi's new government on Thursday unveiled a budget it said can revive growth after the longest slowdown in a quarter of a century even while curbing borrowing.
MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.
Mobile-pay start-ups have yet to offer a compelling experience that would cause consumers with bank accounts to leave their cards behind.
*Announces investments in Britain by Indian companies. MUMBAI, July 7- Britain's finance minister George Osborne praised India's new prime minister Narendra Modi on Monday for helping create a quick turnaround in investor sentiment, during a two-day trip aimed at opening up opportunities in defense and infrastructure.
*Commission has chastised Luxembourg in past. LUXEMBOURG/ BRUSSELS, July 4- The European Commission is widening its probe into how multinationals use countries such as Luxembourg to cut their tax bill, an official with knowledge of the matter said on Friday.
*Luxembourg says tax rulings in line with international rules. LUXEMBOURG/ BRUSSELS, July 4- The European Commission is widening its probe into how multinationals use countries such as Luxembourg to cut their tax bill, an official with knowledge of the matter said on Friday.
European markets ended the day higher, after the ECB held fire and the widely-watched U.S. non-farm payrolls came in stronger than expected.
NAIROBI, July 3- African countries' rapid growth over the past decade may have been the envy of many developed economies, but their number crunchers have struggled to keep up.