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.» Read More
NEW DELHI, Oct 3- An Indian court granted a stay on execution of a government order asking telecoms carriers to stop third-generation services outside their licensed areas through roaming pacts, after top carrier Bharti Airtel Ltd. The Delhi High Court on Wednesday asked the telecoms ministry to not take any "coercive action" until the next hearing of the case.
*Telefonica to list German unit by end-year. *Telefonica smallest player in Germany, room to grow. MADRID, Oct 3- Spain's Telefonica said on Wednesday it expected to list its German mobile phone business 02 in the fourth quarter and promised potential investors 500 million euros in cash dividends next year.
*FTSE 100 closes up 0.3 percent at 5,825.81 points. *Traders say technical levels favouring FTSE at present. *Intl Airlines Group and ARM top FTSE 100 leaderboard By Sudip Kar-Gupta.
*Telefonica to list German unit around end of month. *Telefonica smallest player in Germany, room to grow. MADRID/ FRANKFURT, Oct 3- Telefonica SA started the sale of up to 20 percent of its O2-branded German unit, hoping to raise up to 1.5 billion euros from a share offering designed to help cut the Spanish group's huge debts.
LONDON, Oct 2- Britain's mobile operators have put aside their hostilities and agreed to accelerate the roll-out of super fast broadband to prevent Britain from falling further behind in the race for connectivity.
LONDON, Oct 2- Mobile operators in Britain will be able to roll out 4 G services to the vast majority of the country in the first half of next year, or six months earlier than previously estimated, the government said on Tuesday. A statement from Culture Secretary Maria Miller after a meeting with mobile operators said the move was aimed at spurring growth.
By Foo Yun Chee and Leila Abboud BRUSSELS, Oct 2- Vodafone and KPN. Earlier on Tuesday, EU Competition Commissioner Joaquin Almunia questioned whether Hutchison could offer sufficient concessions to ease his concerns about the proposed takeover, raising the spectre of a veto.
LONDON, Oct 2- Britain's mobile operators will be urged to put aside hostilities in order to accelerate the roll-out of superfast broadband at a meeting with the regulator and the government later on Tuesday. O2, owned by Telefonica, and Vodafone, both protested against Ofcom giving EE what they said was an unfair head start in 4 G.
By Arno Schuetze and Harro Ten Wolde. FRANKFURT, Oct 2- A first call for bids for the German cell phone towers of Dutch telecoms group KPN has drawn offers from strategic and financial investors, three people familiar with the process said. as well as French television network operator TDF Group and Antin Infrastructure Partners are still in the race.
NEW DELHI, Oct 1- India could amend controversial rules on tax avoidance within 20 days, the finance minister said on Monday, potentially ending months of uncertainty after the prime minister ordered a panel to clarify the tax proposals that had hurt investor confidence. In a move seen as targeting Vodafone, India passed a law in May to seek taxes from such deals.
NEW DELHI, Oct 1- India will set final rules on tax anti-avoidance within 20 days after considering recommendations made by a government panel, Finance Minister P. Chidambaram said on Monday.
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The telecommunications industry has attracted investors seeking shelter from historically low yields from fixed income investments as well as the uncertainties stemming from Europe's continuing crisis and the volatility its created in U.S. markets, TheStreet.com reports.
What will have the most important impact this year is the action taken by Ben Bernanke and the Federal Reserve.
The 'Booster Brolly', co-developed by Vodafone and University College London, has been designed to keep you dry while also boosting your mobile phone signal thanks to a micro antenna in the canopy.
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Rising tension between Delhi and leading industrialists is hampering investment – and hopes of an early return to rapid growth, the FT reports.
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