How on earth did the National Security Agency get data from Yahoo and Google without them knowing about it? The New York Times reports.» Read More
*Kabel Deutschland slips on cautious outlook. LONDON, Oct 10- European shares rebounded on Thursday on signs of progress in Washington on ending the U.S. fiscal stalemate and averting a possible debt default. House Republican leaders will visit the White House on Thursday as the search a way through the impasse intensifies.
NEW YORK/ BRUSSELS, Oct 9- AT&T Inc has been exploring a possible bid for a European carrier such as Vodafone Group Plc, but faces resistance from some investors concerned about the continent's cut-throat competition and complex regulations.
BRUSSELS, Oct 8- AT&T Inc Chief Executive Randall Stephenson on Tuesday said that he sees a "huge opportunity for somebody" in Europe to invest in mobile broadband and reap the big profits already being generated from such services in the United States.
Alcatel mainly builds and develops telecommunications networks and related equipment for network operators- such as Verizon or AT&T- and other enterprise customers.
LONDON/ NEW DELHI, Oct 8- Vodafone intends to increase its stake in its Indian subsidiary after the country cleared foreign companies to take full ownership of local carriers, a source familiar with the group's plans said on Monday. Vodafone declined to comment when asked if it will increase its stake in Vodafone India.
Alcatel-Lucent plans to reduce its staff by 10,000 as part of a cost-cutting drive to save 1 billion euros ($1.4 billion) by 2015.
European companies and their investors have been pinning hopes on growth in the U.S. and Asia to offset weak growth at home — but strategists have told CNBC that stock-pickers should be very careful to avoid big third-quarter disappointments.
Big moves in the telecoms sector this week highlight the waning attraction of the heavily saturated U.S. and Europe markets and are also a clear sign that the industry could soon be dominated by just a few big players.
Some of the names on the move ahead of the open.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
*Telefonica, Vodafone, Orange follow in Spain. This mood spells trouble for operators in France, Britain, Italy and even in stronger economies such as Germany, which have spent billions to build 4 G networks in the hope that the new technology will help reverse years of falling prices.
DUBAI, Sept 30- Britain's Vodafone and three Gulf telecoms companies have formed a consortium to launch a 1,400 km fibre network to meet rising demand for broadband services in the region.
More than $1 billion has been wiped off earnings estimates for five Wall Street banks on fears of a decline in trading revenues. The FT reports.
NEW YORK, Sept 26- Dealmaking around the world was basically flat over the first nine months of the year, a disappointing level given the $130 billion Verizon Communications Inc transaction that bolstered mergers and acquisition volumes in the third quarter.
MILAN, Sept 24- Spanish telecoms group Telefonica has struck a deal to gradually secure control of Telecom Italia and its lucrative South American business without having to launch a full takeover bid.
MILAN, Sept 24- Spanish telecoms group Telefonica has struck a deal to gradually secure control of Telecom Italia and its lucrative south American business without having to launch a full takeover bid.
NEW YORK, Sept 24- AT&T Inc Chief Executive Randall Stephenson said on Tuesday his company would buy wireless assets in Europe if there were available at the right price.
NEW YORK, Sept 24- AT&T Inc Chief Executive Randall Stephenson said on Tuesday that his company would buy wireless assets in Europe if there were value opportunities. But he said that he sees mobile broadband investment taking off in Europe over time if regulators' spectrum policies changed.
Vodafone won EU approval on Friday for its 7.7 billion euro ($10.43 billion) acquisition of Germany's largest cable company, Kabel Deutschland.
European shares pared gains but closed higher on Thursday, a day after the Federal Reserve surprised markets by opting to maintain its $85 billion-per-month asset purchases.