Telecom Integrated Telecom Services

  • BUENOS AIRES, Aug 17- Shares of Grupo Clarin, Argentina's biggest media conglomerate, rose on Wednesday after saying it plans to spin off its Cablevision subsidiary as the group prepares for growth and greater competition in the local cable TV sector. The creation of Cablevision Holding SA, announced late on Tuesday, is subject to approval by Clarin...

  • BUENOS AIRES, Aug 17- Shares of Grupo Clarin, Argentina's biggest media conglomerate, rose on Wednesday after saying it plans to spin off its Cablevision subsidiary as the group prepares for growth and greater competition in the local cable TV sector. The creation of Cablevision Holding SA, announced late on Tuesday, is subject to approval by Clarin...

  • TORONTO, Aug 12- Canadian telecom companies are rushing to secure cheap money to fund acquisitions and big infrastructure projects as their reliance on customer appetite for internet services grows. Take Canada's BCE Inc, better known to its millions of internet and telephone customers as Bell, which this week raised C $1.5 billion in debt, in part to pay down...

  • JERUSALEM, Aug 4- Israel's largest telecoms group, Bezeq Israel Telecom, reported a smaller-than-expected drop in second-quarter profit as it faces up to tougher competition, and said revenue from its Internet service led the way for the first time. Its cellular phone unit, Pelephone, which has been struggling to match the cut-throat rates of smaller operators,...

  • NEW DELHI, July 27- India's largest telecom network operator, Bharti Airtel Ltd, reported a 30.8 percent fall in first-quarter net profit on Wednesday, blaming an adverse foreign exchange impact in Nigeria, although it beat analysts' estimates. Consolidated net profit fell to 14.62 billion rupees in the quarter ended June 30, from 21.13 billion rupees last year,...

  • TORONTO, July 21- Rogers Communications Inc, Canada's biggest wireless provider by subscribers, posted better-than-expected quarterly profit as it added more postpaid wireless and internet subscribers, sending its shares up 4 percent on Thursday. The Toronto- based cable, telecom and media company said it added 65,000 postpaid wireless subscribers in the...

  • MEXICO CITY, July 19- Mexico's telecoms regulator said on Tuesday it had set price rules for 2015-2018 for fixed-line telephone firms Telmex and Telnor, part of tycoon Carlos Slim's America Movil, in line with a 2013 law seeking to place new restrictions on the telecom giant. The IFT has beefed up scrutiny of America Movil since it declared the company dominant in...

  • *FCC vote promises big effect on U.S. consumers, businesses. New 5 G networks are expected to provide speeds at least 10 times and maybe 100 times faster than today's 4 G networks, the FCC said. "This is a big day for our nation," FCC Chairman Tom Wheeler said.

  • The FCC approved opening nearly 11 gigahertz of high-frequency spectrum for mobile, flexible and fixed-use wireless broadband. The FCC said the new rules "will provide vital clarity for business investment in this area." Verizon Communications Inc and AT&T Inc have said they will begin deploying 5 G trials in 2017, and the first commercial deployments at...

  • SAO PAULO, June 23- Brazil's biggest bankruptcy filing ever is sending shockwaves far beyond the recession-hit country's borders as operator Oi SA seeks creditor protection from global telecoms suppliers and export banks around the world. The biggest Brazilian fixed-line carrier also owes about $1 billion to foreign development banks in China, Finland,...

  • SYDNEY, June 23- Australia's largest telecoms group Telstra Corp Ltd has taken a bet on the resource industry's appetite for cash-saving technology from drones to wireless production-tracking, snapping up a specialist firm to set up a dedicated mining services unit. It has also hired the former chief automation researcher at mining giant Rio Tinto Ltd, Eric...

  • *FCC's net neutrality rules put in place last year. *FCC head hails a "victory for consumers and innovators". In siding with the FCC, the court treated the internet like a public utility and opened the door to further government internet regulations.

  • In siding with the FCC, the court treated the internet like a public utility and opened the door to further government internet regulations. Opponents of the regulations said the FCC exceeded its authority and condemned the ruling as an endorsement of investment-chilling public-utility regulation. But Senator John Thune, a South Dakota Republican who...

  • NEW YORK, June 8- The seven-week strike by Verizon Communications Inc's wireline workers will hurt the company's second-quarter earnings and potentially cost up to 7 cents per share, its chief financial officer said. The company "will see about a 5 cent to 7 cent impact to the bottom line for the quarter," CFO Fran Shammo said at the Bank of America Merrill Lynch...

  • May 30- An agreement between Verizon Communications Inc and unions potentially ending a nearly seven-week strike includes 1,400 new jobs and pay raises topping 10 percent, the company and unions representing about 40,000 workers said on Monday. Verizon, the No. 1 U.S. wireless provider, and the Communications Workers of America had reached a tentative deal on...

  • May 30- Verizon Communications Inc said on Monday it will add 1,400 new jobs and provide 10.5 percent in pay raises under terms of a new four-year tentative deal with unions representing about 40,000 workers. The telecommunications company and the Communications Workers of America had reached a tentative deal on May 27. Verizon will add 1,300 new call center...

  • JERUSALEM, May 26- Israel's largest telecoms group, Bezeq Israel Telecom, reported a bigger-than-expected 38 percent drop in quarterly profit, blaming expenses related to taking full control of its satellite TV unit YES. The company maintained its 2016 net profit forecast of 1.4 billion shekels and earnings before interest, taxes, depreciation and...

  • A "Brexit" may prove beneficial for U.K. telecommunication companies, but could create headaches for consumers, according to industry watchers.

  • SEOUL/ JAKARTA, April 22- Months after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported this week.

  • Environment for mergers has changed: OVUM's Howett

    Matthew Howett, practice leader for regulation at OVUM, comments on the collapsed merger talks between French telecom giants Bouygues and Orange.