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HTC surpassing Nokia in market value

Financial Post | April 8, 2011 | Jameson Berkow HTC Corp., the Taiwanese smartphone maker branded as being quietly brilliant, quietly surpassed the market capitalization of Finnish phone giant Nokia Corp. this week. Valued at approximately US$33.8-billion as of market close on Wednesday, that figureexceeded the US$33.4-billion capitalization...

Pacific Fibre announces release of invitation to tender

Pacific Fibre | April 6, 2011 | Lance Wiggs, Press Release Pacific Fibre announced today that its Invitation To Tender was released to selected vendors for the Pacific Fibre Cable System connecting Australia to New Zealand and the US. The 5.12 Tbit/sec two fibre pair...

Televisa to take full ownership of Cablemas

TeleGeography | April 4, 2011 Mexican media giant Grupo Televisa has revealed that it will buy the remaining shares it does not hold in local triple-play provider Cablemas for approximately MXN4.7 billion (USD397 million), according to the Wall Street Journal. Televisa has said that it...

Vodafone plans IPO for its Indian entity

CNBC Money Control | April 1, 2011 With Essar out of the way, Vodafone Plc is looking to list its Indian entity in the near future. The timing and the equity stake to be listed will be decided once the British company buys out Essar's stake...

NII Holdings (NASDAQ: NIHD) Hopes Senior Notes Will Help With Expansion

Daily News Pulse | April 1, 2011 | Adriana Barnes The company needs huge cash in order to support their massive expansion plans as well as to roll out its 3G wireless network. Moreover, the company has projected that capital expenditure for 2011 will be...

Up to 12,500 Telefónica employees will pay and access work places with their mobile phones

Telefonica | March 31, 2011 | Press Release • Telefónica to launch the first NFC “real” experience in Europe • The project is being carried out with the assistance of Autogrill, Bankinter, BBVA, G&D, La Caixa, Oberthur, Samsung, Sermepa and Visa • The number of...

Spain's Telefonica cancels Brazilian depositary receipts program

Capital.gr | March 31, 2011 | Diana Kinch RIO DE JANEIRO -(Dow Jones)- Spanish telecoms company Telefonica SA (TEF, TEF.MC) said it has canceled its Brazilian Depositary Receipts, or BDRs, program. Telefonica has also canceled its registration with Brazil's securities commission CVM as a share-issuing foreign company...

Portugal Telecom Acquires Bigger-Than-Planned 25.3% Stake in Brazil's Oi

Bloomberg | March 29, 2011 | Crayton Harrison and Anabela Reis Portugal Telecom SGPS SA (PTC) bought 25.3 percent of Brazilian carrier Telemar Norte Leste SA (TMAR5) for 8.32 billion reais ($5 billion), getting a bigger stake than Portugal’s largest phone company had originally planned to buy. The stake...

International growth, domestic strength fuels American Tower's financials

February 23 2011 - 1:22 pm ET | Tracy Ford | RCR Wireless News American Tower Corp. (AMT) posted strong fourth-quarter and full-year financial results, noting double-digital growth in both Q4 and full-year revenue and income. Going forward the company expects to earn between...

Brazilian Mobile Operators Annual Revenues Reach 10 Billion Brazilian Real from Value Added Services

Acision | March 30, 2011 | Press Release Reading, United Kingdom, 03/30/2011 - Acision announced the launch of its seventh edition of MAVAM – The Acision Mobile VAS Monitor – which reveals a significant increase in Brazilian wireless operator revenues driven by messaging and other mobile...

UPDATE 2-Thai True to raise $430 mln to fund 3G network, pay debt

Reuters | March 28, 2011 | Wirat Buranakanokthanasan * To offer 6.73 bln shares at ratio of 0.865 for 1 existing share * Price at 68 pct discount, dilution effect of 30 pct * Shares slip as much as 9 pct to a four-month low (Adds details, comments from...

China Unicom (Hong Kong) Limited Announces 2010 Annual Results

China Unicom | March 29, 2011 | Press Release Hong Kong, 29 March 2011 – China Unicom (Hong Kong) Limited ("China Unicom" or "the Company") (HKSE: 0762; NYSE: CHU) announced its 2010 annual results today. In 2010, the Company focused on the implementation of "3G Leadership...

PLDT to invest in Digitel

JG Summit to exchange stake in Digitel for new PLDT shares at an issue price of P2,500 per share • Transaction to have an equity value of P74.1 billion • Consumers to benefit from wider and complementary array of products and improved quality of service • Paired...

Visa and AmEx both preparing PayPal competitors

Ahh PayPal, both a handy way to shift money around and a perpetual thorn in the side. Anyone who has used the service at any great length will no doubt have a story about the, shall we say, "quirks" that exist within the ubiquitous payment system.

YellowPepper certified by Western Union as a mobile money transfer vendor

YellowPepper | March 21, 2011 | Press Release YellowPepper, the leading mobile financial services company in Latin America, announced today that it has completed the certification and integration ...

Viom Networks trims IPO size

Wall Street Journal | March 18, 2011 | Kenan Machado and Bijou George MUMBAI--India's Viom Networks Ltd. has scaled down the size of its initial public offering to 45 billion rupees, a person familiar with the matter said Thursday. The telecom tower company wants to launch...

RComm cuts tower arm value by Rs 10000cr: Sources

Money Control | March 21, 2011 Tough times call for tough measures. With the turmoil in the telecom sector taking a toll, sources told CNBC-TV18's Kritika Saxena that Reliance Communications has cut the valuations of its tower arm Reliance Infratel down by almost Rs 10,000 crore...

Telecom Argentina (TEO) Upgraded by Standpoint Research to “Accumulate”

American Banking News | March 16, 2011 Equities research analysts at Standpoint Research upgraded shares of Telecom Argentina (NYSE: TEO) from a “hold” rating to an “accumulate” rating in a research note to investors on Tuesday. The analysts currently have a $27.00 price target on...

Nokia Siemens to run Vodacom Tanzania network

Economic Times | March 16, 2011 HELSINKI: Nokia Siemens Networks has won a 5-year order to manage telecom network of Vodacom Tanzania, the two companies said on Wednesday. Financial details of the deal were not disclosed, but the companies said they aimed reduce operating costs, improve...

Ame?rica Mo?vil announces a proposal for a forward stock split

America Movil | March 15, 2011 | Press Release Mexico City, Mexico, March 15, 2011 -- Ame?rica Mo?vil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL) announced that in today’s meeting, its Board of Directors decided to submit to the Ordinary and Extraordinary General...

América Móvil announces a proposal for a forward stock split

America Movil | March 15, 2011 | Press Release Mexico City, Mexico, March 15, 2011 -- América Móvil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL) announced that in today’s meeting, its Board of Directors decided to submit to the Ordinary and Extraordinary General...

Jose Antonio Martinez appointed to managing director of BT Radianz & Payments

Fundamentals | March 14, 2011 | Stephanie Baxter Martinez is now responsible for the Radianz platform and BT’s secure messaging services First joined BT in 1999; worked with transport companies and utilities Martinez was BT’s sales and strategy director for Spain and Latin America Previously head of operations...

Rough First Day of Business After Japan Quake

Associated Press | March 14, 2011 Japan's stocks plunged Monday on the first full day of business after the massive earthquake and tsunami. The Nikkei dropped more than 6 percent and Japan's Central Bank injected nearly $200 billion into money markets. (March...

Telecom Italia: Telecom Argentina stake increased

Telecom Italia | March 10, 2011 | Press Release Telecom Italia announces that it has finalised the acquisition, through its subsidiary Telecom Italia International N.V.,of a 10% stake of Sofora Telecomunicaciones S.A.’s capital – the holding company which controls Telecom Argentina -  from the Argentine...