PARIS-France Telecom and Alcatel Alsthom say they have signed a memorandum of understanding to jointly develop next-generation architecture for a converged fixed, Internet and mobile network.The MoU includes joint research and development teams, sharing of R&D funding, a limited period for exclusive relationship and...
PARIS-France Telecom plans to cut its workforce by almost 15,000 people this year in a broad reorganization under Chief Executive Thierry Breton, according to international press reports.The cuts will come mainly through early retirement and reassignment to other branches of the government civil service....
SAN DIEGO-France Telecom said it has granted Qualcomm Inc. a worldwide license to its Turbo Code patents for both CDMA2000 and W-CDMA chipsets.The Turbo Code, which enjoy the supports of both the Third Generation Partnership Project and 3GPP2, allows higher network capacity for CDMA...
MEXICO CITY-America Movil is continuing its buying spree by acquiring 51 percent of Salvadorian company CTE, which provides mobile and fixed services in El Salvador, for $417 million. America Movil is buying the stake from France Telecom, which is exiting the Salvadorian and Argentine...
America Movil is continuing its buying spree by acquiring 51 percent of Salvadorian company CTE, which provides mobile and fixed services in El Salvador, for $417 million. America Movil is buying the stake from France Telecom, which is exiting the Salvadorian and Argentine markets,...
PARIS-France Telecom said it will buy the remaining 13.7-percent stake in mobile subsidiary Orange that it does not already own for $7.7 billion. The move will allow France Telecom to gain access to all of the cash generated by Orange.France Telecom is offering 11...
PARIS-In addition to its first-half operating results released Monday, France Telecom said it will buy the remaining 13.7-percent stake in mobile subsidiary Orange that it does not already own for $7.7 billion. The move will allow France Telecom to gain access to all of...
PARIS-France Telecom R&D announced details on an experimental service that lets vacationers create multimedia travel albums by using their cell phones to transfer content instantly while on vacation. The service, called Memoire de Voyage, allows users to add their own content to a site,...
TEL AVIV, Israel-Wireless broadband solution provider Alvarion Ltd. said France Telecom will trial its broadband wireless DSL solution as part of an initiative to offer broadband Internet access to 95 percent of France's population by 2005. The carrier plans to offer demonstrations of broadband...
TEL AVIV, Israel-Wireless broadband solution provider Alvarion Ltd. announced France Telecom will trial its broadband wireless DSL solution as part of an initiative to offer broadband Internet access to 95 percent of France's population by 2005. The carrier plans to offer demonstrations of broadband...
LONDON-Orange plc said today it will join an alliance with three other European mobile operators in a move to better compete against European leader Vodafone Group plc. The announcement came at a strategy presentation by newly appointed Orange Chief Executive Solomon Trujillo.Orange said it...
PeopleSoft has enhanced its PeopleSoft Customer Relationship Management Solution for Communications with a new Customer Profitability Management solution. The enhanced solution offers PeopleSoft's telecommunications clients "360-degree views" of their own customer bases, which it believes is an exciting proposition for wireless carriers eager to...
MILAN, Italy-Ratings agency Standard & Poor's raised its long- and short-term corporate credit ratings on France Telecom S.A. to BBB from BBB- and A-2 from A-3. It also raised its long-term corporate credit rating on Orange S.A., France Telecom's mobile subsidiary, to BBB from...
PARIS-France Telecom subsidiary Wanadoo said it will start offering its eXtreme Wi-Fi wireless broadband service for consumer and small businesses beginning May 19. Wanadoo said the service will be compatible with Orange Hotspots and that it plans to introduce a prepaid offering later this...
DUESSELDORF, Germany-German operator E-Plus has purchased the UMTS infrastructure of embattled company MobilCom for about $23 million. The acquisition ends speculation about the future of MobilCom's third-generation network. MobilCom was forced to end its 3G buildout when shareholder France Telecom stopped funding the company...
PARIS-France Telecom raised a record nearly $16 billion Monday by launching a rescue rights issue to help resolve its nearly $70 billion debt pile. The deal is the largest fully underwritten rights issue.Several credit agencies said they are considering upgrading the French company's credit...
PARIS-France Telecom has announced a Wi-Fi initiative, saying it plans to implement the technology to complement its current businesses, including mobile GPRS/UMTS services. The company said Orange will develop a network of hot spots with landlords, Wanadoo will offer Wi-Fi home solutions, and Oleane,...
BRUSSELS, Belgium-The European Commission launched an investigation into a $9.7 billion loan to France Telecom by the French government last year. The commission said that because the state support is provided through a "complex financial transaction," it will examine in detail the way in...
NEW YORK-France Telecom dug itself out of a deep hole when it sold $5.8 billion in euro-denominated bonds after raising the deal size from $3.2 billion in response to investor demand.Morgan Stanley, BNP Parabas, Deutsche Bank, HSBC, and Schroder Salomon Smith Barney participated...
PARIS-France Telecom and MobilCom will terminate their agreements concerning UMTS development in Germany.France Telecom and MobilCom have agreed to follow the MobilCom rescue plan set forth by the German Federal government Sept. 15. The plan calls for both a financial rescue plan for MobilCom's...
PARIS-France Telecom said it reached an agreement with the banks holding a credit facility of $4.6 billion for MobilCom, the German operator in which France Telecom holds a 28.5-percent stake. The final agreement is subject to France Telecom completing a number of conditions before...
HELSINKI, Finland-Finnish supplier Tecnomen said it will begin multimedia messaging service trials in two countries, The Dominican Republic and Indonesia.The Dominican Republic trial will be with France Telecom Dominicana. The Orange operator has deployed Tecnomen's integrated push feature."The trials will give France Telecom Dominicana...
OXFORD, United Kingdom—Having conducted a public "discussion" about its relative financial obligations, France Telecom has now admitted to conducting secret negotiations with Mobilcom's four main lenders about solving some of the German cell-phone operator's debt. France T
