SINGAPORE-Over the last few months, British Telecommunications plc has been on a buying spree that would put any seasoned shopaholic to shame-chalking up a bill of more than US$1 billion in the Asia-Pacific region alone.Having kept a relatively low profile in Asia for the...
Telecom companies from around the world are dashing to the Asia Pacific region as they begin to find willing sellers that need cash to expand their telecommunications services."It's definitely a buyer's market right now because of the economic conditions in the market," said Edward...
EDI Telecom Ltd. and Tadiran Telecommunications Ltd. announced they signed an agreement under which the two will merge in a stock-for-stock transaction.Mobile Systems International, United Kingdom, and U.S.-based Metapath Software Corp. announced the two companies are merging. Both companies provide software-based applications and services...
British Telecommunications plc announced plans to acquire a 23.49 percent stake in South Korean mobile operator LG Telecom.The company said it will spend about $392.1 million for the stake. BT said the acquisition is in line with its commitment to the Asia Pacific region....
ORLANDO, Fla.-The North American GSM Alliance L.L.C. and the Universal Wireless Communications Consortium last week said they will join forces to collaborate on next-generation technology and to provide a unified lobbying force on Capitol Hill."We've agreed on a set of principles," said UWCC Chairman...
The battle among South Korea's five mobile phone carriers has become so intense that the Ministry of Information and Communication has prodded the carriers to voluntarily address problems brought on by the unrestrained competition.The fervent competition began last October when three personal communications services...
Bell Canada International Inc. said it will acquire 29 percent of South Korean personal communications services operator Hansol PCS Co. Ltd. for $180 million.Hansol is one of three PCS operators in South Korea that launched service in October. The consortium is led by the...
South Koreans were eager to sign up for mobile phone service during the last few months of 1997, but some analysts speculate carriers will hit difficult times in 1998 as consumers tighten their belts in the wake of the country's economic problems.SK Telecom Co....
SEOUL-In a city where a mobile phone is as common as kimchi and coffee shops must provide a landline phone at every table in order to draw in customers, Seoul, one of the largest cities in the world, seems to be a wireless carrier's...
