NEW YORK-Global investment bank Lehman Brothers said it appointed Sir Christopher Gent as a non-executive director to its board of directors. His appointment will begin Sept. 1.Gent will step down as the chief executive of the world's largest mobile-phone operator Vodafone Group plc later...
LONDON-JP Morgan reduced its rating on Vodafone Group plc from "overweight" to "underweight" noting the company's stock is overvalued among its peer group and it expects Vodafone to begin reporting reduced margins and lower market share."We believe growing competition and upcoming termination rate cuts...
LONDON-Vodafone Group plc will cut 480 jobs in the United Kingdom, according to international press reports.The cuts will be made at Cellular Operations, a provider of customer service and billing services. Vodafone bought the company earlier this year.About 50 specialized staff will be kept...
Streaming video company RealNetworks Inc. today announced a major deal with European powerhouse Vodafone Group plc, a move that many in the industry say puts RealNetworks at the head of the wireless video movement."This is the largest commitment by a carrier in the world"...
LONDON-Vodafone Group plc will cut 480 jobs in the United Kingdom, according to international press reports.The cuts will be made at Cellular Operations, a provider of customer service and billing services. Vodafone bought the company earlier this year.About 50 specialized staff will be kept...
LONDON-Vodafone Group plc announced several management changes yesterday in a move that seems to focus on third-generation marketing as the operator readies launches in several countries.Thomas Geitner, currently chief executive officer of global products and services and responsible for the company's successful Vodafone Live...
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...
AMSTERDAM, The Netherlands-Location-based services have struggled to find their feet in Europe. Mobile data has taken a long time to deliver on the technology, applications and price points to meet customer expectations. The reality is that mobile data has a long way to go....
REDMOND, Wash.-As previously announced by Cesky Telecom, AT&T Wireless Services Inc. said it has signed an agreement to jointly sell with Verizon Communications Inc. a 49-percent interest in Czech Republic wireless operator Eurotel Praha to Cesky Telecom for $1.05 billion. Proceeds from the sale...
SAN FRANCISCO-It's a numbers game.Three million developers. Three million downloads of the J2ME software development kit last year. Five hundred fifty million desktops running Java. Fifty-three wireless carriers deploying Java services to 100 million subscribers. One hundred million Java-enabled handsets in the world. Three...
Verizon Communications Inc. and Vodafone Americas BV, a wholly owned subsidiary of Vodafone Group plc, plan to sell their 74-percent stake in Mexico's third-largest wireless operator, Grupo Iusacell S.A. de C.V., to Mexican telecommunications service provider Movil Access S.A. de C.V., which said it...
MEXICO CITY-Verizon Communications Inc. and Vodafone Americas BV, a wholly-owned subsidiary of Vodafone Group plc, plan to sell their approximately 74 percent stake in Mexico's third largest wireless operator Grupo Iusacell S.A. de C.V. to Mexican telecommunications service provider Movil Access S.A. de C.V.,...
WASHINGTON-Motorola Inc. is getting a slice of the $34 million contract held by WorldCom Inc. to provide mobile phone service to U.S. civilian and military officials in Baghdad, even as pressure builds to have the Bush administration dismiss the embattled long-distance giant as a...
BOSTON-Vodafone U.K.'s Vodafone Speaking Phone, which features an application based on technology from SpeechWorks International Inc. and Brand & Grober Communications GbR, allows visually impaired customers to access mobile communications services on Nokia Communicator handsets.The application combines SpeechWorks' ETI-eloquence text-to-speech software and Brand &...
The GSM Association reported that Kuwait-based wireless operator MTC-Vodafone deployed a GSM-based network in southern Iraq designed to support the reconstruction efforts and non-governmental organizations delivering humanitarian aid. The network reportedly is currently providing coverage along supply routes in the southern Iraqi city of...
STOCKHOLM, Sweden-Telia announced a new mobile data service in Sweden called Telia Go, which offers user-friendly menus and preset mobile phones, including the Nokia 3650 and the Sony Ericsson P800 smart phone. Both phones feature built-in cameras, and settings are included, making it easy...
Japan's second-largest wireless operator KDDI Corp. led its bigger and smaller rivals in customer additions last month as the carrier said it added 162,000 net customers in May, ending the month with 18.23 million total customers.KDDI's customer growth included 523,700 net customer additions to...
STOCKHOLM, Sweden-Telia announced a new mobile data service in Sweden called Telia Go, which offers user-friendly menus and preset mobile phones, including the Nokia 3650 and the Sony Ericsson P800 smart phone. Both phones feature built-in cameras and settings are included, making it easy...
LONDON-Vodafone Group plc reported growing revenues and earnings in its full-year results. Sales were up 14 percent to $55.7 billion, and free cash flow more than doubled to $8.5 billion for the year ended March 31.The news follows last month's announcement by Vodafone competitor...
LONDON-European operator MmO2 countered rival Vodafone Group plc's Live multimedia service with its own data service called O2 Active. The navigation service, available for prepaid and postpaid users, will launch in June.MmO2 said the service includes a branded, color icon menu that guides customers...
LONDON-Vodafone Group plc reported growing revenues and earnings in its full-year results. Sales were up 14 percent to $55.7 billion, and free cash flow more than doubled to $8.5 billion for the year ended March 31.The news follows last week's announcement by Vodafone competitor...
Top execs from Verizon Wireless, AT&T Wireless Services Inc. and Nextel Communications Inc. made appearances at this week's Lehman Brothers conference in New York to discuss their current and future business plans and financial performances. Verizon Wireless' Chief Executive Officer Denny Strigl attributed the...
European carrier Orange SA said it will expand its relationship with Microsoft Corp. to offer text-messaging-based access to Microsoft's instant messaging and e-mail programs to all of Orange's 35 million customers.Under the deal, Orange customers will be able to conduct real-time MSN Messenger instant-messaging...
MURRAY HILL, N.J.-Lucent Technologies Inc. introduced enhancements to its MiLife SurePay Solutions Suite, a group of prepaid solutions for wireline and wireless operators.Version 8 includes flexible account spending, support for data services, including short message service, and support for transactions like online purchasing and...
