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Trading restriction halts Portugal Telecom slide

2014-10-23 18:49:01| IT Services - Topix.net

A ban on the short-selling of Portugal Telecom shares helped the stock rebound following a plunge that analysts say leaves it vulnerable to a takeover bid. The shares spiked 11 percent at 1.09 euro Thursday in Lisbon, ending days of losses, which saw the company's market value slump to below 900 million euros .

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Trading restriction halts Portugal Telecom slide

2014-10-23 18:39:59| Telecom - Topix.net

Tags: portugal trading slide telecom

UPC halts rollout of Horizon box firmware

2014-10-02 09:10:00| Telecompaper Headlines

(Telecompaper) UPC has temporarily put onhold the rollout of its Horizon media box firmware, saying users were experiencing problems with it after installation, TotaalTV reported. The rollout of the firmware elicited immediate negative reactions in North Brabant and Limburg. Users said they had problem with recording TV programmes. When the number of complaints started to add up, UPC stopped the rollout. Horizon boxes with the new firmware were restored to the older 3.0 firmware version. UPC said it is working hard to identify the problems and that it is not sure yet when deployment will resume.

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