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Mexican Tycoon Carlos Slim Welcomes Telecom Challenge From Britain's Richard Branson

2013-09-28 19:57:24| Telecom - Topix.net

Britain's headline-grabbing billionaire Richard Branson, founder of Virgin Group, plans to take on Carlos Slim , the world's second richest person, on Slim's home turf: Mexico.

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Telecom Italia chairman could resign report

2013-09-28 16:03:00| Telecompaper Headlines

(Telecompaper) Telecom Italia Chairman Franco Bernabe is considering resigning at a board meeting scheduled for 03 October, a source close to the situation said. The source told Reuters, "We are heading towards a resignation." Bernabe has spoken out against possible plans by Telefonica to sell some of the company's most valued assets once it gains control of its Italian rival. A second person familiar with the situation said COO Marco Patuano could take up Bernabe's powers to ensure management continuity and that its core shareholders would name a new chairman with a broadly representative role. Poste Italiane CEO Massimo Sarmi is the candidate favored by the Telco shareholders as Bernabe's replacement, people familiar with the matter told Bloomberg. Bernabe is expected to present a strategic plan to the board on 03 October that may include a capital increase of up to EUR 5 billion to cut debt and fund investments. However the board is thought to be divided, as its core investors are reluctant to inject fresh cash into the company. In a parliamentary hearing earlier, Bernabe said Telecom Italia needed to raise fresh capital to avoid a credit rating downgrade to 'junk' status and that the best way would be through a capital increase.

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Telecom Italia chief Bernabe considering resigning: source

2013-09-28 03:15:43| Telecom - Topix.net

Behind the scenes at Google as the company marks the 15th anniversary of the collaboration of Larry Page and Sergey Brin in a Menlo Park garage in September 1998.

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Telecom charges for wi-fi hotspots

2013-09-27 18:56:35| Telecom - Topix.net

Telecom says 800,000 of its customers will qualify to access free wi-fi from 700 of its public phone booths from October 7, but other mobile users will have to pay a flat fee of $9.95 a month.

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CITIC Telecom CPC's Network and Cloud Solutions Become the...

2013-09-27 11:17:20| Footwear - Topix.net

CITIC Telecom International CPC Limited , a wholly-owned subsidiary of CITIC Telecom International Holdings Limited , announced today that it has been awarded a major network deployment contract by Deckers Outdoor Corporation to support the company's expansion into Mainland China.

Tags: the network solutions telecom

 

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