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European parliament adopts 'net neutrality' law

Source: Business Balla | Apr 3 2014, 7:08am CDT | by Associated Press

AMSTERDAM (AP) — The European Parliament adopted a "net neutrality" bill on Thursday, barring Internet service...
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Telecom Italia and Telefonica Compete for Vivendi's Brazilian Broadband Unit GVT

Aug 28 2014 4:24am CDT | Source: IBTimes UK

Telefonica increased its offer for GVT to €7.5bn, after Telecom Italia offered €7bn in c ...
Full article at: IBTimes UK
 

 

Telefonica And Telecom Italia Fight Over Vivendi's GVT Brazil Unit

Aug 28 2014 2:25am CDT | Source: Forbes Real Time

Telecom Italia has launched a counter-offer for the Brazilian unit GVT of Vivendi, trumping a bid by Spain's Telefonica and offering the French a large stake in the Italian group in what can become a fierce take over battle that can still attract other ...
Full article at: Forbes Real Time
 

 

Latest stories

$1bn needed to fight Ebola virus: UN
United Nations, Sep 16 (IANS) Over one billion dollars are needed to fight the West Africa Ebola outbreak - a tenfold increase in the past month, the UN's Ebola coordinator has said. | by IANS
 
Five children die of spoiled vaccines in Syria
Damascus, Sep 16 (IANS) At least five children died after taking contaminated measles vaccines in rebel-held areas in the country's northern province of Idlib, the opposition Syrian Observatory for Human Rights said Tuesday. | by IANS
 
'XI visit will set tone of Modi's US trip'
Washington, Sep 16 (IANS) Chinese President Xi Jinping's India visit will set the tone of Indian Prime Minister Narendra Modi's upcoming trip to the US, according to Jagat Shah, secretary general of the China-India Trade and Investment Centre. | by IANS
 
 

Telefonica Raises Its Bid For Brazilian Internet Provider Minutes After Telecom Italia Offers $9.25 Billion

Aug 28 2014 1:29am CDT | Source: Business Insider

MILAN (Reuters) - Telecom Italia said on Thursday it had offered to buy Vivendi's Brazilian unit GVT in a cash-and-share offer that values the broadband company 7 billion euros ($9.25 billion). The offer, which also envisages a merger between GVT and Telecom Italia's own Brazilian unit Tim Participacoes, outbid a 6.7 billion euros offer unveiled by Spanish telecom group Telefonica on Aug. 5. However, within minutes of Telecom Italia’ ...
Full article at: Business Insider
 

 

American Tower: Expansion Plans And Efforts At Improving Risk Profile Earn Bullish Thesis

Aug 14 2014 1:17pm CDT | Source: SeekingAlpha

By Equity Watch:I reiterate my bullish stance on American Tower Corporation (NYSE:AMT). The company recently reported strong results for 2Q14, primarily benefiting from the aggressive deployment of 4G services by U.S. carriers and by the sizeable investments of international carriers in network deployment. Moreover, AMT's strong revenue growth, coupled with efficiently lowered SG&A expenses, is driving its EBITDA margin growth. Furthermore, the company has b ...
Full article at: SeekingAlpha
 

 

Update: NII Holdings May File For Chapter 11 Bankruptcy

Aug 12 2014 11:45am CDT | Source: SeekingAlpha

By Andy Batts:NII Holdings (NASDAQ:NIHD) yesterday reported its consolidated financial results for the second quarter of 2014. The company said that it had a net loss of 77,000 subscribers in the quarter, bringing its quarter-end subscriber base to 9.4 million, a 6% decrease from the year ago period. Revenue slumped 23% in the quarter. Steve Shindler, NII Holdings' CEO, said, "Despite the actions we'v ...
Full article at: SeekingAlpha
 

 

A Bright Future In Africa Makes Vivendi A Long-Term Buy

Aug 8 2014 2:50am CDT | Source: SeekingAlpha

By Lee Boy:Vivendi (OTCPK:OTCPK:VIVHY, OTCPK:OTCPK:VIVEF) is now a global Media company that operates on three main segments: Canal + (Premium pay TV in France and overseas), $5.3b revenue in 2013 (+5.9%) Universal Music Group, €4.9b revenue in 2013 (+7.5%) GVT (Telecom and Pay TV in Brazil), €1.7b revenue in 2013 (-0.4%) In 2013, the Group managed to refocus its strategy on Medias as Vivendi so ...
Full article at: SeekingAlpha
 

 

Update: TIM Participações Q2 '14 Earnings Show Potential For Development

Aug 1 2014 12:33pm CDT | Source: SeekingAlpha

ByAntonio Carradinha:TIM Participações S.A. (NYSE:TSU) is the Brazilian subsidiary of Telecom Italia (NYSE:TI), and has a strong market position in the business of Brazil's mobile telecommunications. Telefonica (NYSE:TEF) is now the largest shareholder of TI and is in control of the company together with other major shareholders. This is a problem because Telefonica is not allowed to own its Vivo unit, and also a relevant position in TIM. Whatever the sol ...
Full article at: SeekingAlpha
 

 

World's first Firefox smartphone launched

Source: Business Balla | Jul 2 2013, 12:42am CDT | by Luigi Lugmayr

Madrid, July 2 (IANS/EFE) Spain's Telefonica is offering the world's first smartphone with the Firefox operating system to compete with devices running Google Android and Apple IOS.
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Latest from the Network

$1bn needed to fight Ebola virus: UN
United Nations, Sep 16 (IANS) Over one billion dollars are needed to fight the West Africa Ebola outbreak - a tenfold increase in the past month, the UN's Ebola coordinator has said. David Nabarro made the...
Read more on Business Balla
 
Modi's speech to be beamed live at iconic Times Square
New York, Sep 16 (IANS) Prime Minister Narendra Modi's address to the Indian community at a grand public reception at Madison Square Garden Sep 28 will be beamed live on giant screens at New York's iconic Times Square...
Read more on Politics Balla
 
Five children die of spoiled vaccines in Syria
Damascus, Sep 16 (IANS) At least five children died after taking contaminated measles vaccines in rebel-held areas in the country's northern province of Idlib, the opposition Syrian Observatory for Human Rights said...
Read more on Politics Balla
 
Nepal all-party conference on constitution drafting cancelled
Kathmandu, Sep 16 (IANS) A scheduled all-party conference which was expected to provide an impetus to the fragile constitution drafting process of Nepal has been cancelled due to dispute among parties about its agenda...
Read more on Politics Balla
 
'XI visit will set tone of Modi's US trip'
Washington, Sep 16 (IANS) Chinese President Xi Jinping's India visit will set the tone of Indian Prime Minister Narendra Modi's upcoming trip to the US, according to Jagat Shah, secretary general of the China-India...
Read more on Politics Balla
 
Bangladesh court to give verdict on Islamist leader's death rap appeal
Dhaka, Sep 16 (IANS) Bangladesh's apex court will Wednesday deliver the final judgment on an appeal against the verdict of the International Crimes Tribunal (ICT)-1 sentencing an Islamist party leader to death for war...
Read more on Politics Balla
 
Iraq parliament fails to endorse key ministerial nominees
Baghdad, Sep 16 (IANS) Iraqi lawmakers Tuesday failed to approve new Prime Minister Haider al-Abadi's nominees for defence, interior and tourism ministers, media reported. Jaber al-Jaberi, a Sunni nominee for defence...
Read more on Politics Balla
 
Google wants to teach programming to millions of American girls
San Francisco, Sep 16 (IANS/EFE) Internet giant Google is seeking to teach computer programming to millions of girls in the US under its Made With Code initiative, which has an eye on developing women programmers in...
Read more on Politics Balla
 
Over 260,000 internally displaced in Ukraine: UN agency
Geneva, Sep 16 (IANS) Over 260,000 people in Ukraine are internally displaced, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said Tuesday. According to its latest report, OCHA said an estimated 5.1...
Read more on Politics Balla
 
Riyadh calls for 10-year fight to wipe out terror
Riyadh, Sep 16 (IANS) Saudi Arabia wants that the war on the so-called Islamic State (IS) and other terrorist organisations should continue for 10 years, Foreign Minister Prince Saud Al-Faisal has said. Addressing...
Read more on Politics Balla