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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 cash and stock. ...
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 interested parties ...
Full article at: Forbes Real Time
 

 

Latest stories

Nigeria to get Japanese drug for Ebola treatment
Abuja, Sep 2 (IANS) Nigeria will soon get a Japanese drug to treat Ebola, the country's Health Minister Onyebuchi Chukwu said Monday. | by IANS
 
Japan to aid connectivity upgrade in northeast India
Tokyo, Sep 1 (IANS) India and Japan Monday decided to strengthen cooperation for improving connectivity and socio-economic development in northeastern states of India. | by IANS
 
Three Ebola cases recorded in Nigeria oil hub
Abuja, Sep 1 (IANS) At least three cases of Ebola virus disease (EVD) have been recorded in Nigeria's oil hub of Port Harcourt, where a fatality was confirmed last week, the country's Minister of Health Onyebuchi Chukwu said here Monday. | 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’s offer, Spain's Telefoni ...
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 EBI ...
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 ...
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 sold 88% o ...
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 solution - a breakup of TIM w ...
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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Travel across India for enhanced learning: Modi
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday asked IT experts to step out of their rooms and travel across India to enhance their learning. "You will learn as much outside your rooms as you will learn...
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New anti-terror measures to be introduced in Britain: Cameron
London, Sep 2 (IANS) British Prime Minister David Cameron Monday said his country will introduce a slew of measures to prevent terror suspects from travelling abroad, imposing tougher constraints on suspected...
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I don't enjoy my voice: Romeo Santos
Los Angeles, Sep 2 (IANS) Singer Romeo Santos is often baffled by fans who pay to listen to him sing, because he hates his own voice. The 33-year-old says he hates both his speaking and singing voice, reports...
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Eight killed in France building collapse
Paris, Sep 2 (IANS/EFE) As many as eight people have died due to a building collapse in Paris till Monday, French emergency management services said. Firefighters had recovered before dawn Monday the bodies of two...
Read more on Politics Balla
 
Modi focuses on women's empowerment, education
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday stressed on the need for women's empowerment in the present-day world as he began the fourth day of his visit to Japan. Modi, who was addressing students of the...
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George Clooney's back pain continues
Los Angeles, Sep 2 (IANS) Almost 10 years after filming the Oscar-nominated movie "Syriana", actor George Clooney is still feeling the effects of his on-set back injury. The actor traveled to Duke University earlier...
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