2008-05-09 08:26:42
Telekom Austria's principal shareholder mulls splitting telecom group - report
VIENNA (Thomson Financial) - Telekom Austria AG's principal shareholder,
Austria's state industrial holding OIAG, is mulling the merits of splitting the
telecom group into separate mobile phone and fixed-line companies, the Viennese
daily Der Standard reported citing unnamed sources within OIAG and political
circles.
2008-05-09 08:09:45
Singapore Telecom expected to post flat year to March earnings
SINGAPORE (Thomson Financial) - Singapore Telecommunications Ltd. (SingTel),
Southeast Asia's biggest telecommunication player, is expected to post flat
earnings in the year to March 2008 as contributions from its regional associates
will be dented by the strong Singapore dollar, analysts said Friday.
2008-05-09 07:48:40
Redline Communications Q1 revenue growth 19 percent vs last year
LONDON (Thomson Financial) - UK smallcap Redline Communications Group said
revenues for the first quarter of 2008 grew 19 percent against last year, driven
by a 33 percent growth in WiMAX products revenue.
2008-05-09 07:27:06
Telecom Argentina Q1 net profit doubles as cellular, broadband sales grow
BUENOS AIRES Thomson Financial - Telecom Argentina SA. on Friday reported
doubled first quarter net income of P$272 million, up from P$135 million a year
earlier.
2008-05-09 06:58:25
Virgin Media in talks with BSkyB to get channels back
LONDON (Thomson Financial) - Virgin Media Inc. chief executive Neil Berkett
confirmed he was in talks with BSkyB about the return of the satellite
broadcaster's basic channels to his cable service, said The Daily Telegraph.
2008-05-09 06:57:18
Ericsson wins $145 mln contract from France Telecom's Telkom Kenya
NAIROBI (Thomson Financial) - Telkom Kenya, which is 51 pct owned by France
Telecom SA., has awarded a $145 mln contract to Swedish telecom infrastructure
group LM Ericsson for equipment for its mobile phone roll-out, an official said
Thursday.
2008-05-09 06:39:29
Citizens Communications ratings cut to 'BB' - S&P
MUMBAI (Thomson Financial) - Standard & Poor's said it lowered its ratings
on Citizens Communications Co. to 'BB' from 'BB+' reflecting rising competition
from cable telephony and wireless substitution, the lack of a facilities-based
video strategy, longer-term risk to regulatory support, and an aggressive
financial policy.
2008-05-09 01:38:54
Marvell Technology paying $10M to settle case
WASHINGTON (AP) - Semiconductor maker Marvell Technology Group Ltd. on
Thursday agreed to pay a $10 million civil fine to settle regulators'
allegations of improper backdating of stock options.
2008-05-09 01:22:23
Australia's Telstra reaffirms FY profit guidance
SYDNEY (Thomson Financial) - Australia's largest telecommunications group
Telstra Corp Ltd. on Friday said it expects full-year earnings before interest
and tax (EBIT) to rise between 6 percent and 8 percent, reaffirming guidance
given in February when the group reported its first-half results.
2008-05-09 00:14:21
Earnings roundup: Brooks Automation, VeriSign
News:
CHELMSFORD, Mass. (AP) -- Brooks Automation Inc. said Thursday it swung to
fiscal second-quarter loss as revenue fell sharply amid a corporate
restructuring.
2008-05-09 00:10:58
Earnings roundup: Nvidia, Dynegy
News:
SANTA CLARA, Calif. (AP) -- Graphic chip maker Nvidia Corp. said Thursday
its first-quarter profit rose 34 percent, but missed analyst estimates.
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