Archive for February, 2010

Deutsche Telekom profit plunges 70 percent

February 25, 10 by David Goldstein

Deutsche Telekom, the biggest European telecommunications operator, said Thursday that 2009 net profit plunged by more than 70 percent owing to asset devaluations of more than two billion euros (2.7 billion dollars).

Deutsche Telekom recorded profit of 400 million euros, a statement sai...

Telefónica eyes Brazil options as clouds gather

February 25, 10 by David Goldstein

César Alierta, chairman of Telefónica, would like to cure the malaise at the heart of the Spanish telecoms company’s Latin American empire.

Problems at its Brazilian operations are prompting Mr Alierta to weigh up a series of radical options that include Telefónica buying Telecom Italia...

France Telecom Net Beats Estimates as Costs Decline

February 25, 10 by David Goldstein

France Telecom SA, the country’s biggest phone company, posted better-than-expected full-year profit, aided by cost cuts and new customers.

Adjusted net income fell to 4.85 billion euros ($6.53 billion) from 5.18 billion euros a year earlier, the Paris-based company said in an e-mailed ...

FCC To Offer Incentives To Free Spectrum

February 25, 10 by David Goldstein

The FCC plans to free up a large swath of wireless broadband spectrum — totaling 500 megahertz — over the next decade, but for now, it won’t force television broadcasters to relinquish any airwaves, Congress Daily reported. Instead, FCC Chairman Julius Genachowski announced W...

Indian Govt to auction 3-4 3G slots each across telecom zones

February 25, 10 by David Goldstein

India will auction three slots each of third-generation wireless spectrum in most of its telecoms zones, including in the lucrative Delhi and Mumbai regions, from April 9, the telecoms ministry said on Thursday.

The government had earlier planned to auction four slots in Mumbai and two ...