UPDATE: Essar, Vodafone Mull JV Listing; Essar Eyes BP Africa Assets
29th Jul 2010 13:16
By Rakesh Sharma and Santanu Choudhury Of DOW JONES NEWSWIRES (Adds comments from Essar, Vodafone executives, background) NEW DELHI (Dow Jones)--The chief executive of Essar Group said Thursday the company is in early talks with Vodafone Group PLC (VOD) about an initial public offering f
Read moreUPDATE: Vodafone CEO: Convinced No Tax Is Due In India
29th Jul 2010 13:07
(Adds more comments, background) By R. Jai Krishna and Arpan Mukherjee Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--U.K.-based Vodafone Group PLC's (VOD.LN) chief executive said the mobile giant is confident it doesn't have any taxes due in India in relation to its $11.2 billion acqui
Read moreMotorola Posts 2Q Profit On Enterprise, Network Strength >MOT
29th Jul 2010 12:59
By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Motorola Inc. (MOT) reported a six-fold increase in second-quarter profit, again largely driven by its lower profile non-cellphone units, as the company takes several steps toward its planned split early next year. The Schaumbur
Read moreVodafone CEO: Convinced No Tax Is Due In India
29th Jul 2010 09:59
NEW DELHI (Dow Jones)--Vodafone Group PLC (VOD.LN) is confident that it doesn't have any taxes due in India relating to its $11.2 billion acquisition of a majority stake in local mobile phone operator Hutchison Essar Ltd in 2007, the U.K. company's chief executive said Thursday. "We have confide
Read moreEssar Group CEO: In Preliminary Talks For Vodafone Essar IPO
29th Jul 2010 09:41
NEW DELHI (Dow Jones)--Essar Group, the diversified Indian conglomerate, said Thursday it is in early talks with Vodafone Group PLC (VOD) for an initial public offering of their telecommunications joint venture, Vodafone Essar Ltd. "It is in preliminary discussions," Essar Group Chief Executive
Read more2ND UPDATE: Telefonica Net Profit Up On Latin American Growth
29th Jul 2010 09:11
(adds detail) By Jason Sinclair Of DOW JONES NEWSWIRES MADRID (Dow Jones)--Spanish telecoms giant Telefonica SA (TEF) said Thursday second-quarter net profit rose 16% as revenue growth in its Latin American business compensated for a weaker Spanish market. Madrid-based Telefonica sai
Read moreHarbinger's Falcone To Test 4G Wireless Network In Denver
28th Jul 2010 19:08
DENVER (Denver Post)--Philip Falcone, the billionaire who runs hedge fund firm Harbinger Capital Management, plans to outfit Denver with a blazing-fast 4G wireless network expected to launch in the second half of 2011, the Denver Post reports Wednesday. Nokia Siemens Networks will build and main
Read morePRESS RELEASE: Verizon Wireless Endorses CTIA Consumer Code for Wireless Service
28th Jul 2010 14:11
Wireless Leader Supports the Code as a Baseline for Pro-Consumer Practices BASKING RIDGE, N.J., July 28 /PRNewswire/ -- Verizon Wireless today threw its wholehearted endorsement behind the updated CTIA Consumer Code for Wireless Service. Dan Mead, chief operating officer of Verizon Wireless, sa
Read morePRESS RELEASE: Did You Know? With Verizon Wireless Global Phones, Customers Can Stay Connected in More Than 220 Countries Worldwide
28th Jul 2010 13:30
BASKING RIDGE, N.J., July 28 /PRNewswire/ -- Whether traveling overseas for business, vacation or both, Verizon Wireless customers can find the right global phone to meet their needs. Verizon Wireless currently offers a wide selection of global devices that enable customers to make phone calls a
Read moreUPDATE: UK Government Gives Go-Ahead To Spectrum Auction
28th Jul 2010 11:49
(Adds comments, details.) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. government Wednesday gave the go-ahead for a long-awaited mobile spectrum auction as part of wider efforts to improve the speed of Internet broadband in the country, while it will also bri
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
28th Jul 2010 09:34
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0834 GMT [Dow Jones] Evolution Securities cuts Vodafone Group (VOD.LN) to neutral from buy, but raises target to 156p fro
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING -2-
28th Jul 2010 09:34
0626 GMT [Dow Jones] ASIAN SUMMARY: Regional markets mostly higher; Nikkei +2.7%, Shanghai Composite +2.1%, S&P/ASX +0.7%, NZX-50 +0.5%, HSI +0.5%, STI +0.5%, Kospi +0.3%; but Sensex flat, SET flat. In FX markets, EUR/USD at 1.3021 vs 1.2997 late NY trade, EUR/JPY at 114.49 vs 114.37, USD/JPY at 87.
Read moreMARKET TALK: Evolution Cuts Vodafone To Neutral
28th Jul 2010 09:34
0834 GMT [Dow Jones] Evolution Securities cuts Vodafone Group (VOD.LN) to neutral from buy, but raises target to 156p from 153p. Says Vodafone's 1.1% service revenue growth in 1Q '10 was encouraging, as is the growing willingness to sell non-core assets and the probable resurrection of the Verizon
Read moreChairman under fire at Vodafone AGM
27th Jul 2010 17:42
Over 6% of Vodafone shareholders voted against the re-election of the phone giant's chairman at the company's annual meeting today. Around 6.5% voted against Sir John Bond, based on proxy votes, while 5.9% voted against the re-election of his deputy, John Buchanan. The protest vote was led by the
Read moreVodafone: Resolution 2 To Re-Elect Bond As Chairman Approved
27th Jul 2010 17:38
LONDON (Dow Jones)--Vodafone Group Plc (VOD.LN), a mobile telecommunications company announced Tuesday that at its Annual General Meeting all 24 resolutions were approved, including resolutions 2 and 3 to re-elect John Budd and John Buchanan as Chairman and Deputy Chairman respectively. MAIN FAC
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