2nd UPDATE:Reliance Communications Agrees To Sell Tower Assets To GTL Infrastructure
27th Jun 2010 17:58
(Adds details on deal, background) By Kenan Machado Of DOW JONES NEWSWIRES MUMBAI (Dow Jones)--Reliance Communications Ltd. (532712.BY) Sunday said it has agreed to sell the tower assets of its unit, Reliance Infratel, to Indian telecom infrastructure company GTL Infrastructure Ltd. (5
Read moreUPDATE: Reliance Communications To Sell Tower Business To GTL Infrastructure
27th Jun 2010 12:14
(Updates with further details, background and comments) By Kenan Machado Of DOW JONES NEWSWIRES MUMBAI (Dow Jones)--Reliance Communications Ltd. (532712.BY) Sunday said it has agreed to sell the tower assets of its unit, Reliance Infratel, to Indian telecom infrastructure company GTL I
Read moreLondon close: Resource stocks drag Footsie lower
25th Jun 2010 16:42
Weakness in the resources sector ensured that Footsie finished firmly in the red. ENRC, Lonmin and Kazkhmys were big losers in the mining sector as base metal prices retreat. BP resumed its slide following a couple days' respite. Nomura Securities has suggested that the oil giant may have to ra
Read moreLondon afternoon: Stuck in reverse
25th Jun 2010 14:14
BP trimmed its losses over the lunch time session but the Footsie ended the period more or less where it started it, as weak mining stocks continue to weigh on the index. ENRC, Lonmin and Kazkhmys remain the big losers in the mining sector as base metal prices retreat. BP is still under the cosh
Read moreLondon midday: Stormy weather for BP
25th Jun 2010 12:01
Mining stocks and BP have combined to spoil what was a firm start by London's blue-chip stocks, with even the weather now appearing to have it in for the beleaguered UK oil giant. Mining stocks such as ENRC, Lonmin and Kazkhmys suffer chunky falls but these are dwarfed by BP shares, which are havin
Read morePRESS RELEASE: Verizon Wireless Customers Excited for DROID X
24th Jun 2010 19:00
Customers, Executives Talk About Coming of the Next DROID, Arriving July 15, in Video Now Posted on YouTube BASKING RIDGE, N.J., June 24 /PRNewswire/ -- Customers visiting a New York City Verizon Wireless Communications Store on June 23 got an added perk: a sneak peek of the just-announced DROI
Read morePRESS RELEASE: BlackBerry(R) Bold(TM) 9650 Smartphone Available in Verizon Wireless Stores
24th Jun 2010 18:27
IRVINE, Calif., June 24 /PRNewswire/ -- WHO: Verizon Wireless, the company with the nation's largest and most reliable wireless voice and 3G network WHAT: The BlackBerry Bold 9650 is the first global phone from Verizon Wireless to support GlobalAccess Conne
Read more2nd UPDATE: Italy's Antitrust Body To Probe Telecom Italia
24th Jun 2010 15:44
(Adds company response, background) By Christopher Emsden Of DOW JONES NEWSWIRES ROME (Dow Jones)--Italy's Antitrust Authority said Thursday it was opening a probe into allegations Telecom Italia SpA (TI) was abusing its dominant position in the nation's telecommunications market. The
Read moreTECH VIEW: IPhone 4 Debuts With Renewed Carrier Hopes
24th Jun 2010 12:53
By Therese Poletti A DOW JONES COLUMN As some lucky consumers start to receive their new iPhones in the mail and others line up today at Apple Inc. (AAPL) stores, speculation has returned that the company is talking about adding another carrier. It's about time. The demand for the ne
Read moreADR Report: Shares Close Mostly Flat On Cautious Outlook
23rd Jun 2010 22:11
By Victoria Finkle Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York ended close to flat Wednesday, following a fitful session during which the U.S. Federal Reserve kept interest rates low and took a cautious stance on the economic outlook. The Bank
Read moreUPDATE: Shrinking Smartphone Cycle Means Little Room For Error
23rd Jun 2010 22:03
(Updates with comment from Motorola executive.) By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--With the interval between hot smartphones shrinking, handset makers have little margin for error to score an immediate hit. On Wednesday, Verizon Wireless unveiled the Motorola
Read moreUPDATE: Verizon Unveils Droid X; Google Ups Android Estimate
23rd Jun 2010 21:45
(Updates to include additional executive comments) By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Google Inc. (GOOG) upped its estimate for the number of Android phones sold each day as Verizon Wireless unveiled its own Android phone, the Droid X, a day before the next Apple
Read moreShrinking Smartphone-Sales Cycle Means Little Room For Error
23rd Jun 2010 21:12
By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--With the interval between hot smartphones shrinking, handset makers have little margin for error to score an immediate hit. On Wednesday, Verizon Wireless unveiled the Motorola Inc. (MOT) Droid X--the latest phone to take on the
Read moreVerizon Wireless: Doesn't See Any Supply Issues With Droid X
23rd Jun 2010 20:31
By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Verizon Wireless Chief Marketing Officer John Stratton said he doesn't see any supply issues with the newly unveiled Motorola Inc. (MOT) Droid X. "We don't expect to have that problem with the Droid X," he said in an interview W
Read moreVerizon Wireless, Motorola Unveil Droid X; Google Ups Android Sales Estimates
23rd Jun 2010 19:13
By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Google Inc. (GOOG) upped its estimate for the number of Android phones sold each day as Verizon Wireless unveiled its own Android phone, the Droid X, a day before the next Apple Inc. (AAPL) iPhone hits stores. Andy Rubin, head o
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