Lloyds to spend nearly $1 billion on broadband network
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European banking giant Lloyds TSB has tapped IBM to assemble a voice and high-speed Internet network connecting branch branches, call centers and cash machines, the two companies said Monday.
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Mobile phone giant Vodafone is to offer its millions of UK customers high-speed internet connections in the home.   Vodafone said it will enter the fixed-line broadband market "before the end of the year" after striking a deal with BT.
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OPTUS and Vodafone yesterday formalised an alliance in which they will together spend $1 billion on third-generation mobile phone networks.
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SYDNEY A fund managed by Macquarie Bank, Australia&#39;s largest investment bank, said Thursday that it had agreed to buy NTL&#39;s transmission towers in Britain for Â£1.27 billion, or $2.47 billion.
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Mobile phone giant Vodafone says it is planning to launch a high-speed broadband Internet service for its millions of customers in Britain.
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International Business Machines Corp. said Monday it will provide voice and data services to British financial-services company Lloyds TSB Group PLC for seven years in a deal worth $971.6 million.
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Britain&#39;s BT Group Plc (BT.L: Quote, Profile, Research) is hoping to make a dramatic return to the United States with a $1 billion acquisition of Californian telecoms group Infonet Services Corp.
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NTL, the UKâs largest cable company, has agreed to sell its radio and television broadcasting business for Â£1.27bn to a fund managed by Australiaâs Macquarie Bank.
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A Macquarie Communications Infrastructure Group-led consortium bought NTL Inc.&#39;s antenna towers business in the UK for 1.27 billion pounds ($2.47 billion).
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Irish Broadband today said it had ordered USD1.4m worth of wireless systems to expand its WiFi network in cities around the country.
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Telecom giant BT has revealed its plans to develop a large wireless broadband network in London
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Telecoms group BT bolstered its worldwide presence today by unveiling plans for a landmark acquisition costing almost one billion US dollars.
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British Telecom is buying U.S.-based Infonet Services in a deal that values the company at almost $1 Billion.
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Deutsche Bank, the biggest bank in Germany, is interested in buying Abbey Life -- the direct insurance unit of Lloyds TBS estimated to be worth 1.38 billion euros (1.9 billion dollars) -- the Financial Times Deutschland reported Monday.
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With broadband access an increasingly critical requirement in running a business, BT said as many as 78,000 more West Midland homes and businesses will be brought within reach of its broadband service next month.
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SBC Communications will offer a high-speed Internet connection for $19.95 per month to new customers who buy a premium calling plan and sign a one-year contract, the company said on Wednesday.
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Verizon Communications Inc. said yesterday it will extend a powerful new fiber-optic network capable of delivering cable television to 1 million US homes and businesses by year's end, including more than 100,000 in suburban Boston.