Swisscom, Austrian telecom talks cut off: OeIAG
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Negotiations between the Austrian privatisation agency OeIAG and the Swiss telecommunications group Swisscom for a stake in Telekom Austria ended without a deal, OeIAG said in a statement.
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Quotazione ben oltre prezzo Opa lanciata da Swisscom
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Swisscom fears a takeover of Sunrise, the former Swiss telecoms monopoly's biggest competitor, by either France's Orange or cable operator Cablecom, Swisscom's chief said in a newspaper interview.
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Shares in telecom giant Telecom Italia are suspended ahead of a board meeting to discuss the future of the firm.
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By BRADLEY S. KLAPPER  GENEVA - The U.N. telecoms agency said Friday it has canceled a major European conference because organizers were running behind schedule.
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VIENNA Austria backed away from a full privatization of its top telecommunications company after merger talks with Swisscom failed.
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The European Commission said Wednesday it had dropped its antitrust investigation into mobile phone roaming prices charged by operators in Britain and Germany after new EU rules forcing telecom companies to cut the cost of using mobile phones abroad.
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Brokerage group ICAP says it has held &quot;exploratory&quot; merger talks with the London Stock Exchange, but added that the discussions have since ceased.
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Goldman Sachs Group  and Credit Suisse Group  on Friday said they will cut about 2,000 job worldwide as a credit crisis puts a damper on fixed-income trading and corporate dealmaking.
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Any mandatory EU intervention to cut  the price of sending text messages or using the Internet while  traveling abroad would be limited to the wholesale level, the  European Union's top telecoms regulator said on Thursday.
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A trial over Valassis Communicationsâ attempt to cancel its acquisition of Advo Inc. was stopped Monday so the companies could pursue settlement talks.
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Switzerland's main telecommunications operator, Swisscom, which has already announced 390 job cuts for next year, will continue to shed around 100 jobs per year in a bid to cut costs and improve profits, its chief executive said.
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Australian nickel and copper miner WMC Resources has turned down an offer from Swiss-based Xstrata that valued the company at Aust.
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Swisscom AG  will repurchase a 25 percent stake in Swisscom Mobile from Britain's Vodafone Group Plc for 4.25 billion Swiss francs ($3.5 billion) in a long-awaited deal to fortify its home market position.
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The European Commission has given mobile network operators until July 1 to cut the cost of using mobile data services while traveling abroad or face regulation.
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Merger talks between Qwest Communications and MCI cooled on Friday, though the two companies may still reach an agreement.
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Telekom Austria AG has posted better than expected financial results for the first half of the year, scarcely one week after merger talks with Swisscom AG broke down.