Nordic telecom group TeliaSonera targeted by investment funds
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Swedish-Finnish telecom operator TeliaSonera, the largest in the Nordic countries, is the target of investment funds attracted by the company's strong balance sheet and low valuation.
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A sale of part or all of its mobile phone unit would allow Telecom Italia to focus on broadband and content.
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The wireless service provider seeks growth in emerging markets.
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Telecom Italia will use cash for a larger-than-expected chunk of a 20 billion-euro ($26.69 billion) buyout of mobile unit TIM it is likely to announce on Tuesday, a source close to the deal told Reuters.
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(InfoWorld) - Alcatel-Lucent has invested in WiMax chip maker Sequans Communications, the latest show of support for the emerging long-range wireless networking technology. The companies did not reveal the size of the investment but said it extends a $24 million round of financing that Sequans raised last year. The companies are both based in France and have worked together in the past. Last year they said they would make a low-cost end-user WiMax device for developing countries. They expect to start production of that product in the second quarter. Alcatel, whichÂ completed its merger with LucentÂ late last year, has alsoÂ worked with Intel, a Sequans competitor. Alcatel and Intel have said often that they would collaborate on the development of WiMax technologies, including field trials of new products. Before the merger, Lucent sold WiMax products using gear from Alvarion, which uses Intel chips. Intel worked aggressively to develop a market for WiMax. Nonetheless, other chip makers including Sequans, Fujitsu, and Wavesat have emerged as competitors. Motorola also invested an undisclosed sum in Sequans late last year. After years of development, WiMax is just beginning to pick up steam. U.S. operator Sprint NextelÂ intends to build a WiMax network, andÂ ClearwireÂ has built several networks in Europe and parts of the U.S.
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Investor's Business Daily - Investors in European telecom stocks have worried about rumors the EU soon would cap roaming charges on cell phone calls, hurting profits. That is until new rumors surfaced about possible mergers.
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Investimento triennale da 300 mln dollari per nuovi servizi
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Wind, Vodafone e Tim tra i maggiori investitori dell'anno
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InfoWorld - Alcatel-Lucent has invested in WiMax chip maker Sequans Communications, the latest show of support for the emerging long-range wireless networking technology.
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Societa' di investimenti avrebbe pronti 800 milioni di euro
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(InfoWorld) - Orange Business Services, the global enterprise networking unit of France TÃ©lÃ©com, has strengthened its footprint in the Nordic and Baltic countries through an agreement with Scandinavian telco TeliaSonera. Under the deal announced Wednesday, TeliaSonera will integrate its IP (Internet Protocol) services in its home Nordic and Baltic markets with Orange's global IP network. The partnership will allow TeliaSonera to support its enterprise customers with international requirements beyond its core markets, making it easier for them to buy services and manage their communications needs though through a single provider. At the same time, Orange Business Services will benefit from a deeper network penetration in northern Europe. Also included in the partnership are mobile communications through the FreeMove international mobile phone alliance with several operators including Orange and TeliaSonera. Newly created Orange Business Services, which incorporates numerous former France TÃ©lÃ©com including Equant, operates in 166 countries and serves more than 220 customers.
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PARIS, June 22  /PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it has been selected by Vodafone Portugal for the implementation of a triple play-capable network solution to provide DSL- based services.
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Deutsche Telekom, the largest European phone company, has offered to buy out investors in T-Online International, its Internet division, for about E3 billion, aiming to revive growth at its fixed-line business.
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Con Alcatel e Bae Systems, via libera del Cda
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Finnish-Swedish telecommunications group TeliaSonera revealed on Wednesday a plan to buy back 1.1 billion euros worth of shares.
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Cisco Systems has taken a strategic investment in a company that makes devices to boost cell phone signals indoors.
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Good news for investors in telecom bad boy MCI (Nasdaq: MCIP): Over in Luxembourg, the European Court of Justice&#39;s Court of First Instance ruled in MCI&#39;s favor on an appeal of an antimonopoly ruling Tuesday.