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Wednesday, June 1, 2011

=== News - 10 new results for [telecom] ===

China Targeting Telecoms in Corruption Probe
Wall Street Journal (blog)
Chinese authorities have begun a sweeping corruption investigation
targeting the country's telecom operators, China Mobile Ltd., China Unicom
(Hong Kong) Ltd. and China Telecom Corp. Dow Jones, citing Chinese state
media, reported that more than 60 ...
<http://blogs.wsj.com/chinarealtime/2011/06/01/china-targeting-telecoms-in-corruption-probe/>
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<http://news.google.com/news/story?ncl=http://blogs.wsj.com/chinarealtime/2011/06/01/china-targeting-telecoms-in-corruption-probe/&hl=en&geo=us>

Paradis to proceed cautiously on telecom portfolio
CANOE
Foreign ownership is an important piece of Canada's digital strategy puzzle
“and one that I am personally committed to getting right,” Paradis said
at the at the 2011 Canadian Telecom Summit in Toronto on Tuesday. Paradis
said the government's ...
<http://money.canoe.ca/money/business/canada/archives/2011/05/20110531-150728.html>
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SK Telecom to Spin Off Platform Business
Wall Street Journal
By JUNG-AH LEE SEOUL—SK Telecom Co., South Korea's largest mobile carrier
by market share, said Tuesday it plans to spin off its platform operations
on Oct. 1 to help it focus on the recently launched business. "SK Telecom
has decided to build a ...
<http://online.wsj.com/article/SB10001424052702303745304576357413296314414.html?mod=googlenews_wsj>
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New telecom gear norms to ring up costs for firms
Livemint
New Delhi: The department of telecommunications (DoT) has approved new
security norms governing telecom equipment that could cost operators at
least Rs 5000 crore each to implement. “As per our initial estimates, the
one-time expenditure to implement ...
<http://www.livemint.com/2011/06/01001709/New-telecom-gear-norms-to-ring.html?h=B>
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France Telecom Sets 5-Year Financial Goals
Wall Street Journal
By Ruth Bender PARIS (Dow Jones)--France Telecom (FTE) Tuesday said it
could sell minority stakes in assets where the group has no operational
role and aims to make gross savings of at least EUR3 billion by 2015, as
the group seeks to pave the way back ...
<http://online.wsj.com/article/BT-CO-20110531-702772.html>
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After Raja, it's Maran in line of 2G spectrum fire
Times of India
Reacting to reports that Maran as telecom minister in UPA-1 allegedly
coerced the promoter of cellular service provider Aircel to sell out to
Malaysian company Maxis, BJP said the minister as well as Prime Minister
Manmohan Singh owed an explanation. ...
<http://timesofindia.indiatimes.com/india/After-Raja-its-Maran-in-line-of-2G-spectrum-fire/articleshow/8670936.cms>
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Compal, Formosa, Maxis, Sinopec, SK Telecom: Asia Ex-Japan Equity Preview
Bloomberg
SK Telecom Co. (017670 KS): South Korea's biggest mobile- phone operator
will spin off its mobile application development business in October,
according to a regulatory filing by the company. SK Telecom will wholly own
the new unit, according to the ...
<http://www.bloomberg.com/news/2011-05-31/compal-formosa-maxis-sinopec-sk-telecom-asia-ex-japan-equity-preview.html>
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Mubarak Fined Over Egyptian Telecom Blackout
Mobiledia
By Kendra Srivastava | Tue May 31, 2011 1:12 pm Judges on Saturday fined
Mubarak and two of his top officials a total of $91 million for pulling the
plug on Web and cell phone services amid winter protests that ousted
Mubarak from power on February 11. ...
<http://www.mobiledia.com/news/91924.html>
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Telecom Egypt Falls Most in Week as Analysts See Drop in Profit
Bloomberg
By Ahmed A Namatalla - Tue May 31 14:12:19 GMT 2011 Telecom Egypt (ETEL)
fell to the lowest level in two months before releasing earnings tomorrow,
which analysts expect to decline. The shares lost 2.8 percent to 15.54
Egyptian pounds at the 2:30 pm ...
<http://www.bloomberg.com/news/2011-05-31/telecom-egypt-falls-most-in-week-as-analysts-see-drop-in-profit.html>
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For Best Telecom Plays, Look Abroad
Smartmoney.com
Somewhat ironic, then, that as the phone has become an even more ubiquitous
part of our lives, telecom's weighting in the S&P 500 has been shrinking
for more than a decade. According to research from Bespoke Investment
Group, telecom stocks now account ...
<http://www.smartmoney.com/invest/stocks/for-best-telecom-plays-look-abroad-1306856976747/?link=SM_hp_featStory>
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