BBI move wipes out many small shareholders Nov 17, 2009
Assets held for sale are the Australian Energy Transmission & Distribution businesses and the US telecommunications cable business Cross Sound Cable. Under the worst-case valuations of the independent expert, BBI's asset values are reduced by about $338 million after the recapitalisation. (Sydney Morning Herald -- Business)
India to address US woes on spectrum auctions Nov 4, 2009
The US Telecommunications Subcommittee has also said that despite Indias telecom regulator Trai recommending lifting of all curbs on the internet telephony and also calling for mobile virtual network operators (MVNOs) to be permitted to offer services, the government here has so far not cleared these policies ... Addressing other concern raised by the US, the Indian delegation will also tell the US Telecommunications Subcommittee that foreign companies will be able to bid for 3G spectrum as... (India Times)
* World Business Quick Take Oct 28, 2009
The US telecommunications firm Verizon, the countrys second largest, reported on Monday that net income had dropped 9. 8 percent compared with the third quarter of last year, to US$2. (Taipei Times, Taiwan -- World)
AT&T calls for FCC action on GOOGLE... Sep 26, 2009
the largest US telecommunications group, to force , the internet search and advertising giant, to play by the same rules as its competitors and ensure that its Google Voice application does not block calls to some rural areas. The call, which came in a strongly worded letter from AT&T to the Federal Communications Commissions competition bureau was signed by Robert Quinn, AT&Ts senior vice president for federal regulations. (The Drudge Report)
Cubans see US restrictions eased Sep 4, 2009
In business, US telecommunications are now exempt from the general US trade embargo - in place against Cuba for five decades - and can now provide fibre optic internet connections and mobile phone roaming services. Phone bills can also be paid by relatives in the US.. (BBC News -- Americas)
Embargo on Cuba loosens, by stages Jun 16, 2009
He also allowed US telecommunications companies to do business in Cuba, which would expand satellite television, Internet, and cellphone access on the island. But travel restrictions remain in place for Americans with no family members in Cuba. (Christian Science Monitor -- World)
Cuba, s! Embargo, no! Apr 15, 2009
US telecommunications firms such as AT&T and Verizon will have a chance to compete for business in Cuba, bringing cellphone and Internet service, and satellite radio and TV.. However, Obama's policy change will be meaningful only if it foreshadows complete abolition of the trade embargo against Cuba and elimination of the ban on travel there for all US citizens. (Boston Globe)
Castro welcomes US Cuba changes Apr 15, 2009
Under the changes, restrictions would also be lifted on US telecommunications companies applying for licences to operate in Cuba, Mr Gibbs added. That move could open the way for a greater flow of information to the island via the internet, says the BBC's Kevin Connolly in Washington, although much will depend on the attitude of the Cuban government itself. (BBC News -- Americas)
Breaking the ice Apr 15, 2009
President Obama is also allowing US telecommunications companies to bid for licences here, though it is unlikely the Cuban Authorities will co-operate. But if this includes access to the internet through the US undersea fibre-optic cables, that could have a major impact. (BBC News -- Americas)
Obama eases Cuba travel, but embargo remains Apr 14, 2009
Moreover, some US telecommunications companies will now be permitted to apply for licenses to do business in Cuba. If the Cuban government allows it, they could bring improved radio, TV, mobile phone, and Internet service to the country part of the Obama administration's effort to link Cubans to the outside world. (Christian Science Monitor -- USA)
Obama lifts Cuban curbs Apr 14, 2009
It would allow US telecommunications network providers to link to Cuba with fiber-optic cables and satellite technology, permit US wireless telephone providers to enter roaming service agreements with Cuban firms, and allow US satellite broadcasts to the island. "All who embrace core democratic values long for a Cuba that respects the basic human, political and economic rights of all of its citizens," Gibbs said. (iAfrica.com)
Obama eases curbs on Cuba travel Apr 14, 2009
Restrictions would also be lifted on US telecommunications companies applying for licences to operate in Cuba, Mr Gibbs added. Cuban-Americans are eager to help their families in Cuba. (BBC News)
No double tax for foreign telcos Apr 9, 2009
Recently, US Telecommunications Subcommittee had taken up this issue with the Indian government since American companies such as ATVerizon were impacted by double taxation. Read business stories in. (India Times)
Investing in next-generation networks Mar 21, 2009
Realising the potential of NGN, US telecommunications giant AT week said it would invest nearly US$18bil to expand its wireless and wire-line broadband networks. That will create 3,000 jobs in 2009 and demand for products. (The Star Online, Malaysia -- Business)
