Reuters: Telecommunications Services

New Xbox more than a game console for Microsoft

Sat, 18 May 2013 13:59:59 GMT

* Renews contest with Sony, Nintendo for $65 bln game market

India Tata Tele (Maharashtra) share sale cancelled

Sat, 18 May 2013 05:02:43 GMT

NEW DELHI, May 18 (Reuters) - India's Tata Sons Ltd, the promoter of Tata Teleservices (Maharashtra) Ltd, cancelled a share auction it had launched in the telecommunications carrier on Friday after most bids were below a floor price set by the company.

DirecTV interested in buying video website Hulu -source

Fri, 17 May 2013 21:05:05 GMT

May 17 (Reuters) - The largest U.S. satellite video provider, DirecTV, is one of the companies considering a bid for online video website Hulu, according to a source familiar with the situation.

UPDATE 1-US FCC nominee Wheeler will divest holdings if confirmed

Fri, 17 May 2013 20:07:55 GMT

WASHINGTON, May 17 (Reuters) - Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.

U.S. FCC nominee Wheeler to divest telecoms holdings if confirmed

Fri, 17 May 2013 19:10:31 GMT

Fitch Assigns MTS-Linked LPNs Expected 'BB+(EXP)' Rating

Fri, 17 May 2013 16:32:13 GMT

(The following statement was released by the rating agency) MOSCOW, May 17 (Fitch) Fitch Ratings has assigned MTS International Funding Limited's proposed loan participation notes' (LPNs) USD and RUB tranches an expected 'BB+(EXP)' rating . The proceeds will be on-lent to OJSC Mobile Telesystems (MTS) ('BB+'/Stable). LPNs are effectively structured as senior unsecured obligations of MTS. LPNs will be issued by MTS International Funding Limited, an SPV domiciled in Ireland. The SPV will be

UPDATE 2-Syniverse, Mach deal set to win EU approval-sources

Fri, 17 May 2013 15:32:44 GMT

BRUSSELS, May 17 (Reuters) - U.S. telecoms services company Syniverse Technologies is set to win EU antitrust approval for its 550 million-euro ($710 million) takeover of Mach after agreeing to divest a big chunk of its rival's operations, sources said on Friday.

BRIEF-U.S. Cellular up 5.4 pct after special cash dividend declared

Fri, 17 May 2013 15:12:22 GMT

NEW YORK, May 17 (Reuters) - United States Cellular Corp : * Shares up 5.4 percent after special cash dividend declared

UPDATE 1-S.Africa's Altron offers to buy out Altech minority shareholders

Fri, 17 May 2013 14:39:05 GMT

JOHANNESBURG, May 17 (Reuters) - South Africa's Allied Electronics (Altron) said on Friday it had made a firm offer to acquire all of the share capital in Allied Technologies Limited (Altech) it does not already own.

S.Africa's Altron offers to buy out Altech minority shareholders

Fri, 17 May 2013 14:21:44 GMT

Syniverse, Mach deal set to win EU approval - sources

Fri, 17 May 2013 13:38:28 GMT

BRUSSELS, May 17 (Reuters) - EU antitrust regulators will clear a 550-million-euro ($710.44 million) takeover by Syniverse Technologies of competitor Mach after the U.S. telecoms services company offered to divest a chunk of Mach's operations, sources said on Friday.

Deals of the day -- mergers and acquisitions

Fri, 17 May 2013 13:34:03 GMT

May 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

U.S. contractor jailed in Cuba settles suit against employer

Fri, 17 May 2013 13:29:50 GMT

WASHINGTON, May 17 (Reuters) - An American contractor imprisoned in Cuba has settled a lawsuit in which he accused the company he was working for when he was arrested and the U.S. government with failing to warn him about the risks of working on the communist-controlled island.

Vimpelcom plans to delist Orascom stock-sources

Fri, 17 May 2013 13:16:42 GMT

CAIRO/MOSCOW, May 17 (Reuters) - Emerging markets telecoms group Vimpelcom wants to delist Cairo-based subsidiary Orascom Telecom Holding (OTH) from the Egyptian and London stock exchanges so it can manage it directly, two sources said on Friday.

SE Asia Stocks-Thai index up on MSCI; Singapore Airlines weak after results

Fri, 17 May 2013 10:22:23 GMT

BANGKOK, May 17 (Reuters) - Thai shares gained on Friday, led by gains in Shin Corp and Minor International that will be added to the MSCI index, but Singapore retreated as Singapore Airlines fell after posting weak results. The Thai SET index ended up 0.62 percent at 1,627.96 as shares in telecom group Shin Corp and hotel firm Minor International both rose more than 7 percent. Maybank Kim Eng Securities said in a report it expected Shin Corp shares to outperform the market for the rest

BRIEF-KPN concludes capital raise

Fri, 17 May 2013 09:13:52 GMT

BRUSSELS, May 17 (Reuters) - Koninklijke KPN NV : * Successfully concludes 4 billion euros equity equivalent capital raise

UPDATE 3-China ups stakes in Australia power firms as Singapore retreats

Fri, 17 May 2013 07:44:06 GMT

* Transaction could be worth over A$5 bln including debt (Recasts, adds State Grid and analyst comment)

UPDATE 1-SES earnings slip after German analogue switch-off

Fri, 17 May 2013 07:17:00 GMT

* Q1 core profit 321.2 mln euros vs Rtrs poll 329 mln euros

SES earnings fall after German analogue switch-off

Fri, 17 May 2013 06:08:44 GMT

BRUSSELS, May 17 (Reuters) - SES , one of the world's largest commercial satellite operators, reported on Friday a decline of earnings in the first quarter, hit by last year's switch-off of analogue transmissions to Germany, while retaining its full-year outlook.

INDIA-PRESS-India may disallow crossholding in same telecom circle - Business Standard

Fri, 17 May 2013 02:55:44 GMT

Note: Reuters has not verified these stories and does not vouch for their accuracy.

Text-Malaysia RAM reaffirms AAA debt ratings of Telekom Malaysia and Hijrah Pertama Bhd

Thu, 16 May 2013 23:13:18 GMT

(Text released by the ratings agency) KUALA LUMPUR, May 17 (Reuters) - Malaysia RAM Ratings has reaffirmed the AAA long term ratings of Telekom Malaysia Berhad's (TM or "the Group") and Hijrah Pertama Berhad's (HP) debt issues. TM's ratings consider its strategic and prominent position within Malaysia's telecommunications industry as well as its stable earnings and healthy debt-servicing capacity. Based on RAM's rating methodology on government-linked entities, TM's position is furthe

EBay developers working on possible apps for Google Glass

Thu, 16 May 2013 23:10:39 GMT

SAN FRANCISCO, May 16 (Reuters) - Developers at eBay Inc are working on potential applications for Google Inc's Glass project, opening up the possibility that shopping and broader commercial activities might be conducted through the wearable technology.

Dish asks FCC to suspend review of SoftBank's Sprint bid

Thu, 16 May 2013 22:29:56 GMT

NEW YORK, May 16 (Reuters) - Dish Network Corp asked U.S. regulators on Thursday to stop reviewing SoftBank Corp's proposed acquisition of Sprint Nextel Corp's , citing the Japanese company's reported attempt to thwart its bid for the U.S. wireless carrier.

ESPN wins exclusive U.S. Open tennis rights in 11-year deal

Thu, 16 May 2013 21:00:52 GMT

May 16 (Reuters) - Walt Disney's ESPN sports juggernaut said it signed an 11-year contract to exclusively show all rounds of the U.S. Open tennis tournament on its channels in North and South America, giving it coverage of the sport's four major tournaments.

Espionage, comedy veterans touted for upcoming U.S. TV season

Thu, 16 May 2013 21:00:50 GMT

NEW YORK, May 16 (Reuters) - The big four U.S. broadcast networks, in need of new TV hits to turn around slumping ratings, are betting espionage programs and old comedy stars will convince advertisers to spend about $9 billion during the so-called upfront selling season.