TELECOM

Carrier NFC Group Isis Strikes At Google With Broader Handset Support

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Among the numerous companies vying to offer mobile commerce services to Americans, two consortiums stand out as particularly strong: the firms involved in Google?s Google Wallet service and Isis, a New York startup backed by three of the four largest U.S. wireless carriers (AT&T, T-Mobile, Verizon Wireless). Google appeared to have the upper hand...

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USD, Pound, Euro up; Yen down

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Mumbai, Aug 30 : Following are the indicative currency Notes and Travellers cheque selling rates as given by Thomas Cook India Ltd. (more…) Related items Pound, Euro rise; USD, Yen declines Euro up; USD, Pound, & Yen down Euro up; USD, Pound and Yen down Eurp up; USD, Pound and Yen down Pound, Euro...

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Hong Kong stocks fall in early trading

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LOS ANGELES (MarketWatch) — Hong Kong stocks took significant losses in early Wednesday trading, with blue-chip conglomerates among the losers. The Hang Seng Index lost 1.1% to 17,939.78 — moving back below the 18,000 level — while the Hang Seng China Enterprises Index fell 0.8% despite a 0.6% rise for the Shanghai Composite ....

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PCCW and Swire prepare for spin-offs

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PCCW’s proposed listing of its telecom assets in the form of a trust and Swire Properties’ listing by introduction will bring two blue-chip Hong Kong assets to the market — something rarely seen these days. (more…) Related items PCCW eyes business trust listing PCCW gets green light to launch business trust Research and Markets:...

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Major currencies up

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Mumbai, Sep 6 : Following are the indicative currency Notes and Travellers cheque selling rates as given by Thomas Cook India Ltd. (more…) Related items Euro up; USD, Pound and Yen down USD, Pound, Euro up; Yen down Pound, Euro rise; USD, Yen declines Euro up; USD, Pound, & Yen down USD, Pound down;...

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China Mobile Hoards More Cash Than Apple

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China Mobile Ltd. (941) , sitting on more cash than Apple Inc. (AAPL) , is missing the phone industry’s cheapest stock valuations in two years, fueling investor discontent over its takeover strategy. (more…) Related items PCCW trust makes steady debut in Hong Kong PCCW to list telecoms arm, raise up to $1.7b PCCW Approved...

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International markets roundup

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A roundup of trading on major world markets:NEW YORK – US stocks rallied sharply Monday as investors saw positive signs in European efforts to find a way to resolve the eurozone debt crisis.The Dow Jones … (more…) Related items Asian markets rise on Europe debt meeting Apple CEO Tim Cook in China to clear...

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CITIC Telecom launches new corporate identity, offers new services

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Hong Kong’s CITIC Telecom International CPC recently launched a new cloud service offering in line with its new corporate identity. CITIC Telecom’s SmartCLOUD services will complement the company’s managed network services. (more…) Related items Citic Securities Falls 4.2% On HK Trading Debut CITIC Telecom CPC Reaffirms Industry Leadership with World Vendor Awards Research and...

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PCCW makes $1.3bn HK listing move

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The Hong Kong communications firm PCCW, which is owned by the son of tycoon Li Ka-Shing, is looking to raise as much as $1.3bn in a share sale. (more…) Related items Dublin High Court Finds Against Hutchison Challenge On Eircom Bid – Sources PCCW Chairman Richard Li Tells Shareholders He Won’t Reduce His Holdings...

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PCCW to list telecoms arm, raise up to $1.7b

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HONG KONG (REUTERS) – Hong Kong telecommunications and media firm PCCW Ltd will spin-off and list its telecom assets to raise up to HK$10 billion (S$1.7 billion), it said in a filing to the Hong Kong stock exchange on Sunday. (more…) Related items VIDEO: PCCW unit lists in Hong Kong Malaysian listed XiDeLang eyes...

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