We are not in takeover talks, says Virgin chief
Richard Wray Friday November 18, 2005 The Guardian
Virgin Mobile is not in takeover talks, said chief executive Tom Alexander, though he admitted it could be an "interesting piece of the jigsaw" for other acquisitive firms.
The company brushed aside news that it attracted a disappointingly low 44,000 new customers over the three months to end September and predicted healthy growth in revenues for the year as a whole.
Vodafone chief apologises to investors
by Mark Odell in Barcelona
November 17
The Financial Times
Arun Sarin, chief executive of Vodafone, on Thursday apologised to investors for the mobile operator’s failure this week to communicate some of the financial information he felt contributed to the worst slump in the company’s share price in seven years.
The shares of the world’s largest mobile operator by revenues are still in the doldrums after falling almost 11 per cent on Tuesday, when the group revealed that margins would fall next year because of increased spending at its Japanese unit and intensifying competition in Europe.
Buy-out consortium bids for TDC
By Clare MacCarthy in Copenhagen,
November 17 2005
The Financial Times
TDC has received a firm offer from a buy-out consortium that values Denmark’s leading telecommunications group at close to $11.5bn. The group’s enterprise value rises to nearly $15bn, including estimated debt of $3.5bn, which would make TDC one of the world’s largest leveraged buy-outs. Europe’s largest LBO was this year’s €12bn ($14bn) takeover of Wind, the Italian telecoms group.
Vodafone pursues virtual operators
By Michiyo Nakamoto in Tokyo and Mark Odell in London
November 16 2005
The Financial Times
Vodafone has held talks with about 30 companies in Japan about hosting them on its network as so-called mobile virtual network operators as part of the restructuring programme at its troubled Japanese unit.
Bill Morrow, who heads Vodafone’s Japan operations, said on Wednesday the UK mobile operator was “feverishly in negotiations with quite a few” potential MVNOs. The world’s largest mobile operator by revenues wants to sign up to 10 MVNOs within two years, with the first contract expected to be signed in the next financial year.
Wanadoo says it is no.1 for VoIP
Telegeography 18th November 2005
UK ISP Wanadoo claims it is the country’s top consumer VoIP provider, with 80,000 registered users signed up to its Wireless & Talk package in the eight months since launch. The France Télécom subsidiary says it is adding new VoIP users at a rate of 5,000 a week, eclipsing the rival VoIP service of UK incumbent BT. ‘BT’s Communicator product took around 20 months from launch to attract 50,000 registrations,’ Wanadoo said in a statement.
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