(Update1) The benchmark Philippine equities
index may fall in the next 12 months and investors should switch
out of phone companies and into energy, property and banking
stocks to beat the decline, UBS AG said.
India’s 11 biggest phone companies, including Bharti, Reliance Communications Ltd and Vodafone Group Plc’s local unit, are cutting prices to as low as one cent a minute to match offers by newcomers such as NTT DoCoMo Inc.
DirecTV Group Inc. Chairman John
Malone won’t rule out a possible takeover by AT&T Inc. or
Verizon Communications Inc., saying they will likely have closer
ties to his company as they develop packages of phone and
television service.
It was reported today that Motorola (MOT) is shopping around its division that makes set top boxes and other equipment for cable and phone companies. The rumored asking price is around $4.5 billion.
That sounds great, but unfortunately for...
Government wants a cut in termination charges mobile phone companies pay each other for calls across networks, but operators must pass on the reduction by lowering charges.
South Africa's mobile phone firms are facing another battle with regulators after the country's competition commission said on Thursday it would investigate possible collusion over prices in the industry.
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