By Aman Shah MUMBAI, March 18 (Reuters) - India's cellphone operators are snatching up precious bandwidth in a government sale, paying top dollar for spectrum to roll out high-speed coverage across the country. The fear among investors is that the companies' balance sheets may now be under
Read morePRAGUE, March 17 (Reuters) - Vodafone's Czech unit is seeking damages of 385 million crowns ($15 million) from telecoms company O2 Czech Republic for what it says is the company's abuse of a dominant position in the fixed broadband market, the company said on Tuesday. Vodafone said it was f
Read moreCustomers wishing to call a different network or landline from a mobile phone will be able to do so at a fraction of the current price, but not until 2017. On Tuesday, Ofcom said networks will be allowed to charge customers no more than 0.475p per minute for a so-called termination fee - the charge
Read more(Recasts, adds details) By Leila Abboud and Gwénaëlle Barzic PARIS, March 17 (Reuters) - France's Orange will plough 15 billion euros ($15.9 billion) into upgrading networks until 2018 to differentiate itself from rivals in a price war in its domestic market. Orange, Europe's
Read moreResults from Astrazenca's Pegasus study of its blood-thinning Brilinta treatment received a cool reaction from the market on Monday, though analysts at UBS maintained their positive outlook for the product. The bank, which kept a 'buy' rating and 5,500p target price for the stock, said it still sees
Read moreIn spite of a number of headwinds facing Vodafone, JPMorgan Cazenove has retained an 'overweight' stance on the stock, saying it still expects a return to revenue growth at the telecoms group in the second half of 2015. The shares have underperformed the wider FTSE and telecoms sector by 5% and 15%
Read more** Big swing in euro exchange rate puts spotlight on UK companies with significant customer bases in the eurozone ** EURGBP approaching 0.70, fall of 9.2 pct YTD has already outstripped 6.6 pct fall in 2014 ** Several FTSE 100 stocks derive more than 50 pct revenues in euros **
Read more(Adds fund manager quote, details) By Tommy Wilkes NEW DELHI, March 12 (Reuters) - Britain's foreign minister raised concerns in India on Thursday about a $1.6 billion retrospective tax bill charged to oil explorer Cairn Energy, and had been reassured there are no other such cases.
Read more-- Source link: (http://bit.ly/1EcJTCO) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read moreThe considerable changes in train in the UK telecoms market has inspired a note from Morgan Stanley, which has identified five meaningful alterations to the landscape and the key consequences of those five changes. Morgan Stanley notes that most large European telecoms markets are consolidating towa
Read morePearson: Barclays reiterates equal-weight recommendation and keeps target at 1,405p. UBM: Westhouse Securities takes target to 599p from 552p but reiterates add. ARM Holdings: Citi keeps at buy with a 1,35p target price. Kaz Minerals: Jefferies shaves target to 250p from 275p and reiterates hold.
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