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By Rafael Nam and Archana Narayanan MUMBAI, July 17 (Reuters) - India's relaxation of foreign investment rules, aimed at drawing funds needed to turn around slowing economic growth and support a crumbling rupee, barely lifted markets on Wednesday due to doubts whether long-term inflows woul
Read moreBy Rafael Nam and Devidutta Tripathy MUMBAI/NEW DELHI, July 17 (Reuters) - India's relaxation of foreign investment rules, aimed at drawing funds needed to turn around slowing economic growth and support a crumbling rupee, barely lifted markets on Wednesday due to doubts whether long-term i
Read moreBy Sinead Carew NEW YORK, July 16 (Reuters) - AT&T Inc customers will be able to upgrade phones once a year instead of waiting two years under a new option that involves monthly device payments as AT&T defends itself against challenges from T-Mobile US . AT&T's latest offering, which
Read moreNEW DELHI, July 16 (Reuters) - India relaxed foreign direct investment (FDI) rules on Tuesday in a broad swathe of industries including telecoms, single brand retail and oil and gas in a bid to lure capital inflows, prop up a sliding currency and rev up growth. In a meeting of senior cabine
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In a report on the European telecommunications sector, Deutsche Bank has upgraded Vodafone to 'buy' from 'hold' but concludes that fundamentals continue to present a challenge for the sector. Analysts at the German bank explained that European telecoms are overvalued in historical terms due to incr
Read moreMADRID, July 16 (Reuters) - The number of mobile phone customers in Spain rose in May after ten months of declines in a painful recession that has resulted in high unemployment and hit operators' bottom lines, data from the telecoms regulator showed on Tuesday. The boost came from growing n
Read moreJuly 16 (Reuters) - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange down 1.6 percent, while the MSCI-Asia Pacific index excluding Japan is 0.18 percent higher. * Asian shares edged higher on Tuesday, taking their cue from U.S. shares after weaker-than-forecast retail
Read moreMILAN, July 15 (Reuters) - Telecom Italia said on Monday it wanted to secure favorable regulatory conditions before taking any steps forward in its plan to spin off its fixed-line network after the local regulator cut tariffs its rivals pay to access the grid. "The company's board acknowled
Read moreMUNICH, Germany, July 15 (Reuters) - Germany's Deutsche Telekom is keeping its options open as to whether it floats or sells EE, its joint venture with French rival Orange , an executive said on Monday. "We are open to both possibilities," Claudia Nemat, board member in charge of Deutsche T
Read moreROME/MILAN, July 15 (Reuters) - Italian phone company Telecom Italia could halt its plan to spin off its fixed-line network, a source familiar with the matter said on Monday, as a row over tariffs with the local regulator heats up. A failure for the spin-off project would be another setback
Read more* Researchers hack into Verizon Wireless network extender * Use hacked device to spy on Verizon mobile communications * Verizon says fixed bug so that others cannot repeat hack * Researchers say Verizon vulnerable to other hacks * Say equipment of some 30 other carriers al
Read more* Researchers hack into Verizon Wireless network extender * Use hacked device to spy on Verizon mobile communications * Verizon says fixed bug so that others cannot repeat hack * Researchers say Verizon vulnerable to other hacks * Say equipment of some 30 other carriers al
Read moreBy Jennifer Saba and Nicola Leske NEW YORK, July 12 (Reuters) - AT&T Inc will buy Leap Wireless International Inc for $1.19 billion, paying almost double the current value of the prepaid mobile service provider as major U.S. carriers scramble to acquire valuable wireless spectrum. The
Read moreMADRID, July 12 (Reuters) - Spain's telecoms watchdog said on Friday it had provisionally set prices for Vodafone and Orange to access Telefonica's superfast internet installations following an agreement between the three earlier this month. The prices offered to Orange and Vodafone to acc
Read moreBy Sinead Carew NEW YORK, July 11 (Reuters) - Sprint Corp on Thursday offered unlimited data services for the lifetime of an account, as the No. 3 U.S. wireless operator looks to lure customers away from bigger rivals Verizon Wireless and AT&T Inc. The announcement came just a day aft
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