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MADRID, April 10 (Reuters) - Telefonica said on Wednesday it is to offer consumers in Spain next week a superfast internet service for under 30 euros ($39.17) a month in a one-year promotion, heightening the already fierce competition in the country's telecoms market. The offer, which is 25
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Slowing inflation in China and a strong start to the US earnings season by Alcoa boosted the UK's resource-heavy FTSE 100 stock index on Tuesday, with miners leading the surge. Meanwhile, a raft of upbeat economic data from closer to the home lifted sentiment in the UK today, including better-than-
Read moreMiners were making impressive gains by Tuesday lunchtime after price rises in China slowed more than forecast in March, increasing hopes that the People's Bank of China will hold off from tightening policy for the time being. Chinese consumer-price inflation slowed to a 2.1% annual rate in March,
Read moreCanaccord Genuity has kept its 'sell' rating and 38p target price for Egyptian gold miner Centamin despite the strong first-quarter production figures announced on Tuesday morning, saying that legal issues still remain. The broker said: "Although we would expect shares to be stronger today we think
Read moreTradenext has highlighted a list of attractive opportunities on the London stock market given the recent weakness of the sterling pound. "A fall in the value of sterling will further support FTSE100 stocks and earnings, and make it easier for UK companies to sell their products overseas," said Ronn
Read moreBy Paul Sandle LONDON, April 9 (Reuters) - EE, Britain's biggest mobile operator, is on track to sign up 1 million customers for its 4G service by the end of the year, and is doubling connection speeds in 10 cities to encourage more people to make the switch, it said on Tuesday. The j
Read moreFRANKFURT, April 9 (Reuters) - Deutsche Telekom has received conditional regulatory approval to upgrade its copper network via a process called vectoring, or VDSL2, in order to offer faster Internet. The German federal network agency said on Tuesday in a draft decision that Deutsche Teleko
Read moreBRUSSELS, April 8 (Reuters) - The European Commission blocked plans by Germany to raise the fees operators such as Deutsche Telekom and Vodafone charge each other to connect fixed-line phone calls, in a sign of how Brussels is seeking to influence telecoms policy. The German telecoms regula
Read moreNEW DELHI, April 8 (Reuters) - India's Supreme Court has deferred a decision on whether Bharti Airtel's < chairman can be summoned in a case over alleged corruption in allocating mobile phone bandwidth, lawyers said on Monday. The lower court on March 19 had asked billionaire Sunil Mitt
Read moreNEW DELHI, April 8 (Reuters) - Telecom firms Bharti Airtel Ltd, Vodafone Group Plc's local unit and Idea Cellular can maintain until April 11 pacts allowing them to offer 3G services outside their licensed zones, India's supreme court ruled on Monday. The telecommunications ministry had ask
Read moreApril 8 (Reuters) - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange fell 0.42 percent, while the MSCI-Asia Pacific index excluding Japan was down 0.37 percent. * The yen tumbled broadly and Japanese stocks soared on Monday, reflecting high expectations for the
Read moreSTOCKHOLM, April 5 (Reuters) - Swedish-based mobile operator Millicom said on Friday it had joined bigger rivals including China Mobile in applying for a licence in Myanmar, hoping to get a share of a largely untapped market. Millicom has operations in Latin America and Africa, having pulle
Read moreNEW DELHI, April 5 (Reuters) - India's telecommunications ministry has asked Vodafone Group Plc's local unit and Idea Cellular to stop 3G services outside their licensed zones and imposed penalty on both carriers, a senior government official said, in a dispute that has dragged on for more than a
Read moreApril 5 (Reuters) - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange fell 0.5 percent, while the MSCI-Asia Pacific index excluding Japan was down 1.1 percent. * Japanese equities soared and the yen hit a 3-1/2-year low against the dollar on Friday after the Bank of Ja
Read moreBy Kate Holton LONDON, April 4 (Reuters) - China Mobile, Vodafone and a group backed by George Soros entered the race to secure a mobile licence in Myanmar, as the battle to operate in one of the last major untapped markets kicked off. The Chinese and British groups, the first and se
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