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They often target earnings-eating activity such as development of telecom infrastructure, new technologies, or new pharmaceuticals.
That led to the development of telecom infrastructure in cities across the U.S. and another multi-million-dollar business.
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As it enters into legacy support and availability, the cost of TDM technology is prohibitive to development of a telecoms network suitable for smart grid.
Chairing both Cheung Kong and Hutchison, he stays current with a roster of operations that extends from development to telecom, utilities, retail, online media and petrol.
A sale would be a potentially worrisome development for telecom providers.
The entrepreneurial phase in this latest cycle of telecom development is coming to an end, just as it did in the history of the telegraph and telephone.
Orckit Communications, together with its subsidiaries, engage in the design, development, manufacture and marketing of telecom equipment that enables transmission of broadband services.
It has businesses ranging from infrastructure to food retailing to property development to telecoms.
Mobile phones have already enabled poor countries to leapfrog a few stages of development in telecoms and, in some cases, finance.
It is also engaged in the research & development, production and marketing of communication testing equipment and monitoring system of telecom network.
A short early evening statement, without any quotes from the departing chief executive, noted that there was "a divergence of views on the strategic development" of Europe's largest media and telecoms group.
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