We predicted that despite a record of impressive earnings gains and plump profit margins, the now $23 billion (1998 revenues) telecommunications giant faced a bumpy future because of a weak Asian economy, a new generation of competitors and its failure to embrace a key wireless technology, CDMA (code division multiple access).
The British telecommunications giant had faced a nervous wait for at least 75 percent of Kabel's shareholders to tender their shares ahead of a deadline on Wednesday.
Sean, 53, a telecommunications engineer and Navy veteran, has worked as a white-water river guide in the Pacific Northwest, gone on 100-mile bike rides and faced a mother bear and her cub at a campsite in California.
Qwest Communications International, the telecommunications company facing a probe of its accounting, said it received waivers on its financial reporting from lenders, and said it is on target to meet its 2003 financial goals.
LONDON — The British telecommunications giant Vodafone faces a nervous wait on Wednesday as the shareholder voting deadline approaches for its proposed takeover of the German cable operator Kabel Deutschland for 7.7 billion euros, or $10.1 billion.
OTTAWA — With the record-setting $50 billion leveraged buyout of Bell Canada all over except for the potential litigation, the company, Canada's largest telecommunications company, once again faces a possibly bigger issue: reversing the seemingly relentless decline of its business.
KPN, the former Dutch mobile phone monopoly, is facing a 7.2 billion euro takeover offer from the Latin American telecommunications company América Móvil.
Facing a reduction in consumer spending across the Continent, many European telecommunications operators are searching for ways to increase their cash reserves.
His Democrat Party is facing a strong challenge from a new party, the Thai Patriot Party, formed by Thaksin Shinawatra, a telecommunications tycoon.
Many Korean mobile firms are facing a ban on signing up new customers, imposed by the country's telecommunications regulator.
