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At a market cap of $43 billion, Siemens has lost only 16% of its value in the last year in a period when pure telecom equipment plays were down 60%.
A few years ago, Heinrich von Pierer, the CEO of Siemens, received this advice from his investment bankers: Shed the traditional heavy industrial units and become a pure telecom equipment company.
This is BT's first solo step into the world of Web 2.0 services, outside of their Yahoo partnership, and is a very important step in their (r)evolution from a pure Telecom company into a web services organisation.
Similar(57)
Mr Ranque thinks not, since Alcatel is trying to turn itself into a pure telecoms concern.
"Sun is as pure a telecom play as you can get," says Robert Rosenberg, president of Insight Research, a Parsippany, N.J.-based telecom research firm.
A few months ago it seemed that Vivendi would become a pure, if unexciting, telecoms company, after selling its entertainment assets and Universal Music, its huge music business.
So the do-it-yourself Internet investor — especially the slightly cowardly, which is what we all should be — should package cable and telecom firms and infrastructure providers along with purer portal operations.
Amid European telecoms' dealmaking frenzy, Bouygues due to be listed on the New York Stock Exchange this fall represents the only pure mobile-telephony play in France, the Continent's second-largest economy.
Telecom — hit or miss".
The telecom companies got immunity.
Bonds issued by telecom companies.
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