Enel S.p.A wrote down the value of its Wind telecommunications unit by 1.51 billion euros ($1.47 billion) and postponed the sale of the unit, Italy's second-biggest telephone company, for at least two years.
C1 Groups Bid for Telecom Unit Two groups of investors made offers for control of Wind, the telecommunications arm of Enel, Italy's biggest utility.
[C7.] Bidders to Seek Italian Mobile Unit At least two bidders are expected to make offers this week for Wind, the telecommunications unit of the Italian energy group Enel, which is valued at about $17.3 billion.
The two governments will soon kick off talks about cooperation in the telecommunications, semiconductor lighting and wind power sectors, according to Xinhua.
To speed the debt-reduction process, France Télécom announced today, it is selling assets that it had previously intended to keep, including its 25.6percentt stake in Wind, the Italian telecommunications company.
MasTec, a Coral Gables, Fla.-based company that builds oil and gas pipelines, wind farms and telecommunications networks, has added 4,000 new positions since January and expects to hire at least 4,000 more employees next year.
Wind Hellas, the Greek telecommunications company that recently entered a pre-packaged bankruptcy, said attempts to restructure its debt would have been complicated by the presence of credit default swap holders.
The flameout of the telecommunications sector, when it is over, will wind up costing investors hundreds of billions of dollars.
In "The Wind Will Carry Us," a telecommunications engineer (he has no name) arrives in a small mountain village with colleagues whom one never sees.
Several rival telecommunications companies, including Vodafone Italia, Fastweb and Wind, boycotted a recent farewell speech by the current head of the regulatory panel, Corrado Calabr?hose mandate expires in July.
