Your English writing platform
Discover LudwigSuggestions(1)
Exact(9)
Finally, BATM Advanced Communications slumped 15% to 17.125p after the company warned its earnings would be below market expectations, following lower than expected revenues at its telecoms division.
Specifically, the telecoms division has seen lower than anticipated revenues from clients in the US and in Latin America, with a 10% appreciation in the Israeli shekel against the US dollar also hurting profitability.
Robin Speakman at BATM's broker Shore Capital said: After posting an encouraging performance for its third quarter period last October, BATM has seen tougher trading conditions continue in its telecoms division through the fourth quarter period.
The board of Vivendi – whose assets include Universal Music, Call of Duty publisher Activision Blizzard, pay-TV business Canal+ and telecoms division SFR – announce Levy's departure following a meeting at the end of the day on Thursday, after news of his suddent exit was revealed by an online report by Le Figaro newspaper.
The senior man says he did not inform his superiors.The Munich investigation is potentially more embarrassing for Siemens because it involves more money at least €400m allegedly misappropriated in its telecoms division for bribery and other uses and allegations against former board members.
SonaeCom, the majority owned telecoms division of Sonae SGPS would undergo a capital increase of up to $1.8 billion to help add to his coffers.
Similar(51)
By Mr Fourtou's own admission there is no synergy between Vivendi's entertainment and telecoms divisions, and one of them will have to go within the next couple of years.
The company has already announced plans to sell its stake in a Moroccan telecommunications company and, more important, study a move to spin off its SFR telecom division to focus on media.
Prior to the formation of Embarq, Hesse served as CEO of Sprint's local telecom division for one year.
Daniel R. Hesse, currently chief executive of Sprint's local telecom division, will be Embarq's president and CEO.
The entrepreneurs behind one-year-old Spotcast are Marc Owensby, 39, the former vice president of Lockheed Martin's international telecom division; his twin brother, Craig; and sister, Lauren Wilson.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com