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Canada Stocks-TSX snaps 5-day losing streak as industrials, telecoms gain

2013-04-09 09:06:21| Chemicals - Topix.net

The gold producers fell as the appetite for equities and comments by billionaire financier George Soros that gold has been destroyed as a safe-haven asset pushed bullion prices lower.

Tags: canada gain losing telecoms

 

Oracle expands in telecoms market with Tekelec takeover

2013-03-25 16:13:00| Telecompaper Headlines

(Telecompaper) Oracle is expanding further in the telecoms market with the acquisition of Tekelec for an undisclosed amount. Oracle already offers a range of OSS/BSS platforms for telecom operators, and last month it announced an agreement to take over SBC provider Acme Packet for USD 1.7 billion. It's now buying Tekelec to add network signaling, policy control and subscriber data management systems to its portfolio. Tekelec counts over 300 service providers in over 100 countries as customers. The US-based company's management and over 1,000 employees are expected to move to Oracle after the deal closes. Further details of the takeover were not disclosed.

Tags: market oracle expands telecoms

 
 

Global telecoms giant ZTE sees gold in Chinese roots

2013-03-25 00:56:24| Telecom - Topix.net

China's ZTE Corp, which helped bring the telephone to millions of homes during the Deng Xiaoping era, is counting on a new generation of tech-savvy smartphone users to drive at least $7.5 billion of 4G network projects and elevate its sagging fortunes.

Tags: global gold chinese giant

 

Global telecoms giant ZTE sees gold in Chinese roots

2013-03-24 22:49:35| Wireless - Topix.net

China's ZTE Corp, which helped bring the telephone to millions of homes during the Deng Xiaoping era, is counting on a new generation of tech-savvy smartphone users to drive at least $7.5 billion of 4G network projects and elevate its sagging fortunes.

Tags: global gold chinese giant

 

Mexican lower house approves telecoms bill

2013-03-22 09:33:00| Telecompaper Headlines

(Telecompaper) Mexico's lower house of Congress gave broad approval a major telecommunications reform bill recently introduced by president Enrique Pena Nieto. 414 lawmakers voted in favor of the reform and only 50 opposed, Reuters reports. Lawmakers must still vote on amendments to the bill. The bill is expected to pass Congress before the current session ends at end-April.

Tags: house lower bill mexican

 

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