Sunday, Apr 28, 2013 10:32 PM PDT | |
Today's Reuters Technology News Headlines - Yahoo! News: |
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Analysis: China's 4G bonanza to shake up mobile gear vendor market Sunday, Apr 28, 2013 10:32 PM PDT By Simon Johnson and Leila Abboud STOCKHOLM/PARIS (Reuters) - Chinese telecom operators will start awarding contracts for super-fast mobile networks this year, kicking off the third wave of a global investment cycle that is reshaping the competitive landscape among telecom equipment makers. China, the world's biggest mobile market with 1.1 billion subscribers, is likely to further alter the picture at the expense of European suppliers by giving a huge boost to Huawei and its smaller Chinese rival ZTE. ... Full Story | Top |
Analysis: Tax strategy may be key to Verizon Wireless deal Sunday, Apr 28, 2013 10:03 PM PDT By Kevin Drawbaugh and Nanette Byrnes (Reuters) - Verizon Communications Inc's chances of buying the 45-percent stake in Verizon Wireless owned by the UK's Vodafone Group Plc will hinge, at least in part, on the quality of tax advice it is getting. Verizon, the No. 2 U.S. telecommunications company, may have found a way to structure a purchase of the stake so that Vodafone can avoid a multi-billion dollar U.S. capital gains tax bill, sources familiar with Verizon's plans said. The possibility of a huge tax bill has previously been regarded by analysts as a big hurdle to any such deal. ... Full Story | Top |
Maverick operator Digicel takes on the big boys in Myanmar Sunday, Apr 28, 2013 02:05 PM PDT By Jeremy Wagstaff SINGAPORE (Reuters) - Cellular operator Digicel Group Ltd jumped into Myanmar early and big, hiring staff, funding local sports, negotiating land deals for thousands of cell tower sites and signing up hundreds of partners for retail outlets. The strategy helped propel it onto the shortlist for a mobile license in one of the world's last mobile frontiers, putting an operator that ranks 65th globally in terms of customers up against giants such as Vodafone Group Plc. ... Full Story | Top |
Activision CEO Kotick among top-paid CEOs in U.S Sunday, Apr 28, 2013 01:08 PM PDT (Reuters) - Videogame publisher Activision Blizzard Inc's Chief Executive Robert Kotick received a total compensation of $64.9 million last year, making him one of the top paid CEOs in the United States. Kotick's 2012 total compensation includes about $56 million in stock awards, while there were no stock awards for 2011. His base salary doubled to $2 million, according to regulatory filings on Friday. (http://r.reuters.com/bew67t) The $56 million in stock awards will be paid over five years and is contingent upon meeting certain goals for company performance. ... Full Story | Top |
Dell investors may still gain after Blackstone pullout: Barron's Sunday, Apr 28, 2013 09:59 AM PDT NEW YORK (Reuters) - Dell shareholders could still stand to profit even after Blackstone Group LP withdrew its bid to buy the world's No. 3 personal computer maker more than a week ago, Barron's said on Sunday. On April 19, Blackstone's move knocked Dell shares to a two-month low and narrowed the fight for Dell between activist investor Carl Icahn and the company's founder Michael Dell and Silver Lake Partners, the newspaper said. Blackstone dropped its bid for Dell at $14.25 a share, citing deteriorating demand for PCs. On Friday, Dell's stock closed at $13.35, below the $13. ... Full Story | Top |
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