Topics Mobile Tech News Saturday, February 23

Headlines

Contact us


Site search:
complete archives list




Site Sponsors:


Don't forget AT&T and Verizon promo codes at Sidepon.com to save money.


British Telecom Shares Soar on Plan to Create Global Mobile Internet Unit
Posted: 09-Mar-2000 [Source: Bloomberg]

[The stock market reacts to BT plans to set up a separate mobile Internet business.]

London -- "British Telecommunications Plc shares rose 12 percent after the company said it will set up a separate mobile Internet business, fueling speculation the U.K.'s largest phone operator may sell shares in its fastest-growing units.

"The company's shares rose 144 pence to 1,315p, the biggest one-day rise in at least a decade. BT's market value rose by 9.4 billion pounds ($14.8 billion), more than the total value of BAE Systems Plc, Europe's biggest weapons maker.

"BT will invest 160 million pounds in the new unit to promote a mass-market wireless Internet use. Deutsche Bank analysts asserted BT is preparing to follow other former monopolies such as Telefonica SA and Deutsche Telekom AG in selling shares in their mobile-phone, online-service and other fast-growing units. BT declined comment.

More...

Back to Headlines...

Apple Watch Apple Watch

iPhone 6 and iPhone 6 Plus iPhone 6 and iPhone 6 Plus

Amazon Fire Amazon Fire

Samsung Z - Tizen Samsung Z - Tizen

LG G3 LG G3

HTC One mini 2 HTC One mini 2

OnePlus One OnePlus One

HTC One (M8) HTC One (M8)

Samsung Gear 2 Tizen Watch Samsung Gear 2 Tizen Watch

HP VoiceTab HP VoiceTab

T200 octa-core T200 octa-core

Nokia 2520 Tablet Nokia 2520 Tablet

Samsung Galaxy Round Samsung Galaxy Round

BlackBerry Z30 BlackBerry Z30

iPhone 5S and iPhone 5C iPhone 5S and iPhone 5C

Samsung Galaxy Mega Samsung Galaxy Mega

Sony SmartWatch 2 Sony SmartWatch 2

iOS 7 iOS 7

Jolla Jolla

BlackBerry Z10 BlackBerry Z10

Galaxy S 4 Galaxy S 4

Galaxy Note 8.0 Galaxy Note 8.0

Ubuntu on Tablets Ubuntu on Tablets

LG Optimus G Pro L-04E LG Optimus G Pro L-04E

Firefox OS Firefox OS

Sony Zperia Z Sony Zperia Z



 

Valid HTML 4.1!

RSS © 1999-2019 Traques LLC
All times recorded in UTC
webmaster@MobileTechNews.com