EU submits a list of proposals aimed to improve the EU telecommunications industry. In its newest attempt to overhaul the European Union's telecommunications industry, a proposal to place a price cap on cross border phone calls in Europe was made.
Telecommunications
Maker Studios raised USD26 million for offshore expansion
Youtube network company Maker Studios recently concluded its Series C funding that it had started in December last year with an additional USD26 million in commitments.
Vivendi nearing spin off, Bollore is new deputy chair
According to a Bloomberg report, Vivendi SA would be moving closer to a spin off of its telecommunication and media assets, with investor Vincent Bollore appointed as new deputy chairman.
Softbank Corp plans to sign loan agreement worth JPY 1.98 trillion
Softbank Corp planned to ink a loan agreement with 19 banks tomorrow to refinance its debt when it purchased Sprint Corp in July.
CORRECTION: Southeastern Asset stake in News Corp "fishy" - analysts
Analysts had said that Southeastern Asset Management's purchase of a 12% voting stake in News Corp was dubious.
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Former ESPN President and former Microsoft CEO are amongst the new appointees to the SiriusXM board of directors.
Facebook Inc. stock had reached another milestone following a rocky debut on Wall Street last year. On Wednesday, the shares of social media giant Facebook Inc.
Telefonica is reviewing proposals to assist Telefonica Italia shareholders unload their shares, among other options as the company moves forward.
The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.
The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.
John Landgraf, Chief executive of FX Networks, criticized CBS and Amazon openly about their current agreement for the latter to stream episodes of new shows like "Under the Dome" days after it aired on primetime TV.
Verizon Communications Inc. latest corporate bond sale was expected to fetch around USD49 billion. The financial market would be expecting Verizon Communications Inc.
Magazine publisher Time Inc. purchased the publishing arm of American Express Co as part of its plans to spin off from its parent Time Warner Inc.
Vodafone Group has only a few hours left to acquire 75% of Kabel Deutschland's shares to tender its EUR7.7 billion or USD10.2 billion offer.
