Oi SA plunged following its announcement about an unexpected loss and reduction of its dividend payment.
Telecommunications
Defined mission needed for Al Jazeera to get American Audience: experts
Experts said Al Jazeera America needs to define its mission to be able to succeed with its American audience.
BlackBerry resources could appeal investment
Analysts disclosed that BlackBerry's assets could attract investors. Reports have resounded Blackberry's confirmation in contemplating alternatives to boost the company position up, including a sale of the company In connection to this, Reuters divulged an overview of BlackBerry's resources in a report that may entice investors.
Sony wins a deal with Viacom for TV streaming services
A source said Sony Corp reached a preliminary agreement with Viacom Inc. for television streaming services.
Rostelecom readying share buyback - Russian media
Russian media that reported Rostelecom would be offering a 30% buyback of its shares worth USD 909 million from its minority stakeholders.
Latest News
Worldwide Marketing Services firm Publicis Groupe acquired Enguage Marketing from Halyard Capital. Halyard Capital sold its portfolio company Engauge Marketing to Publicis Groupe.
The New York Times' website was down for about 2 hours earlier today. New York Times readers were unable to access its website for about 2 hours earlier today.
The EU approves the joint venture to create a new mobile commerce venture in Spain. A new venture that focuses on the future of mobile commerce in Spain has been approved by the European Commission.
Sources said DoCoMo would select from the smartphone models of Fujitsu, Sharp and Sony for the company's major winter product lineup.
Liberty Global said it would exhaust all legal avenues to fight a recent decision issued by a German court nullifying its purchase of a cable firm
An independent foundation of KPN questioned billionaire Carlos Slim's motive for bidding for the remaining shares of the Dutch firm that he does not already own.
Extreme Reach said it had agreed to the acquisition of the TV business of Digital Generation for USD 485 million.
Triton Fund announced that it would acquire Alpine Energie from FCC. The Triton Fund announced that it had agreed to purchase Alpine Energie from Fomento de Construcciones y Contratas SA (FCC).
In a released statement, the European Commission questioned Italian telecom watchdog AGCOM about the changes it wanted to implement to the prices of broadband.
