Feeds

Vodafone pays £1.8 billion for Swisscom Mobile

NEC eyes AOL Europe and Wanadoo - and there's more besides

  • alert
  • submit to reddit

High performance access to file storage

Vodafone is to acquire a 25 per cent equity stake in Swisscom Mobile in exchange for £1.8 billion. Vodafone can pay for the stake in cash, shares or a combination of the two as it sees fit. In return Swisscom will get access to Vodafone products and services and will take part in its supply chain management.



Japanese giant NEC is reportedly having cosy chats AOL Europe about a possible tie-up. The

WSJ

reports that NEC's president Koji Nishigaki is even considering an equity stake in the outfit. NEC is reportedly also flirting with France Telecom's subsidiary ISP, Wanadoo. A spokesman for AOL Europe declined to comment.




Online auction house, eBay, has sacked 32 employees at it fine arts outfit, Butterfields, due to restructuring. Yesterday, online chat outfit, Dobedo, confirmed it had sacked 23 people.




Venture capitalists, Redbus, has reported quarterly operating losses of £1.92 million on turnover of £1.1 million for the period ending September 30. It says its cash balance now stands at £100 million. Both turnover and losses were higher than in the previous quarter. The company also announced plans to open four new offices in Madrid, Frankfurt and two in London.




Netcall - which provides a range of Net based solutions and reported a £2.49 million loss before tax for the year to June 30 - plans to raise £4.4 million with the issue of 6.7 million new shares. The cash will be used to grow the business. ®



Read Cash Reg - or the puppy gets it.

Top three mobile application threats

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.