The European Union's legislative branch, the European Commission, has approved a pending joint venture between British Telecommunications PLC and AT&T on the condition that AT&T sells off its own long-distance carrier in the UK, among other concessions.
Stories by Kristi Essick
Optical networking vendor Ciena plans to acquire two companies working in the fibre optic realm -- switch maker Lightera Networks and Omnia Communications, a supplier of transport and access products -- in a stock swap valued at $US980 million.
Global One, the joint venture between Deutsche Telekom AG, France Telecom SA and Sprint, has rolled out a managed voice and data service that it says is much more cost-effective than leasing lines for multinational companies.
At the same time as announcing flat operating profits for 1998, French telecommunications equipment manufacturer Alcatel said yesterday it planned to cut 12,000 jobs worldwide as part of a massive restructuring, a spokesman confirmed.
As part of an overall restructuring plan aimed at offering more Internet products and services, Groupe Bull SA will lay off 1800 employees around the world, a spokesman confirmed yesterday.
Thanks to a project led by the Réunion des Musées Nationaux (RMN), three famous French museums will soon open virtual boutiques on the Web.
While the world marvels at the seemingly endless ascent of Yahoo's stock price, the company doesn't even think about its share price on a day-to-day basis, preferring to focus instead on building a sustainable business model for the future, said CEO and president Timothy Koogle here yesterday.
A 16-year-old Irish student has developed an encryption algorithm that she claims is much faster than the widely used RSA cryptography system from RSA Data Security.
Global One, the joint venture between France Telecom, Deutsche Telekom and Sprint, has signed a deal with the North American Treaty Organisation (NATO) to provide telecommunications services to government agencies within NATO member states.
Following confirmation Sunday that Bell Atlantic is in talks to acquire AirTouch Communications, the UK's Vodafone Group may now be stepping up to make a counteroffer for the US cellular phone company.
Continuing its expansion into the European Internet services market, British telecommunications company Cable & Wireless yesterday acquired ECRC Network Services for 27.5 million pounds ($US45.65 million) in cash.
As data and voice networks continue to converge in the enterprise, telecommunications and data networking outsourcing contracts are becoming more closely intertwined and a host of French companies are hoping to ride this new wave in services.
IBM Corp. today will announce a free, open-source software application aimed at improving the security and reliability of Unix-based e-mail communications, a company spokesman confirmed.
Swedish telecommunications equipment maker LM Ericsson Telephone yesterday blamed the "global financial crisis" for what it predicts will be lower-than-expected profits and earnings for the 1998 fiscal year.
Amid the hubbub of Tuesday's news that AT&T plans to buy IBM's global network for $US5 billion, one silent partner that could greatly affect the deal lurked quietly behind the scenes -- British Telecommunications.