Several days after U.S. consumers filed a class-action suit against America Online Inc., a German trade group is warning consumers against installing the latest version of AOL's internet access software, AOL 5.0.
Europe's biggest telecommunications players are likely to come under increased pressure to become even larger in the wake of the merger announced late yesterday between Mannesmann AG and Vodafone AirTouch PLC, analysts said today.
Calling it the "will of a majority of its shareholders", Mannesmann has agreed to a friendly takeover offer from Vodafone.
Ending months of wrangling, Mannesmann accepted Vodafone's sweetened bid of 58.96 shares of Vodafone stock for each share of Mannesmann, the German conglomerate said in a statement issued yesterday.
Mannesmann AG's supervisory board has approved the merger agreement struck yesterday with Vodafone AirTouch PLC, Mannesmann said in a statement today.
After months of fighting a takeover offer from Vodafone AirTouch PLC, Mannesmann AG today confirmed that it is holding discussions with the U.K. mobile phone carrier.
Hewlett-Packard Co. (HP) and France's Alcatel SA today said they will work together to offer service providers products that give end-users access to Internet-based services via fixed terminals or mobile devices.
L.M. Ericsson Telephone Co. and Qualcomm Inc. today said they will cooperate on developing products that support both Bluetooth, the short-range wireless specification, and the CDMA (code division multiple access) digital wireless standard.
Citing costs related to construction of its wireless network, Sprint Corp. today reported a consolidated US$935 million loss for operating activities for the fiscal year, which ended Dec. 31, 1999, compared to $414 million in 1998. Fourth-quarter per-share income from core operations, however, managed to beat analysts' expectations.
Oracle Corp. today launched what it calls the E-Business Network, an Internet-based news network that covers electronic business.
Vodafone AirTouch PLC and French conglomerate Vivendi SA over the weekend announced an alliance that they promise will create one of Europe's key Internet businesses. The provisional agreement, however, hinges on the success of Vodafone's bid for German conglomerate Mannesmann AG.
Vodafone AirTouch PLC and French conglomerate Vivendi SA over the weekend announced an alliance that they promise will create one of Europe's key Internet businesses. The largely provisional agreement, however, hinges on the success of Vodafone AirTouch's bid for German conglomerate Mannesmann AG.
France Telecom has won the bidding for control of Global One, its alliance with Deutsche Telekom and Sprint.
IBM Corp., Germany's Infineon Technologies AG, and United Microelectronics Corp., the Taiwanese chip manufacturer, today said they have agreed to jointly develop advanced technologies used to produce semiconductors.
Bertelsmann AG chief Thomas Middelhoff yesterday resigned from America Online Inc.'s (AOL) board of directors.
Sprint Corp. today detailed its agreement for disengaging itself from Global One Communications Inc., its global partnership with Deutsche Telekom AG and France Telecom SA.