Industry
Li Ka-shing consortium to buy EDF's UK arm for $9.1 billion
30 Jul 2010
The Hong Hong consortium's offer is about £1.8 billion more than what EDF had expected when it initiated the process of selling its UK electricity distribution arm n October 2009.
Portugal Telecom to sell Vivo stake to Telefonica for $9.8 bn
29 Jul 2010
The culmination of the deal ends a potential lengthy and costly court battle, which could have dragged on for years and also embarrassed the Portuguese government.
DoT issues tough new norms for imported telecom equipment
29 Jul 2010
The government has laid down stringent security norms for imported telecom equipment, mandating compulso9ry inspection of vendors' gear and making carriers solely responsible for the security of their networks