Investors circle PCCW, reports
A Hong Kong investor is looking to purchase phone operator PCCW, according to reports in The South China Morning Post. The investor is expected to announce a $1.35bn offer for the controlling stake in PCCW sometime today. According to other reports, the firm’s board met Monday on the potential sale. Details were not available. The [...]
Don’t panic over VoIP says Moody’s
Moody’s Investors Service says Voice over IP (VoIP) technology poses little or no risk to European telephone companies, in its latest report on the telecoms industry. The firm predicts that while VoIP services will erode telecom revenues, the effect will be minimal and, thankfully, gradual, allowing telcos to offset the losses with gains in broadband [...]
Joost goes live with internet TV
Joost, the TV over internet service from the brains behind Skype, said Tuesday that it has launched commercially. Although this does not mean it has thrown the doors open to all and sundry just yet, rather existing beta testers now have unlimited invites to hand out for those wanting to get in on the service. [...]
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