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LookSmart in BT portal deal

LookSmart in BT portal deal

LookSmart (Nasdaq: LOOK) will form a joint venture with British Telecom (NYSE: BT) to create and distribute portal services in Europe and Asia. The companies said they also plan to develop services for broadband and wireless application protocol devices.

November 9, 1999 by in Telcos

British Telecom boogies to Napster

British Telecom boogies to Napster

As music industry executives line up to condemn Napster, the music sharing phenomenon being sued by Heavy Metal band Metallica, the controversial service found a friend in British Telecom, kicking off yet another copyright furore. Unlike telecoms providers across the pond, BT has labelled Napster "innovative" and has confirmed it has no plans to block its users from using the service, even though it effectively turns a user's machine into a server.

May 20, 2000 by in Telcos

SingTel Mobile and Virgin in billion dollar cellular venture

SingTel Mobile and Virgin in billion dollar cellular venture

SINGAPORE -- With an eye for the combined 55 million strong cellular market of Singapore, Hongkong, and South Korea, SingTel Mobile and Virgin Management Ltd (Virgin) have signed a Memorandum of Understanding (MOU) to create a billion dollar venture to offer cellular services throughout most of Asia and Internet services in Singapore. SingTel Mobile and Virgin will negotiate and finalize definitive agreements by August 2000.

May 20, 2000 by in Telcos

Free Virgin Net appliances don't pay off

Free Virgin Net appliances don't pay off

The 10,000 Web users who agreed to let Virgin Entertainment track their every click in return for a free Web-surfing device and three years of cheap, unlimited service will be facing a blank screen next week.Internet Appliance Network, the closely held Boxborough, Mass.

November 9, 2000 by in Telcos

Wireless to rake in $1 trillion by 2010

Wireless to rake in $1 trillion by 2010

The wireless phone industry’s struggles to find new ways of making money will have a $1 trillion payoff by 2010, a new study suggests.The UMTS Forum, a group of more than 100 telephone service providers and equipment makers led by British carrier Vodafone Group and including NTT DoCoMo, Texas Instruments and Lucent Technologies, is predicting there will be $1 trillion in total revenues for telephone service operators between now and 2010.

April 30, 2001 by in Telcos

Cable rupture cripples Australian phone service

Cable rupture cripples Australian phone service

Telecommunications in Australia were crippled Friday with a meltdown in the network of one of the country's largest carriers.The main fiber-optic cable used in the Cable & Wireless Optus network was cut, according to reports, severing an important artery between Sydney and Melbourne, and launching networks into chaos.

May 4, 2000 by in Telcos

British Telecom to buy out partner

British Telecom to buy out partner

British Telecommunications Plc is poised to buy out its partners for complete ownershipof German phone and internet joint venture Viag Interkom AG, the Independent newspaper said on Sunday. The paper said BT, which owns 45 percent of the jointventure, is poised to pay $5 billion for the 55 percent stakeit does not already own.

October 23, 1999 by in Telcos