Word: telecoms
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...while it's clear that there will be some big winners from the tidal wave of cash being spent by China's carriers - China Mobile, China Telecom and China Unicom - it remains to be seen which of the mobile-service providers and equipment manufacturers will manage to grab the largest slice of the pie. Another issue that remains very much in the balance is the fate of Beijing's attempt to bolster the country's technological chops by force-feeding the industry a homegrown version of 3G. More broadly, critics say that the long delay in granting 3G licenses - widely...
...surprisingly given Beijing's stated policy of encouraging the development of domestic technological innovation, Chinese firms like TCL are set to be the biggest winners in the 3G boom. Foreign telecom-equipment vendors like Nokia-Siemens, Ericsson and Alcatel-Lucent now account for roughly two-thirds of the 2G market. That figure is expected to decline when 3G is fully in place with foreign companies accounting for only about a third. The lion's share of the market will be taken by China's two largest equipment vendors, Huawei and ZTE, which will between them share about half...
...call themselves the People's Alliance for Democracy (PAD). But they represent neither the majority of Thai people nor universal democratic values. Their mission is to erase from government any influence of billionaire populist Thaksin Shinawatra, who was deposed as Prime Minister in a 2006 army coup. Although the telecom tycoon is beloved by many poor Thais who once gave him a record electoral mandate, the urban middle class, which forms the bedrock of the PAD, accuses Thaksin of being a power-hungry strongman. In October, the former P.M. was sentenced in absentia to two years' imprisonment for a conflict...
...create something new," Slim says. For instance, he adds, "it allows us to think seamlessly about our clients' social and core business interests, recommending community and commercial opportunities simultaneously." Each team is given a mission, resources and a deadline. "Then we let them go and do it," Butler says. Telecom giant Vodafone, which recently bought Ghana Telecom, is using CforC to help it find useful projects in Ghana to get involved in. CforC's team includes an African anthropologist, an academic expert on aid flow in Ghana and a former NGO executive. Says Vodafone chairman John Bond enthusiastically: "CforC works...
...runs $55 billion worth of infrastructure assets, including ports in Britain, an Irish phone company, real estate across Italy, France, Germany and Japan, a fleet of jets, Australian gas, American rail stock, even a telecom cable under San Francisco Bay. Now the credit crunch is forcing it to sell off assets to cut its debt, estimated to total $35 billion...