France Telecom to create Internet devices with IBM

Article Abstract:

France Telecom SA has signed an agreement with International Business Machines, a manufacturer of computers and related equipment, to offer Internet service through equipment other than personal computers. Under the terms of the transaction, International Business Machines will supply France Telecom with a software platform that will allow the telecommunications company to provide Internet service through the use of mobile computing equipment as well as screen phones. The move is part of the efforts of the telecommunications services provider to reach out to customers who do not have access to conventional computers.

Comment:

Signs agreement w/ France Telecom SA to offer Internet service through equipment other than computers

Specialized Telecom Services, Strategic alliances, Internet services, International Business Machines Corp., Internet access software, France Telecom S.A.

---

Pinault-Printemps sets up Kertel

Article Abstract:

Pinault-Printemps-Redoute SA, a retailer based in France, unveiled a new unit called Kertel aimed at France's consumer long-distance telephone market. The new unit, which will act as an infrastructure operator as well as a distributor of phone services, will offer telephone cards in the next two weeks and expects to sell around 1 million in its first year of operation, said Kertel president Pascal Beglin. The annual demand for telephone cards in France is between 100 million and 120 million. Kertel, which is 96%-owned by Pinault-Printemps, currently has phone lines only in the Paris metropolitan area.

Comment:

New unit formed to offer telephone services aimed at France's consumer long-distance telephone market

Services introduction, Misc Telephone Svcs, Pinault Printemps-Redoute SA, Kertel

---

Ireland plans to sell 50.1% in phone IPO

Article Abstract:

Telecom Eireann will be privatized, the Irish government has announced. The government will sell 50.1% of Telecom Eireann shares, and may net as much as 4.44 billion euros from the deal, or 3.5 billion Irish pounds. Over 1.2 million people, or 33.3% of Ireland's population, have registered for the shares, which will be priced Jul 7, 1999. The government values the entire telephone company at at least E7.4 billion. A minimum of 40% will be sold to Irish retail investors, 40% to international investors, and 20% will be allocated between international and Irish investors at the end of the offer period.

Ireland, Telephone Communications, Telecommunications services industry, Telecommunications industry, Securities, Telecom Eireann

Similar abstracts:

• Abstracts: IFAP launches index to show IFA market share IFA proposes automatic shift from Serps to stakeholders REview saddles firms with 25,000 PI excess
• Abstracts: Sonera ja Telia ostivat enemmist n liettualaisesta matkapuhelinyhti st
• Abstracts: Tractebel joins its parent in bid for water plant. U.S.- French venture wins Atlanta water contract Saab-Embraer talks may yield contract

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.