TELECOM Digest OnLine - Sorted: TelecomDirect News Daily Update - Tuesday, February 28, 2006

TelecomDirect News Daily Update - Tuesday, February 28, 2006

telecomdirect_daily (
Tue, 28 Feb 2006 11:50:51 -0500

PricewaterhouseCoopers Presents
The TelecomDirect News Daily Update
For February 28, 2006

Cisco Systems Closes Scientific-Atlanta Deal for US$6.9 bil.

Cisco Systems announced yesterday (27 February 2006) that it has
completed the US$6.9 billion acquisition of set-top box maker
Scientific-Atlanta in the United States, according to the Wall
Street Journal, which represents Cisco's largest acquisition to
date. Significance: Cisco has used a different strategy for this
buy-out -- instead...

Cable & Wireless Aims to Cut Staff in Half

LONDON -- Cable & Wireless Group PLC, Britain's second-largest
telecommunications company, said Tuesday that it aims to shed up
to half of its work force, or up to 3,000 jobs, within five
years. The company said it envisaged cutting staff from the
current 5,500 to between 2,500 and 3,500 as it concentrates on
fewer and larger...

CTIA: Leave DE Alone

WASHINGTON -- CTIA is opposing the FCC's proposal to restrict
bidding requirements in the upcoming advanced wireless services
(AWS) auction. The organization said in comments filed late
Friday that the agency's proposed restriction of "designated
entity," or DE, partnerships formed between small carriers and
larger incumbent...

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