Technology, Media & Telecommunications Headlines

Comcast in talks with Charter over divestitures -source

April 19 - Comcast Corp is in talks with Charter Communications over selling or spinning off roughly 3 million subscribers worth approximately $18 billion to $20 billion as part of the divestitures related to its $45.3 billion takeover of Time Warner Cable, according to a source familiar with the matter.

Fri, Apr 18 2014

UPDATE 1-Telus in new agreement to buy Canadian startup Mobilicity

(Recasts first sentence, adds comment from government spokesman)

Telus gets another chance to buy Canadian startup Mobilicity

April 18 - Telus Corp, one of Canada's dominant telecom providers, has won another chance to overcome objections by the government to its takeover of struggling wireless startup Mobilicity.

Russia's Vimpelcom solves Algeria dispute with $2.6 bln deal

MOSCOW, April 18 - Russian telecoms operator Vimpelcom said on Friday it had resolved an ongoing shareholder battle in Algeria with the sale of a 51 percent stake in Orascom Telecom Algeria to the Algerian National Investment Fund for $2.6 billion.

Seat Pagine Gialle may shut for business due to "significant uncertainties" -PwC

MILAN, April 18 - Italian yellow pages company Seat Pagine Gialle may cease to operate as last year's accounts showed "significant uncertainties", its auditors PricewaterhouseCoopers (PwC) said.

Thu, Apr 17 2014

Patent fund handed damaging ruling in lawsuit against investor

SAN FRANCISCO, April 17 - Patent owner Intellectual Ventures cannot present key damages evidence in a lawsuit against chipmaker Xilinx, a U.S. judge has ruled, which could force an end to the bitter case between IV and one of its investors shortly before trial.

Sprint/T-Mobile merger may prompt U.S. FCC to rewrite auction rules

* Planned 2015 spectrum auction rules could put restrictions on largest carriers

Deals of the day- Mergers and acquisitions

(Adds Athasbasca, America Movil, Barnes & Noble; Updates Etihad Airways, Post Holdings)


Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.