The battle over Telecom Italia seems to have to come to an end, as shareholders were called to elect a new board. Telecom Italia’s directors resigned last March. Paul Singer, head of Elliott Management, an activist fund, was successful to get two thirds of the seats. He won the battle over the French conglomerate, Vivendi. Despite only have 9% of the shares, Elliott was able to impose its team over Vivendi that possesses 24% of Telecom Italia. By pointing out the way Vivendi failed shareholder’s interest in Telecom Italia, Singer was able to get a vote in which they had two options. They could either pick up a board composed of ten Italian business personalities selected by Elliott, or keep a team made of Vivendi’s CEO and its employees for the most part. After that loss, Vivendi stated that it would “take all measures necessary to preserve its value and…
No doubt, “blockchain” is the hottest buzz word being discussed across all industries, and telecommunications is no exception. The blockchain is being proposed for use in various applications…
Yeastar is a Chinese company founded in 2006 and based in Xiamen. It offers innovative equipments in VoIP PBX systems and VoIP Gateways for the SMB. Since then,…
In India, the TRAI (Telecom Regulatory Authority of India) recommended that providers will be allowed to offer app-based VoIP services through Wi-Fi. Those calls will be considered the…
After months of battle and negotiations, the third and fourth largest wireless carriers in the U.S.A. finally agreed on a merger. The fusion between the two companies is…
Negotiations started recently between Microsoft and Apple on one side, and UAE Telecoms controllers on the other, in order to check if the ban on Skype and FaceTime…
The Irish government announced the signing with Apple of an agreement allowing the payment, in a blocked account, of 13 billion euros tax benefits deemed undue by the…
French startup “BlackBoxSecu” located on the Côte d’Azur, has made the first demo of its secure voice communication system CipherBOX (CBOX) on Orange and Free mobile networks. Commercialization…
To compete with Facebook’s Messenger and WhatsApp as well as Apple’s iMessages, Google is looking for bold new ideas. They have had a number of failures in this…
By the end of the first quarter 2018, revenues from the CRM (Customer Relationship Management) market had outperformed those of DBMS (DataBase Management Systems), making CRM the largest market…