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Pensions regulator to appeal Nortel ruling

Britain’s pensions regulator is set to appeal the decisions of US and Canada courts that bar it from laying claim on the assets of the telecoms equipment manufacturer, which went bankrupt in 2009

Mexico’s Slim heads Forbes rich list

Carlos Slim, the Mexican telecommunications billionaire with a net worth of $53.5bn, has been crowned the world’s richest person by Forbes magazine – the first time in 16 years the post has been held by a non-American.

Beijing faces ‘triple play’ rivalries

China’s three big telecom operators prepare for competition from companies outside the industry as convergence between telecoms, broadcasting and the internet looms

China Mobile seals stake in Pudong

China Mobilehas agreed to pay Rmb39.8bn for a 20 per cent stake in Pudong Development Bank, closing a deal that unsettled investors when news of it started leaking two weeks ago

Official behind Nitel sell-off suspended

Nigeria’s acting president has suspended the head of the body handling a controversial $2.5bn bid for Nitel, the former telecoms monopoly

Telecoms turnround architect emerges

Staff morale has been restored at the deeply troubled division after four years, in advance of the long-awaited demerger of Worldwide and Cable & Wireless Communications

C&W arm eyes Asian expansion after listing

The telecoms group’s UK business is stepping up its efforts to achieve growth in emerging markets as it secures a stock market listing later this month

Sony Ericsson scales back WTA sponsorship

Sony Ericsson is to announce a two-year extension of its financial support for women’s tennis, although it is scaling back its financial commitment

Vivendi’s love affair with Brazil raises eyebrows

Chief of the French media and telecoms conglomerate seems enthralled with the country where it last year snapped up GVT, but analysts have raised doubts about the move

Vivendi eyes Brazil mobile sector

The French conglomerate is considering moving into Brazil’s highly competitive mobile phone market after finalising a €3bn deal to buy one of the country’s fixed-line broadband companies

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