TELECOM IN TODAY'S NEWS

摘要

Top StorynnCommunications Daily* –- Rep. John Dingell, D-Mich., is expected to beat back a challenge by fellow Democrat Henry Waxman of California for the Commerce Committee chairmanship (p1; Washington Internet Daily*, p1). nnnAmong Othersnn(London) Mail on Sunday -- AT&T has held talks with Cable & Wireless about buying the U.K. company’s fixed-line operations in Europe, Asia and the U.S.nnWall Street Journal* -- Telecom equipment vendors face a tough 2009.nn -- The cellphone industry is hitting its first big trouble in years, and a shakeup is coming.nn -- The yellow-pages business is threatened with extinction.nn -- China Unicom and China Netcom will merge early in the year.nnMarketWatch -- Level 3 said it will buy back notes carrying interest of 2.9 to 6 percent and due in 2009 and 2010 with the $400 million proceeds of a sale of 15 percent notes due in 2013.nnKansas City Star -- Sprint Nextel's employee buyout may ruin the company's future, an analyst said.nn -- A former Sprint contractor pleaded guilty to concealing kickbacks to two employees of the contractor.nn[Toronto] Globe and Mail -- Shaw Communications' decision not to build now a wireless network for the Canadian spectrum it had bought three months earlier was based on the conclusion that it couldn't get back fast enough the hundreds of millions in buildout costs, the CEO said. nnBloomberg News -- Alcatel-Lucent is looking to business growth in China and India to restore its profitability.nnFinancial Times -- Telecom retailer Carphone will tell investors Monday it will do whatever's necessary to increase shareholder value, including splitting off its TalkTalk broadband unit (Guardian [U.K.]).nn -- BT's Vision TV service is adding ITV programming after its initial broadcast as a paid option.nnRocky Mountain News [Denver] -- U.S. cellphones don't yet have the chips to allow their use for small purchases, so First Data is selling handset stickers with the chips.nnBy using our e-mail delivery service, you understand and agree that we may use tracking software to ensure accurate electronic delivery and copyright compliance. This software forwards to us certain technical data and newsletter usage information from any computer that opens this email. We do not share this information with anyone outside the company, nor do we use it for any commercial purpose. For more information about our data collection practices, please see our Privacy Policy. n n_____________________nn*Access by paid subscription only. Free trials of Communications Daily and Washington Internet Daily are available.