TELECOM IN TODAY'S NEWSPAPERS

摘要

Top StorynnWall St. Journal* -- Vonage filed for an IPO. The Internet phone firm also named Mike Snyder its new CEO (Financial Times*; N.Y. Times; Washington Post; USA Today; L.A. Times; Communications Daily, p17). nnAmong OthersnnWSJ -- Nortel agreed to pay about $2.4 billion in cash and shares to settle 2 class-action suits over the telecom equipment maker's earnings-manipulation scandal (NYT; LAT). nn -- Taking a service that's growing in Asia, Motorola is planning to launch a system that will allow people to purchase products simply by waving a cellphone at the cash register.nnFT -- Strong demand for broadband in the U.K. helped BT report a rise in revenue for the 8th straight quarter, and profit ahead of analyst forecasts. nn -- Australia’s Telstra warned that tough conditions would continue as it reported a 10.3% fall in interim net profit. nn -- Money can’t buy you love but Samsung is trying. And so far the conglomerate’s attempts to donate its way out of controversy have been met positively at home. nn -- Japan’s NTT DoCoMo is prepared to open up part of its network to rival companies.nnUSAT -- Following a wave of negative publicity and pressure from the government, several web sites that peddled people's private phone records are calling it quits. nn -- Google said the wide variety of web sites might shrink if broadband providers like AT&T start charging companies for premium access to high-speed networks. nnCD -- Pretexting, assuming someone’s identity to get private cellphone information, should be outlawed, lawmakers agreed at a Senate hearing Wed. (p1).nn -- The FCC likely will ask a lot of questions but draw few conclusions as it weighs new rules to guard customer records (p2). nn -- House Commerce Committee Chmn. Joe Barton said Wed. he’s ready to deliver telecom bills he hopes President Bush can sign in 2006 (p4; Washington Internet Daily, p4).nn -- Congress won’t pass a telecom bill this year, ex-Sen. Larry Pressler said Wed. at an event commemorating the Telecom Act’s 10th anniversary (p7). nnBoston Globe -- The campaign to build a wireless data network in Boston picked up momentum yesterday as Mayor Thomas Menino promised to push for Internet access across the city. n nn_____________________nn*The Wall St. Journal and the Financial Times can be accessed online via paid subscription only.