Business Services Industry
Troubled telco could be taken over by Chinese partner.
Australasian Business Intelligence, August, 2005
Byline: Ashley Seager
Aug 08, 2005 (The Age - ABIX via COMTEX) -- Analysts are speculating that telco equipment group, Marconi, and its Chinese partner,
Huawei, may announce they are in merger discussions. In early August 2005, Marconi recorded a Stg36 million first-half operating loss. The group's shares have plummeted this
year, due to the company's failure to secure a Stg10 billion contract with BT. That failure prompted rumours Marconi's future as an independent group may be in doubt. To date, Marconi has refused to comment on the possibility of a merger with Huawei.
Publication Date: 9 August 2005
MARCONI CORPORATION PLC:
HUAWEI TECHNOLOGIES...
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
