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Sony downgrades mobile growth expectations

Wednesday 17 Sep 2014 | 10:14 CET | News
Sony announced it will take an impairment charge of JPY 180 billion in its fiscal second quarter to write down the value of its mobile phone business. The company said a review of its medium-term plans for the mobile business found reduced growth prospects than its previous expectations. Sony flagged the review already in its last quarterly report and the impairment charge results in a downgrade ...

Sony downgrades mobile growth expectations

Wednesday 17 Sep 2014 | 10:14 CET | News Sony announced it will take an impairment charge of JPY 180 billion in its fiscal second quarter to write down the value of its mobile phone business. The company said a review of its medium-term plans for the mobile business found reduced growth prospects than its previous expectations. Sony flagged the review already in its last quarterly report and the impairment charge results in a downgrade ...

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Sky Deutschland boards reject takeover bid from BSkyB

17 Sep 2014 09:52 CET | Germany
The management and supervisory boards of Sky Deutschland have recommended shareholders do not accept BSkyB's takeover bid for the ...

Rackspace decides to stay independent, under new CEO

17 Sep 2014 09:24 CET | World
Rackspace announced that it has has ended its evaluation of alternatives to being acquired, and that it has chosen to remain ...

Telecom Italia considering Oi takeover bid - report

17 Sep 2014 08:30 CET | Brazil
Telecom Italia is evaluating the possible acquisition of Brazilian operator Oi in a move to challenge local rival Telefonica, ...

A&E to launch in Spain in October

17 Sep 2014 15:21 CET | Spain
As part of a Europe-wide rebranding experience, AMC Networks Iberia has announced that A&E will replace Bio on Spanish pay-TV ...

AT&T introduces on-demand network offering

17 Sep 2014 15:18 CET | United States
In an effort to change the way businesses provision network services, AT&T is introducing a new on-demand service that will allow ...
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