UK media and telecoms correspondent
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Nov 27, 2012

Europe’s telcos in slow lane as cable takes the tape

PARIS/LONDON, Nov 27 (Reuters) – Far from fearing the coming
investment from Europe’s telecom giants into superfast
broadband, smaller cable firms believe they will still beat the
big guns to the trigger.

Cable operators Liberty Global, Ziggo,
Kabel Deutschland and Virgin Media have
already stolen a march on their less nimble rivals, winning
customers and investors with their expansion into broadband.

Nov 27, 2012

Falkland Oil hit by well disappointment

LONDON, Nov 27 (Reuters) – Falkland Oil and Gas -
engaged in a roller coaster ride to find oil in the disputed
South Atlantic islands – lost almost half of its value on
Tuesday when it announced the abandonment of a well following
disappointing results.

The statement wiped 49 percent off FOGL’s volatile stock,
sending its shares to an historic low of 32 pence, giving it a
market value of 103 million pounds ($165 million).

Nov 22, 2012

Cameron in crossfire when press inquiry reports

LONDON (Reuters) – After a year-long public inquiry exposed the worst excesses of Britain’s raucous newspapers, the press is battling to avoid any proposals for tougher regulation next week, and Prime Minister David Cameron will come under fire whatever he decides.

Senior judge Brian Leveson is set to announce by the end of November the findings of his dissection of the industry, which was prompted by a phone-hacking scandal at Rupert Murdoch’s News of the World Sunday, a News Corp tabloid the media tycoon then shut down.

Nov 20, 2012

UK PM ex-aide to be charged over cash for royal tip-offs

LONDON (Reuters) – Prime Minister David Cameron’s former media chief Andy Coulson and Rebekah Brooks, the former boss of Rupert Murdoch’s British newspaper business, were charged on Tuesday with conspiring to make illegal payments to officials for information for stories.

The charges against the pair, who were both close to Cameron, relate to their former roles as editors of the Murdoch-owned News of the World Sunday tabloid and its sister daily paper the Sun.

Nov 20, 2012

Ex-Cameron aide to be charged over royal data bribes

LONDON (Reuters) – David Cameron’s former media chief Andy Coulson will be charged with conspiring to pay officials for private information on the royal family during his time as a tabloid editor, prosecutors said on Tuesday.

The prosecutor’s decision is a blow to the reputation of the British prime minister who has been forced to defend his hiring of Coulson since a phone-hacking scandal exploded last year at the Rupert Murdoch-owned News of the World tabloid.

Nov 20, 2012

Coulson and Brooks to be charged over illegal payments

LONDON (Reuters) – Prosecutors said on Tuesday they would charge Prime Minister David Cameron’s former media chief Andy Coulson with conspiring to pay public officials to secure the contact details of members of the Royal family.

The charges stem from a wider investigation into the British press that was sparked by revelations that journalists at Coulson’s former tabloid, the Rupert Murdoch-owned News of the World, had hacked into phones to secure salacious stories.

Nov 20, 2012

UK to charge Coulson over royal family contacts

LONDON (Reuters) – British prosecutors said on Tuesday they would charge Prime Minister David Cameron’s former media chief Andy Coulson with conspiring to pay public officials to secure the contact details of members of the Royal family.

The charges stem from a wider investigation into the British press that was sparked by revelations that journalists at Coulson’s former tabloid, the Rupert Murdoch-owned News of the World, had hacked into phones to secure salacious stories.

Nov 16, 2012

MetroPCS expects shareholders to back T-Mobile deal

BARCELONA, Nov 16 (Reuters) – MetroPCS Communications Inc
expects its shareholders to back a deal to merge with
T-Mobile USA in a vote planned for February or March,
its finance officer said on Friday.

T-Mobile USA, a unit of Deutsche Telekom, and MetroPCS said
last month that they wanted to merge their companies, creating a
stronger number four on the U.S. wireless market.

Nov 14, 2012

Omnicom more positive on 2013, WPP cautious

BARCELONA (Reuters) – Omnicom, the biggest ad agency in the United States, said it was feeling “increasingly positive” on the outlook for the advertising market next year, despite a low-growth economy persisting across the globe.

The comments follow an industry-wide advertising slowdown in September which had prompted analysts and investors to be on the hunt for any signs of improvement in the willingness of large corporations to spend on advertising.

Nov 14, 2012

Vodafone still considering options for Verizon

BARCELONA (Reuters) – Vodafone Group Plc (VOD.L: Quote, Profile, Research, Stock Buzz) chief Vittorio Colao said he could not rule out an exit from the United States, a day after posting results showing the Verizon Wireless business there has become the main growth engine for the British group.

Speaking in Barcelona at a conference organized by investment bank Morgan Stanley, Colao said the Vodafone board regularly reviews what to do with its stake in Verizon Wireless and would continue to do so.

    • About Kate

      "I am based in London and cover the UK media and telecoms sectors including BSkyB, Vodafone and WPP. I have previously covered UK general news and sports including major events such as the Olympics and football World Cups."
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