M2 Telecommunications Group Limited (ASX:MTU) Agrees To Acquire People Telecom (ASX:PEO)
M2 Telecommunications Group Limited (ASX:MTU) and People Telecom Limited (ASX:PEO) today announced that they have reached agreement for M2 to acquire 100% of People Telecom by way of Scheme of Arrangement ("Scheme").

Media Release: Senate Vote Highlights Need for Practical Telecommunications Solutions in the Bush
Last night's Senate vote on the transfer of the Communications Fund monies for the National Broadband Network (NBN) highlights the urgent need for practical telecommunications in rural and remote areas of Australia.

AT&T to slash 12,000 jobs
Telecommunications giant AT&T Inc. said Thursday it plans to eliminate 12,000 jobs, or approximately 4 percent of its total work force. It will take a severance charge in the fourth quarter of about $600 million. (T)

Bell Canada?s Buyers Offer Revised Investment Plan
The proposed buyers of Bell Canada have offered to scrap the troubled $50 billion takeover of the telecommunications giant, instead taking about a minority stake of less than 20 percent, people briefed on the matter told DealBook on Thursday.

AT&T to slash 12,000 jobs
Telecommunications giant AT&T Inc. said Dec. 4 it plans to eliminate 12,000 jobs, or approximately 4 percent of its total work force. (T)

AT&T announces job cuts
Telecommunications giant AT&T Inc. said Thursday it plans to eliminate 12,000 jobs, or approximately 4 percent of its total work force. (T)

Funeral arrangements set for telecommunications pioneer Ted Rogers
TORONTO - The funeral for telecommunications pioneer Ted Rogers will be held next Tuesday at St. James Cathedral in downtown Toronto. The founder of the Rogers Communications Inc. (TSX:RCI.B) media empire died at his Toronto home this week at the age of 75.

AT& T, DuPont Cutting Thousands of Jobs
Telecommunications giant AT&T said today it would lay off 12,000 employees in coming months, the latest shock to a labor market that has declined steadily for a year.

Funeral arrangements set for telecommunications pioneer Ted Rogers
TORONTO - The funeral for telecommunications pioneer Ted Rogers will be held next Tuesday at St. James Cathedral in downtown Toronto.The

AT&T To Cut 4% of Workforce
December 5, 2008 -- ( WEB HOST INDUSTRY REVIEW) -- The largest telecommunications services provider in the US, AT&T, plans to lay off 12,000 people and reduce new technology spending, amidst similar cuts across an industry which is beginning to feel the pain of the economic nosedive.

BCE denies Teachers' group seeking minority stake
MONTREAL?BCE Inc. has denied rumours that the investment group led by the Ontario Teachers' Pension Plan is proposing to take a minority holding in Canada's largest telecommunications company.

India, Russia see Immense Possibilities For Joint Investments -Kamal Nath
(RTTNews) - Union Minister of Commerce & Industry, Kamal Nath, while addressing the India-Russia CEOs Council Meeting, said there are immense possibilities for joint investments in the areas such as banking, information technology, telecommunications, high-technology sector, power, pharmaceuticals and textiles.

CTDI Introduces the XCel-4e Rural DSL Extension System
Communications Test Design, Inc. (CTDI), a global leader in the engineering, manufacturing and maintenance of telecommunications networks, announced today the release of the XCel-4e, its latest broadband DSL extension product.

SingTel, M1 among bidders for S'pore broadband network
SINGAPORE, Dec 5 (Reuters) - Singapore Telecommunications (STEL.SI: Cotización ) and a consortium comprising Cisco Systems (CSCO.O: Cotización ) and Axia NetMedia Corp (AXX.TO: Cotización ) were among four groups that submitted proposals to build an island-wide broadband network for Singapore, the government said on Friday.

AT&T to slash 12,000 jobs; DuPont cutting 2,500
NEW YORK -- Pressured by the economic turmoil and the mounting loss of traditional phone customers, AT&T Inc. is cutting 12,000 jobs, about 4 percent of its work force. The Dallas-based telecommunications company, the nation's largest, said the job cuts will begin this month and run throughout 2009. ... - By BARBARA ORTUTAY The Associated Press

BCE denies Teachers' group seeks minority stake
MONTREAL ? BCE Inc. denied Friday rumours that the investment group led by the Ontario Teachers' Pension Plan is proposing to take a minority holding in Canada's largest telecommunications company.

Nortel defends its services U-turn
Sam Trendall, CRN , Friday 5 December 2008 at 15:01:00 Vendor reassures channel of its services strength despite axing dedicated service arm Telecommunications vendor Nortel has claimed its short-lived Global Services arm achieved what it set out to do and has reassured UK VARs it still has a strong services offering....

Nigeria: Nitel - New Core Investor Ready Dec 15 - FG
Abuja ? Federal Government yesterday said it had fixed December 15 as date for the final meeting to decide on a new core investor for the embattled Nigeria's premier telecommunications firm, the Nigerian Telecommunications Limited (NITEL).

Telecommunications giant cuts 12,000 jobs
Shares of AT&T Inc. (T: sentiment, chart, options) dropped this morning after the company announced that it will slash roughly 12,000 jobs, or 4% of its workforce through the end of next year...( Read More )

Area briefly
Ohio State Highway Patrol Dispatcher Pamela J. Butzin has been selected for the 2008 Ohio State Highway Patrol Telecommunications Award at the Sandusky Dispatch Center.

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