News for June 2001
- ROUNDUP: London TMT stocks in the week to June 29
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Indices The week began quietly with all eyes on Wednesday's much anticipated US interest rate decision, with the consensus view pointing to a further 50
- Jun 29, 2001
- France Telecom buys control of Equant
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The French telecoms giant will purchase the SITA Foundation's 34% stake in Equant for $3bn and will invest $1bn in cash. The data communications division of
- Jun 29, 2001
- J2C to give 35m back to shareholders
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The funds repaid are expected to be between 33m and 35m, and will be repaid through a capital reduction scheme, which will see shareholders receive between
- Jun 29, 2001
- SAP: going all the way with CommerceOne?
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It is understood that SAP will gain rights to further shares as well as a board seat but has agreed to seek CommerceOne's approval to raise the stake above
- Jun 29, 2001
- Celebrity backs new web agency
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Doherty was one of the driving forces behind Reality, arguably Scotland's most successful internet start-up which was sold last year to Great Universal Stores
- Jun 29, 2001
- Ad sales: Leave it to the experts?
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This came at a time when the number of sites bringing their ad sales in-house was increasing every day, while companies such as Channel 5, Carlton and
- Jun 29, 2001
- Internet Incubator changes name and loses Drummond
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Having revealed on 10 June plans to generate revenues in the near term through providing services to, and investing in, companies from sectors other than
- Jun 29, 2001
- Clickmango parent broken up
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The Swedish based e-commerce consultancy, the UK arm of which bought a minority interest in Clickmango earlier this year, will next month face an EGM where
- Jun 29, 2001
- Netcentric to raise funds before end of September
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At the end of March Netcentric had reduced its cash reserves to 1.03m, from 3.66m six months earlier, demonstrating a monthly burn rate of approximately
- Jun 29, 2001
- Timing crucial in catching the broadband wave
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As with narrowband, many commentators and decision makers are now voicing doubts about the prospects for broadband. Concerns centre on the perceived glut of
- Jun 29, 2001
