News for June 2001

ROUNDUP: London TMT stocks in the week to June 29
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
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
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?
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
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?
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
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
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
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
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
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