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UPDATE 1-Thai AIS Q3 beats estimates, 3G delay clouds outlook
05 Nov 2009 23:39:06 PST
* Q3 net profit 4.18 bln baht vs 3.9 bln consensus * Service revenue down 4 pct; net additions 380,000 * Cuts 3-year investment to $1.5 bln from $2.2 bln * Q4 seen improving due...
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Thai AIS Q3 net profit down 7.7 pct, beats forecasts
05 Nov 2009 22:16:23 PST
BANGKOK, Nov 6 - Thailand's top mobile phone operator, Advanced Info Service PCL (AIS) <ADVA.BK>, reported a 7.7 percent fall in quarterly earnings on Friday as a weak economy hit revenue and mobile use. AIS,...
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Manila Electric falls to one-week low after stake sale
05 Nov 2009 19:18:54 PST
MANILA, Nov 6 - Shares of Manila Electric Co (Meralco) <MER.PS> fell to a one-week low on Friday after First Philippine Holdings <FPH.PS> forged a $471 million deal to sell a 6.7 percent stake in...
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UPDATE 2-China's Huawei wins largest LTE deal in Europe
05 Nov 2009 17:25:38 PST
* LTE to replace Ericsson, Nokia Siemens networks *$175 million total cost; largest LTE deal so far in Europe * Starent to provide core network * Total cost seen at $175 million * Ericsson down...
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UPDATE 1-PLDT forges deal to raise Manila Electric stake
05 Nov 2009 17:18:16 PST
* Lopez clan sells half of its Meralco stake for $471 mln * Deal raises PLDT group's Manila Electric stake to 41.4 pct * Deal is via loan, call option exercisable until March 2010 MANILA,...
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FPH sells part of Manila Electric stake to Metropac
05 Nov 2009 17:12:09 PST
MANILA, Nov 5 - First Philippine Holdings <FPH.PS> said on Thursday it will sell a 6.7 percent stake in Manila Electric Co <MER.PS> to Metro Pacific <MPI.PS>, boosting the control of the PLDT group <TEL.PS>...
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UPDATE 4-Monex buys Orix unit to form No.2 Japan online broker
27 Oct 2009 23:32:44 PST
* Deal priced at estimated $263 million * Aimed at cutting systems, other costs * Orix to replace Citi as top stockholder of Monex * Monex shares down 4.6 pct; Orix down 2.5 pct (Adds...
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UPDATE 2-Monex and Orix Securities in merger talks - source
27 Oct 2009 18:41:33 PST
* Merger would create Japan's No. 2 online securities firm * Aimed at building scale to cope with tough market -source * Monex to issue shares, Orix become top shareholder -Nikkei (Adds industry background, share...
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UPDATE 1-Lopez clan may sell 6.7 pct stake in Manila Electric
26 Oct 2009 17:01:43 PST
* Lopez clan hopes to sell 6.7 pct Meralco stake next mth * Sale would boost PLDT in battle with San Mig for Meralco * Meralco shares up 19.4 pct this month on stake sale...
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Japan regulator suspends BNP Paribas unit 2 weeks
23 Oct 2009 01:19:05 PST
TOKYO, Oct 23 - Japan's financial regulator ordered the local brokerage of French bank BNP Paribas to halt business at its equities and commodities derivatives division for two weeks for manipulating stock prices and providing...