The government on Tuesday denied any move to auction spectrum for second generation mobile services - a shift from the current subscriber-linked allocation policy.
“There is no question of that (2G auction)… I am not having any such intention,” Telecom Minister A Raja today told reporters here.
The Department of Telecom had earlier said a […]

uBid.com Holdings, Inc. whose uBid, Inc. subsidiary is one of the leading business-to-consumer and business-to-business online marketplaces in the U.S., today reported that it will host a conference call to discuss second quarter 2007 financial results on Tuesday, August 14, 2007 at 4:30 P.M. ET. Hosting the call will be Robert H. Tomlinson Jr., […]

Share prices closed higher led by property stocks on expectations that a government land auction tomorrow will attract strong bids from major property developers.
Dealers noted that select other blue chips also attracted buying interest after sharp falls Friday, while HSBC (nyse: HBC - news - people ) rebounded from early losses as the bank prepares […]

After months of intense lobbying by the technology and telecom industries, the Federal Communications Commission (FCC) will vote Tuesday on the rules for the January 700MHz spectrum auction. The auction is expected to bring as much as $20 billion to the federal coffers.
The spectrum is highly prized for its ability to deliver wireless broadband and […]

In an attempt to drain excess liquidity from the banking system, the central bank will conduct bonds auction under market stabilisation scheme. It will sell (re-issued) `7.99% Government Stock 2017` for Rs 60 billion method on August 3.
On the same day, it will also sell `7.95% Government Stock 2032` for Rs 40 billion. Both […]

Verizon Wireless said on Thursday it is willing to allow any wireless device to operate on its network if required under an upcoming U.S. airwaves auction, but it should not be forced to guarantee that all devices, except ones it had endorsed, would work well.
The statement by Verizon Wireless, a venture of Verizon Communications Inc. […]

A consortium led by Singaporean firm AES Transpower Pte. Ltd., has won the auction to run a 600-megawatt power plant in the Philippines, a government agency said on Friday.
The consortium of Masinloc Power Partners Co. Ltd. cast the winning bid of US$930 million for the Masinloc coal-fired thermal power plant, beating five other bidders, […]

The Brazilian Federal Treasury on Thursday canceled a regularly scheduled auction of its main LTN bonds, citing “financial market conditions.”
The auction had been scheduled for Thursday since the beginning of July. It hadn’t yet set a volume for sale of the LTN bonds.
The treasury didn’t offer any other explanation for the cancellation. However, a government […]

Japanese government bond futures were flat on Thursday, holding near a seven-week high as a drop in Tokyo shares and a smooth auction of super-long paper prompted dealers to cover short positions.
JGBs initially slipped as U.S. Treasuries steadied from this week’s gains on the subprime mortgage troubles. But as the Nikkei share average (.N225: Quote, […]

Shares in Alitalia surged Thursday, lifted by reports that private airline Air One is ready to make a new offer for Italy’s ailing flagship carrier.
Alitalia, whose shares have lost nearly 30 per cent of their value since the beginning of the year, were up nearly 4 per cent on the Milan stock exchange by […]