News

Mobile operators expressed their disappointment after regulator Ofcom pushed through a five-fold increase in the fees for existing phone spectrum bands yesterday in a move that will net the Treasury a windfall of almost £250m a year.

Deutsche Bank toasts SABMiller's strategy

MARKET REPORT

Colt raises pounds 700m for European growth

COLT TELECOM, the alternative telecoms network operator, yesterday raised pounds 700m through a stock placing and senior convertible notes issue to fund an expansion into digital subscriber line (DSL) services throughout Europe.

Qwest raises offer for Frontier

Qwest raises offer for Frontier

Qwest to post $1.8bn a year in charges if bid attempts succeed

QWEST COMMUNICATIONS, the fast-growing Denver-based telecoms group, yesterday said it would post $1.8bn a year in charges for 30 years to write down goodwill if it is successful in its attempt to acquire the American baby bell US West and the long-distance provider Frontier Corp.

C&W sues MCI over Internet purchase

CABLE & WIRELESS'S ambitions to break into the fast-growing market for Internet traffic were thrown into doubt yesterday as the telecom group filed a lawsuit against MCI Worldcom, the US telecom giant which sold part of its Internet business to C&W last year, for failing to fulfil the terms of the deal.

C&W plays down One2One float

C&W plays down One2One float

Green light for Olivetti bid

Green light for Olivetti bid

AirTouch profits rise by 54%

AIRTOUCH, the US telecoms company set to be acquired by Vodafone later this year, yesterday reported a 54 per cent rise in net income in 1998 to $608m (pounds 370m), with fourth-quarter profits ahead of expectations at $130m.
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Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Aren’t you glad you didn’t say that? The worst wince-and-look-away quotes of the year

Aren’t you glad you didn’t say that?

The worst wince-and-look-away quotes of the year
Hollande's vanity project is on a high-speed track to the middle of nowhere

Vanity project on a high-speed track to nowhere

France’s TGV network has become mired in controversy
Sports Quiz of the Year

Sports Quiz of the Year

So, how closely were you paying attention during 2014?
Alexander Armstrong on insulting Mary Berry, his love of 'Bargain Hunt', and life as a llama farmer

Alexander Armstrong on insulting Mary Berry and his love of 'Bargain Hunt'

From Armstrong and Miller to Pointless
Sanchez helps Gunners hold on after Giroud's moment of madness

Sanchez helps Gunners hold on

Olivier Giroud's moment of madness nearly costs them
A Christmas without hope: Fears grow in Gaza that the conflict with Israel will soon reignite

Christmas without hope

Gaza fears grow that conflict with Israel will soon reignite
After 150 years, you can finally visit the grisliest museum in the country

The 'Black Museum'

After 150 years, you can finally visit Britain's grisliest museum
No ho-ho-hos with Nick Frost's badass Santa

No ho-ho-hos with Nick Frost's badass Santa

Doctor Who Christmas Special TV review
Chilly Christmas: Swimmers take festive dip for charity

Chilly Christmas

Swimmers dive into freezing British waters for charity
Veterans' hostel 'overwhelmed by kindness' for festive dinner

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect