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France's Orange wins Spanish approval for Jazztel purchase

PARIS, May 27 - French telecoms operator Orange said on Wednesday it won approval from Spanish regulators for its 3.4 billion euro ($3.71 billion) takeover of Jazztel.

11:14am IST

Tanzania agrees deal to buy back Bharti Airtel's stake in state telecom

DAR ES SALAAM, May 27 - Tanzania's government has agreed a deal to buy back a 35 percent stake in a state-run telecoms company from the local subsidiary of India's top mobile carrier Bharti Airtel for 14.6 billion shillings ($7.07 million), a senior official said.

11:13am IST

BRIEF-Bouygues Construction to build tower in London

* Bouygues Construction wins Manhattan Loft Gardens project to build tower in east London

11:09am IST

BRIEF-Bouygues wins deal to build tower in East London

* Says London property developer Manhattan Loft Corporation has selected Bouygues for the construction of Manhattan Loft Gardens, a 143-metre tower in Stratford, East London; project represents gross development value of 250 million pounds, or about 340 million euros Further company coverage:

11:07am IST

UPDATE 3-Mexico eyes sweeteners to boost wholesale mobile network plan

MEXICO CITY, May 26 - Mexico has cut the estimated investment required for a wholesale mobile broadband network by almost a third to $7 billion and is considering changes to make it more attractive to wireless operators, a senior government official said on Tuesday.

7:30am IST
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Reuters poll - RBI expected to cut rates by 25 bps to 7.25 pct on June 2

REUTERS - The Reserve Bank of India is likely to cut its benchmark interest rate by 25 basis points to 7.25 percent when it meets early next week and make a similar move before December, according to the results of a Reuters poll.