Serbia’s first mobile operator Telenor d.o.o. has signed a frame contract with Nokia Siemens Networks to build a nationwide 3G radio network as the operator moves to offer high-quality mobile broadband services across the country. The new advanced radio network, using Wideband Code Division Multiple Access (WCDMA) technology, will allow data to be transmitted at

Moody’s Investors Service has lowered the outlook on the A2/Prime-1 deposit ratings and A3 subordinated debt ratings of Gulf International Bank to ‘negative’ from ‘stable’, while the bank’s C- Bank Financial Strength Rating (BFSR) is affirmed and retains its ‘stable’ outlook. Moody’s cautioned that the bank’s material investments in US residential mortgage-backed securities (RMBS) and

Motorola, Inc. has shipped its 50 millionth SURFboard modem in a milestone that further strengthens its leadership in global modem deployments as well as retail cable modem shipments. “For the last decade, Motorola has brought its proven experience and expertise to help further the development of the DOCSIS(R) standards,” said Alan Lefkof, corporate vice president,

In its annual report on the City of Athens, Moody’s Investors Service said the city’s A1 issuer rating, with stable outlook, reflects the Greek capital’s fast-growing economy, its satisfactory revenue profile, which features notable and growing own-source revenue streams, and its modest level of indebtedness — albeit set to rise in the following two years.

Vodafone Germany is the first operator to put Ericsson’s new Base Transceiver Station (BTS) Power Savings feature in place, a commercially available service that reduces energy consumption in mobile networks and makes an important contribution to cutting carbon-dioxide emissions. During periods of low network traffic, the feature effectively puts those parts of the network that

The outlook for Moody’s rated Pakistani banks is negative, reflecting the underlying risks faced by banks in the current, unfavourable political environment. The banking system should prove to be relatively resilient in the short term, but may be tested if  the political unrest prevails over a longer period. “The operating environment remains somewhat challenging in

One of just seven copies of a new work by JK Rowling, The Tales of Beedle the Bard, sold at Sotheby’s Thursday for an unprecedented GBP 1,950,000. Created, hand-written and illustrated by JK Rowling, the volume of previously untold stories attracted pre-sale interest from all corners of the world. Six bidders locked horns in a