IT SECTOR

It happens does! July 21, Yahoo leadership suddenly found a common language with its principal enemy and leading shareholder - Carl Ikanom (he owned nearly 5% corporation). August 1 by a general meeting of shareholders Yahoo, which will be decided by fate companies, and especially the fate of its top managers. The new distribution of powers is as follows. Eight of the nine-member board of directors will be re-run to their seats. Among them are the ideologists of Yahoo, which we know - the chairman of the board of directors Roy Bostok гендиректор and Jerry Yang. Not only will run Robert Kotik - he goes to rest. At the same time, the board of directors will expand to 11 seats. One of them takes himself Karl Ikan. Another two will be given to people from the list Ikana. This means that "the faction Ikana" will receive about 27% of votes in decision-making. Sam Ikan pay these three places its stake votes - he would support the current board of directors at the shareholders meetin...

From China came unexpected news: working in the field of next-generation networking company Huawei Technologies agreed to sell its unit to develop terminals - cellular telephones and modems for wireless data transmission. Among the prospective candidates for the purchase of business - the largest operators of cellular communication AT & T and Vodafone, as well as the investment company Blackstone, Kohlberg Kravis Roberts and TPG. All this seems all the more strange that, according to Director of sold units Meddi Lu, a business company in the field of ringtones and modem cards broadband access is on the rise, and its contribution to overall corporate income Huawei - more than 10%. From January to May this year under the brand name Huawei has sold more than 30 million of these devices, which yielded income of $1.8 billion end of the year the company plans to sell another 40 million devices. It turns out that the annual sales volume will grow nearly twice - for the entire past year ha...

Progress is not in place, and over the past few years, cellular communication has proven already covered more than half the population of Earth. One of the "side effects" has been rapid saturation of the relevant markets. Back in 2000-2001, investment in mobile communication networks were considered possibly the most profitable in the IT-industry. But today the situation variables in a radically. Earnings before that investors are not sufficiently developed in search of "mobile" market picks up the most exotic places in the world. A good example of such an investor is the millionaire Egyptian Naguib Saviris that owns the majority of shares in Egypt's largest cellular operator Orascom Telecom. Trying to any cost to enter new markets, he even attempted to obtain 25 - year license for cellular communications in North Korea. Subsequently, in an interview Naguib Saviris jokes that his latest business plan born of desperation. Quote: "I wanted to show that no oth...