IT Service News

Verizon Wireless has permission to build a fourth cell-phone tower along the Adirondack Northway as part of its plan to fill a service gap along remote stretches of the upstate New York interstate. via WPTZ

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- The deadline for an American arms-maker to appeal the federal rejection of its bid to buy Canada's premier space technology firm has passed.

Industry Minister Jim Prentice turned down the $1.3 billion bid by Alliant Techsystems Inc., of Minnesota last month, saying it was not of net benefit to Canada.

The giant U.S. munitions and rocket component maker had hoped to buy the entire space division of MacDonald, Dettwiler and Associates Ltd., of Vancouver (TSX:MDA).

The deal included the taxpayer-subsidized Radarsat 2 satellite, the Canadarm and Dextre robotics. Read more

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Bertelsmann AG, the owner of book publisher Random House, said Thursday that its first quarter net loss narrowed significantly _ but the higher euro and a drop in sales at its book and music clubs crimped ... via PR-inside.com

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VERIZON Communications' business unit said it would help build an undersea cable connecting Europe, the Middle East and India to expand its global network to support internet traffic. via NEWS.com.au

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Mobile USA, the fourth-largest wireless carrier in the country, said Thursday it added 981,000 customers in the first quarter, which along with an acquisition brought its total to 30.8 million. via CNN Money

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“As money gets tighter for them toward the end of the month, sales drop more than we have seen in the past”

Consumers gave some of the nation's retailers a little relief in April after months of dismal sales, gravitating toward discounters and wholesale clubs but generally still shying away from stores selling ... via Journal Star

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Warner Music Group, whose artists include R.E.M., Green Day, Red Hot Chili Peppers, says higher costs and a shift to digital music led to a wider second-quarter loss, and that it would suspend its dividend in order to build cash reserves and lower debt.

New York-based Warner Music Group Inc. lost $37 million, or 25 cents per share, compared with a smaller year-ago loss of $27 million, or 19 cents. Losses from continuing operations total 23 cents per share in the latest period.

Sales gained 2 percent to $800 million from $784 million. Read more

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STOCKHOLM, Sweden : The Swedish Post and Telecom Agency Thursday said five telecommunication operators have won the bidding for so-called fourth-generation mobile network licenses in Sweden worth a total of 2.1 ... via International Herald Tribune

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“We will continue to invest in and grow our already significant SAP business, not only in established markets, but in emerging ones such as the Middle East and Eastern Europe”

HYDERABAD, INDIA: Satyam Computer Services Ltd has entered into a partnership with SAP AG to become an SAP global services partner. via CIOL

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“The general improvement in business conditions is causing organizations to come back to the data center market with greater overall demand than has been seen in recent years”

Global Crossing today said it will open a hosting data center in London and relocate its data center operations in the Miami area. via Data Center Knowledge

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