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Europe to unveil mobile costs cap

Europe to unveil mobile costs cap The European Commission is preparing to unveil controversial proposals to regulate the charges mobile phone users pay to make calls when they are abroad. But even with a few hours to go before publication, key elements of the proposal remain under discussion. The plans intend to bring down the cost of making mobile calls outside the users home country, known as roaming. Telecoms operators frequently charge much more for roamed calls than they do for those made at home. More : news.bbc.co.uk

Mobiles to swamp Europe by next year

Mobiles to swamp Europe by next year By next year there will be more mobile phones than people in Europe, analysts are predicting. According to Research and Markets, handset vendors could soon find themselves operating in a saturated market across the whole of Europe. The 100 per cent barrier will be reached in most countries by the end of this year, the analysts said, and throughout the continent by 2006 or early 2007. Most phone users in Europe remain on GSM, with just three per cent using 3G networks. Western Europe is slightly more 3G friendly, with 12 per cent of phones using

Ford still on track for 2006 profit in Europe

Ford still on track for 2006 profit in Europe Ford Motor Cos European operations still expect to make a profit in 2006, Ford of Europe Chairman Lewis Booth told Reuters on Tuesday. We have declared that we will be profitable in Europe this year and we expect to stay there, he said on the sidelines of a ceremony marking the production launch of two vehicles in Belgium. Ford had previously said its expected European operations to post a pre-tax profit this year excluding special items. More: abcnews.go.com

Permira Seeks EU8.5 Bln for Europe’s Biggest LBO Fund

Permira Seeks EU8.5 Bln for Europe's Biggest LBO Fund Permira Advisers Ltd., seeking to reclaim the title of Europe's biggest buyout firm, plans to raise 8.5 billion euros ($10.3 billion) for takeovers and surpass CVC Capital Partners Ltd. The London-based firm is targeting the sum for its Permira IV fund, SVG Capital Plc, Permira's biggest investor, said in a statement today. Led by managing partner Damon Buffini, Permira may raise a maximum of 9.8 billion euros for the fund, according to SVG. That would top the 6 billion euros CVC raised last July. Permira, manager of Europe's No. 1 buyout

Europe Agrees on Funding as Hamas Calls Threats Blackmail

Europe Agrees on Funding as Hamas Calls Threats Blackmail Europe, along with the United States and Russia, agreed Tuesday to continue critical funding to Palestinians but warned election victors Hamas that its future government must give up violence and recognize Israel. Hamas leader Khaled Meshaal, however, derided US and European threats to put financial pressure on his Islamist group as being "in vain", saying they amounted to forcing it to abandon its struggle for freedom. US Secretary of State Condoleezza Rice and her partners in the Quartet for Middle East peace -- the United Nations, Russia and the European Union --