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Kingston looks for investment partners

Hull-based telecoms group Kingston Communications has ditched plans to develop a national high-speed broadband network on its own and is seeking partnerships to help shoulder the financial burden.

Nomura snaps up Hyder outsourcing division

Japanese investment bank Nomura has bought the outsourcing division of Hyder, the Welsh utility company, for about 100m, after failing to buy the whole company earlier in the summer.

Yell brings Yahoo! man on board for flotation

BT has appointed John Davis from Yahoo! as finance director of its directories business Yell, ahead of its planned flotation next year.

Eidos losses widen to £60.2m

Losses for Eidos, the computer games company behind the Tomb Raider series, grew to 60.2m in the last quarter, compared with 12.8m a year ago.

Wap still failing to excite consumers according to poll

The take-up of Wap, the technology which brings the internet to mobile handsets, remains slow even though more than 14m UK consumers admit they are dependent on their mobile phones, according to a report by Mori.

Snook to step down as Orange chief

Orange chief executive Hans Snook has confirmed he will step down next year to make way for his replacement, Jean-Francois Pontal, currently executive vice-president of the mobile phone operator’s parent France Telecom.

LineOne is put up for sale with £400m price tag

LineOne, the ISP jointly owned by United News 400m.

Sema faces ousting from FTSE 100

Sema, the information technology group, is the latest hi-tech company to face eviction from the FTSE 100 after its shares plummeted on a profit warning.

St Luke's promotes account trio to managing partner positions

St Luke's has promoted three of its senior account directors to the position of managing partner.

St Luke's promotes account trio to managing partner positions

St Luke's has promoted three of its senior account directors to the position of managing partner.

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