Last weekend?s signing of a global pact to open up the telecoms industry is expected to smooth the way for BT?s $20 billion merger with MCI.
The agreement by members of the World Trade Organisation (WTO) which includes the US means national telecom operators will be opened to foreign investments. One telecoms analyst at Credit Lyonnais Laing said: ?It?s going to be more difficult for the US to oppose increases in foreign stakeholdings now it is supporting liberalisation of foreign stakeholding through signing up the WTO agreement.?
However some countries including Japan, Mexico and Canada have elected to retain control over foreign ownership of their national telecom carriers. The US, meanwhile, is reserving the right to choose which countries can deliver satellite broadcast services to American customers.
The agreement still has to be ratified by the relevant national governments.
Dubbed Barnard's star B, newly discovered planet is believed to be rocky
Also, what's a USB stick?
Gravitational waves become extremely weak by the time they reach the Earth and require highly sensitive equipment for detection
The reactor topped out at 100 million° C