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Equant (France Télécom)
Orange Business Services, the business services arm of Orange S.A., is a global integrator of communications products and services for multinational corporations. Orange Business Services offers integrated communications products and services to global enterprises in cloud computing, unified communications, collaboration, Big Data, Internet of things, and Artificial Intelligence ; which manage and integrate the complexity of international communications and software applications. Orange Business Services was founded on 1 June 2006, through a rebranding and consolidation of the existing France Telecom businesses of Equant and Wanadoo. Orange Business Services also acquired giants like Business & Decision and Basefarm in recent years who specializes in Analytics, Data Science, Cloud etc. It operates in over 220 countries and territories and employs over 21,000 employees in 166 countries. Over last few years, €700 million were invested in research and development with dedicat ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Pacific Telesis
Pacific Telesis Group was one of the seven Regional Bell Operating Companies, sometimes also referred to as "RBOCs" or "Baby Bells", created in 1983 in preparation of the breakup of AT&T as a holding company for Pacific Bell and Nevada Bell, Pacific Telesis International and several other non-regulated companies including PacTel Mobile Services and PacTel InfoSystems. It was acquired by SBC Communications in 1997. Pacific Telesis Group was headquartered in San Francisco and incorporated in Nevada. Nicknames Pacific Telesis is more commonly known as "PacTel." Prior to the January 1, 1984, breakup of the Bell System, the corporate name of its principal subsidiary Pacific Bell was The Pacific Telephone & Telegraph Company, which had also been referred to as "PacTel." After the corporate name change, Pacific Bell was commonly known as "PacBell." The red and white star trademarked logo was referred to by company employees as the "splat" or more formally as the "access symbol" after ...
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Vodafone
Vodafone Group Public limited company, plc () is a British Multinational corporation, multinational Telephone company, telecommunications company. Its registered office and Headquarters, global headquarters are in Newbury, Berkshire, England. It predominantly operates Service (economics), services in Asia, Africa, Europe, and Oceania. , Vodafone owns and operates networks in 22 countries, with partner networks in 48 further countries. Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries. Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company has a secondary listing on Nasdaq. Name The name Vodafone comes from ''VO''ice ''DA''ta ''FONE'' (the latter a sensational spelling of "telephone, phone"), chosen by the company to "reflect the provision of voice and data services over mobile phones". History The evolution of Vodafone started in 1981 with the es ...
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Mannesmann
Mannesmann was a German industrial conglomerate. It was originally established as a manufacturer of steel pipes in 1890 under the name "Deutsch-Österreichische Mannesmannröhren-Werke AG". (Loosely translated: "German-Austrian Mannesmann pipe mills AG"). In the twentieth century, Mannesmann's product range grew and the company expanded into numerous sectors; starting from various steel products and trading to mechanical and electrical engineering, automotive and telecommunications. From 1955, the conglomerate's management holding with headquarters in Düsseldorf was named Mannesmann AG. The particular success of the corporate activities in the area of telecommunications that started in 1990 was the predominant reason for the takeover of Mannesmann by the British telecommunications company Vodafone in 2000, still one of the largest-ever company takeovers worldwide. Back then, the Mannesmann Group had 130,860 employees worldwide and revenues of €23.27 billion. The name Ma ...
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FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market capitalisation. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group. Overview The index is maintained by the FTSE Group, now a wholly owned subsidiary of the London Stock Exchange, which originated as a joint venture between the ''Financial Times'' and the London Stock Exchange. It is calculated in real time and published every second when the market is open. The FTSE 100 Index was launched on 3 January 1984. The market capitalisation weighted FTSE 100 index replaced the price-weighted FT30 Index as the performance benchmark for most investors. The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value. The total market value of a company is calculated by multiply ...
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NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Personal Communications Network
Personal communications network (PCN) is the European digital cellular mobile telephone network, developed in accordance with GSM standards. The PCN system was first initiated by Lord Young, UK Secretary of State for Trade and Industry, in 1988. The main characteristics of PCN are as follows: # Operating frequency – 1.7–1.88 GHz (1710–1785 MHz and 1805–1880 MHz). # Uses 30 GHz or up for microwave back bone system. # Covers both small cells and large cells. # Coverage inside and outside buildings. # Hand over. # Cell delivery. # Portable hand set. # User intelligent network. PCN uses the DCS-1800 systems, which is similar to GSM The Global System for Mobile Communications (GSM) is a standard developed by the European Telecommunications Standards Institute (ETSI) to describe the protocols for second-generation ( 2G) digital cellular networks used by mobile devices such ..., but up converts the frequency to 1.7–1.88 GHz, therefore the network structure, the signal s ...
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Stock Swap
In corporate finance a stock swap is the exchange of one equity-based asset for another, where, during the merger or acquisition, the swap provides an opportunity to pay with stock rather than with cash; see . Overview The acquiring company essentially uses its own stock as cash to purchase the business. Each shareholder of the acquired company will receive a pre-determined number of shares from the acquiring company. Before the swap occurs each party must accurately value their company so that a fair " swap ratio" can be calculated. The valuation of a company is complicated in general; here though, additional to fair market value, the investment- and intrinsic value are to be determined as well. After the valuation is complete, the parties will agree upon the swap ratio; this will determine the number of shares that each shareholder will receive. In theory, a fair ratio is such that shareholders in both previous companies now own a pro-rated share of the new company: ...
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Hutchison Whampoa
Hutchison Whampoa Limited (HWL) was an investment holding company based in Hong Kong. It was a Fortune Global 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL was an international corporation with a diverse array of holdings which included the world's biggest port, and telecommunication operations in 14 countries that were run under the 3 brand. Its businesses also included retail, property development and infrastructure. It was 49.97% owned by the Cheung Kong Group until 3 June 2015, when the company merged with the Cheung Kong Group as part of a major reorganisation of the group's businesses. The combined business was renamed CK Hutchison Holdings Limited. History Hutchison Whampoa originated as two separate companies, both founded in the 19th century. and ''Hutchison International'' was formed in 1877. In the 1960s, Hutchison International – under Colonel Sir Douglas Clague (1917–1981) – gained a controlling interest of Hon ...
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Matra
Matra (an acronym for Mécanique Aviation Traction) was a French industrial conglomerate. During its years of operation, it was engaged in a wide range of business activities, primarily focused around automobiles, bicycles, aeronautics and weaponry. Following the acquisition of vehicle manufacturer Automobiles René Bonnet, the company formed Matra Automobiles during the 1960s and made the Matra brand famous through the production of a range of racing cars and sports cars. Its car division worked closely with other vehicle manufacturers, most significantly Renault, prior to the decline and sale of Matra Automobiles during the early 2000s. In addition to road cars, Matra entered into a wide range of businesses, eventually diversifying into media, weaponry, aeronautics, automobiles, and music distribution. Matra was at one point owned by the Floirat family. Throughout much of the company's existence, French businessman Jean-Luc Lagardère served as the CEO of Matra. During 1988 ...
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