Switzerland has rejected the auction process, instead opting for the 'beauty contest' in which operators will be judged on technical, financial and commercial merit as well as their forecast for network rollout and coverage.
Swiss police are looking into allegations that Sicilian Mafia bosses moved $1bn in EU subsidies through Swiss bank accounts using a fake internal portal linked to the Banco di Silicia. Police searched the Lausanne offices of a banking group and the...
The auction was arranged when the likely number of bidders for the four licenses was thought to be ten, but at the weekend the number of bidders fell from five to four as two consortia merged. This is the latest setback for licence auctions in...
Switzerland might take a leaf out of France's book and decide on a beauty contest with a fixed entry fee to guarantee income. According to Swiss newspaper SonntagsZeitung, the government was disappointed that it would not raise as much money as...
Energis has admitted it may have to put its Swiss business into insolvency after failing to find a buyer. The Swiss operation is estimated to be losing about £1m a month. The beleaguered business telco is withdrawing from Europe in an attempt to...
In July, the US economy added thousands of jobs in both the hardware and services sectors of the technology arena, according to the US Department of Labor. And the average number of unemployed workers in nine high-tech categories fell by 64,000...