Vodafone, Yahoo in Strategic Alliance and Sierre-Energie Selects Lucent Technologies and World Wide Packets to Provide Ethernet Technology

Wireless Communications Instruments industry news provided by Financial News USA (OTC: FNWU). Vodafone Group PLC (NYSE:VOD), the world's largest mobile phone company, and online search engine Yahoo Inc. said Tuesday that they are forming a strategic alliance to create a mobile advertising business. Under the deal, Yahoo will become Vodafone's exclusive display advertising partner in the United Kingdom, providing a variety of mobile advertising formats across Vodafone's content services. Richard Branson, the biggest shareholder of UK cable operator NTL Inc. (NASDAQ:NTLI) has thrown his support behind a merger with broadcaster ITV, a person familiar with the situation told Reuters on Friday. In the increasingly cutthroat market for TV and Internet customers, Branson believes a deal would create a stronger rival to satellite operator BSkyB, added the source, who spoke on the condition of anonymity.

Lucent Technologies (NYSE: LU) and World Wide Packets, a leading provider of Ethernet solutions, recently announced that Sierre-Energie -- a power utility and communications service provider in Switzerland -- has selected a joint solution from the two companies that will enable the deployment of feature-rich Ethernet services over its broadband fiber to the home (FTTH) network. FTS Group, Inc. (OTC BB:FLIP), an acquisition and development Company, recently announced that it has completed $279,345 acquisition related debt payments during the month of October. FTS CEO Scott Gallagher commented, "We continue to reduce our acquisition related debt utilizing cash flow whenever possible. FTS Group, Inc. is a publicly traded holding company operating in the wireless industry through its wholly owned subsidiaries FTS Wireless, Inc and See World Satellites, Inc.

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