FIXED LINE TELECOMMUNICATIONS MARKET

AMERICAS: FEBRUARY 2008 - Investment programmes of Argentine telcos.

Infobae recently reported that Argentina's three largest telecommunications operators are expected to invest approximately 3.5 billion pesos in 2008 mainly in broadband and mobile network infrastructure.

Telecom Argentina plans to invest approximately 1bn pesos which is the same amount as in 2007.

Telefónica de Argentina will invest 1.7bn pesos in 2008 as part of a planned three year 6 billion pesos investment in its domestic operations which was announced by company President Eduardo Caride in December 2007; 950 million pesos is earmarked for upgrading its fixed line services. Investments for 2009 and 2010 'will depend on technological developments in Argentina...including telecom operators' possibility of offering TV services via internet,' Caride said. Telcos are prohibited from offering television services under Argentine legislation although cable TV operators are able to provide telecom services.

The two...more

EUROPEAN INSURANCE MARKET

EUROPE: FEBRUARY 2008 - Central and eastern European insurance markets display strong growth from low base.

Ken PwC recently published the results of a follow-up survey on the insurance market in the accession nations of central and eastern Europe (CEE). They published the original survey at the end of 2004.

Based on 2005 figures, the latest available at the time of compilation, the key finding was that insurance penetration, measured by premia paid as a percentage of GDP, in the 10 CEE countries averaged 3.26% whereas the figure for the 15 original EU members was 8.64%.

However the....more

AUTOMOTIVE MARKET

AMERICAS: FEBRUARY 2008 - Tata in poll position to acquire Jaguar and Land Rover from Ford.

Ken Gorin, chairman of the Jaguar Business Operations Council which represents Jaguar dealers in the United States, stated in an interview in December 2007 that the American public was not ready for Indian ownership of a luxury car brand. He was quoted as stating, 'I believe it would severely throw a tremendous cast of doubt over the viability of the brand.' His opinion was dismissed as narrow by his UK counterpart James Brearley, chairman of the British Jaguar dealers' council.

Gorin's concerns were also dismissed by Ravi Kant, managing director of Tata Motors, Kamal Nath, India's commerce and industry minister and the president of the Associated Chambers of Commerce and Industry of India.

Despite this controversy Lewis Booth, executive vice president - Ford of Europe and Premier Automotive Group stated on 3 January 2008 that, 'Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.'

'There is still a considerable amount of work to do, and while no final decision has been made, we will proceed with further substantive discussions with Tata Motors over the forthcoming weeks with a view to securing an agreement that is in the best interests of all parties concerned.'

Jaguar's management was reported to be entirely relaxed at this decision.

New Overview of the Snapshots Germany PCs Market 2008

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