UPC shares fall on expectations of net regulation

Article Abstract:

United Pan-Europe Communications NV (UPC) saw its share value fall as a result of concerns that the firm may have to make its network open to Internet service provider competition. Dutch antitrust regulators decided that UPC's cable network monopoly would hurt Internet access competition.

Strategy & planning, Management, Finance, Securities

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Russian prosecutors launch new probe into Media Most

Article Abstract:

Russian prosecutors have launched a new investigation into Media Most, Russia's largest independent media company. The prosecutors allege that executives of the company shunted stock offshore that was supposed to be collateral for a loan from RAO Gazprom.

Legal issues & crime, Russia, Investigations, Media-Most Group

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UPC projects net losses will peak in 2000

Article Abstract:

United Pan-Europe Communications NV announced that it is forecasting peak net losses for the 2000 year. The firm made its forecast after posting a 640 million euros net loss for the 2000 third-quarter.

Sales, profits & dividends, Forecasts, trends, outlooks, Forecasts and trends

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