VCTs urged to look towards telecoms

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Telecoms share prices may have taken a beating of late - most notably in the case of Vodafone, which...

Telecoms share prices may have taken a beating of late - most notably in the case of Vodafone, which we yesterday wrote could hit a price of just 75p - but German conglomerate Siemens today urged investors in VCTs to consider its new investment unit focused on wireless technologies, as it will be looking for VC partners over the coming year. Siemens Mobile Acceleration (SMAC) Company chief executive Dietrich Ulmer says the accronym might raise a few eyebrows, but it is the technology ideas his company is considering investing in that will provide the biggest highs. SMAC has one...

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