France Telecom to acquire NTL Stake for Eoros980 million

Article Abstract:

France Telecom S.A. agreed to pay $1 billion for a 10% stake in UK-based cable operator NTL Inc., and is prepared to finance the company's bid for another cable provider, Cable and Wireless Communications PLC. The move is likely to precipitate a bidding war in the UK's rapidly consolidating cable industry.

Author: Naik, Gautam, Woodruff, David
France, Communications, Broadcasting and Telecommunications, Cable Television Systems, Cable Networks, England, Cable television broadcasting industry, Cable television, NTL Inc., France Telecom S.A.

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Vodafone Nears Pact For Swisscom Unit

Article Abstract:

Vodafone Group PLC is seeking to acquire a 25% stake in the cellular telephone division of Swisscom AG. The deal, which is valued at 3.32 billion in Euro dollars, is expected to provide Vodafone with a strong presence on the European continent.

Author: Naik, Gautam, Raghavan, Anita
Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Switzerland, Telephone Communication, Cellular telephone services industry, Cellular telephone services, Vodafone Group PLC, Swisscom AG

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Subjects list: United Kingdom, Mergers, acquisitions and divestments, Telecommunications services industry, Telecommunications industry
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