Hanging on the telephone
Article Abstract:
Industry observers predict the worldwide telecommunications industry will continue to undertake many mergers and acquisitions due partly to the privatisation of the industry but also as companies expand into other areas of the business. The introduction of innovative technologies has been an important impetus for acquisitions, as companies buy new ideas by purchasing other firms. Privatisation has led to many new operators coming into the industry. Several large deals were initiated in 1998, as the large companies competed to have global market dominance.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
ITALY: PIRELLI TO TAKE OVER SIRTI
Article Abstract:
Sirti, the Italian producer of infrastructure for telephone exchanges, is to be sold by its parent Telecom Italia to Pirelli in year 2000 for about L 2,000bn. This is part of the rationalisation move of Telecom Italia, which has been acquired by Olivetti.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Swimming against the tide. A new act to follow
- Abstracts: A taste of partnership for EBRD. DENMARK: GMT TO INVESTIGATE MULTINATIONALS. Eating and drinking
- Abstracts: Embracing technology in the hunt for deals. Outgrowing the domestic market. How to profit from leverage
- Abstracts: Romanian consumer lifestyles. Stationery
- Abstracts: DTI brews controversy with stance on S&N. Interbrew to use acquisition to build brands in Ukraine