Alltel is calling potential buyers

Article Abstract:

ALLTEL Corp. of the United States is increasing efforts to find a buyer. The telecommunications company is valued at $22 billion on the stock market and is the fifth largest wireless operator worldwide. Acquisition speculation has caused the stock price to rise and a deal values the operator at $25 billion to $30 billion.

ALLTEL Corp., AT, Company overview, Financial report

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Telekom Austria buys phone firm serving Belarus

Article Abstract:

Telekom Austria AG has bought a 70% stake in Belarus firm Mobile Digital Communication for $1.03 bil in a deal that includes an option to purchase the remaining 30%. Telekom Austria will be taking on a portion of MDC debt but the amount was not specified.

Belarus, Austria, Wireless communications, Wireless communication systems, Mobile communication systems, Wireless technology, Telekom Austria AG

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India's Reliance to buy Yipes for $300 million

Article Abstract:

India's Reliance Communications Ltd. has agreed to buy US data communication services firm Yipes for $300 mil in an all-cash deal. The purchase is the largest acquisition Reliance has made to date; the move boosted the firm's stock price by 3.5%.

Securities issued, listed, India, Securities, Company securities, Reliance Communications, Yipes Communications

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