France Telecom nears Orange deal

Article Abstract:

France Telecom SA is acquiring Orange PLC from Vodafone Airtouch PLC for around 25 billion pounds (40 billion euros) in cash and stock.

Asset sales & divestitures, Acquisitions & mergers, Mergers, acquisitions and divestments, Vodafone AirTouch PLC, France Telecom S.A., Orange PLC, FTE

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British telecom postpones bond sale amid concerns over credit rating

Article Abstract:

Standard & Poor is considering downgrading the credit rating of British Telecommunications PLC from a double-A-plus to a mid-low singleA. This prompted British Telecom to postpone is bond offering of $10 billion (11.09 euros).

Financial analysis, Evaluation, British Telecommunications PLC, Standard and Poor's Financial Index (Index)

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One-2-One might be put on the block

Article Abstract:

One-2-One's co-owners said that the wireless opeator could be sold or offered in a initial public offering (IPO). MediaOne Group Inc. and Cable & Wireless PLC are One-2-One's co-owners. It is believed that the company would probably be sold for approximately $16 billion. MediaOne and Cable & Wireless own 50% of One-2-One each. MediaOne's investment in the company has been approximately $484 million to this point.

Comment:

Co-owners say wireless opeator could be sold or offered in initial public offering

Planning, Abstract, Mercury Communications PLC

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