Dial R for restructuring

Article Abstract:

The article discusses British Telecommunications' (BT's) restructuring plans. Investors lowered the company's stock to roughly 50%. BT plans to include the partial spinoff of its wireless unit, the separation of its U.K.-wide network from the retail business, and asset sales.

United Kingdom, British Telecommunications PLC

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KPN dismisses talk it will sell German, Belgian assets

Article Abstract:

KPN NV denied that it is planning to divest assets in Belgium and Germany. The company also implied that a rights issue may be launched soon in order to lower its debt, valued at 23.2 billion euros.

Netherlands, KPN N.V.

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Cecchi Gori may sell TV stakes to News Corp., Telecom Italia

Article Abstract:

Cecchi Gori Group SpA announced that it is engaged in negotiations with News Corp. and Telecom Italia SpA to sell parts of its two television channels. Such a deal would mean a major step toward reorganizing one of the largest media groups in Europe.

Italy, Australia, Foreign operations, Television Broadcasting, Newspapers, Newspaper Publishers, Television broadcasting stations, MOTION PICTURES, Motion Picture and Video Industries, TV Stations, Television broadcasting industry, Newspaper publishing, Motion picture industry, Movie industry, Telecom Italia S.p.A., The News Corporation Ltd., NWS, Television stations, Cecchi Gori Group

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