Deutsche Telekom buys stake in OTE

Article Abstract:

Seeking to gain management control via a shareholders' agreement, Deutsche Telekom AG agrees to the purchase of a 20% stake in Hellenic Telecommunications Organization S.A. for $3.92 billion. Article discusses the details of the transaction, and Deutsche Telekom's negotiations with the Greek government to finalize the investment.

Greece, Germany, Forecasts, trends, outlooks, Securities issued, listed, Negotiation, mediation and arbitration, Securities, Deutsche Telekom AG, Company securities, Hellenic Telecommunications Organization S.A., Company business forecast/projection, Company forecasts

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SingTel puts Africa, Mideast into its sights

Article Abstract:

Singapore Telecommunications Ltd. is growing into emerging markets particularly Central Asia, the Middle East and Africa. Over the past ten years the mobile phone company has invested $13 billion in regional markets including India, Indonesia, the Philippines, Thailand, Bangladesh and Australia.

Asia, Africa, Middle East, Company overview

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SingTel's net profit climbs 3.3%: regional associates offset margin squeeze in core operations

Article Abstract:

Fiscal second-quarter net profit for Singapore Telecommunications Ltd. rose by 3.3% to $683.1 mil, while operating revenue increased by 11%. Earnings before amortization, depreciation, tax, and interest increased 43%.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit

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