EU launches full inquiry of Telia-Telenor merger

Article Abstract:

The proposed merger between Sweden's Telia AB and Norway's Telenor ASA has come under the scrutiny of the European Commission's antitrust regulators. The merger agreement, which has been valued at up to $47 billion, will be subjected to a four month investigation as the result of insufficient concessions offered by Telia and Telenor. Industry analysts have said that the European Commission regulators will pressure the companies to sell of certain cable television operations.

Communications, Broadcasting and Telecommunications, Sweden, Communications Equipment Manufacturing, Communications Equipment, Norway, Telecommunications equipment, Communications industry, Telia AB, Telenor A/S

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WorldAccess agrees to buy Star Telecom

Article Abstract:

Eager to expand its presence in the rapidly growing European telecommunications market, American-based WorldAccess Inc. announces its intent to acquire Star Telecommunications Inc. for euro dollar 645 million. WorldAccess hopes that this acquisition will bring the company closer to achieving its goal of becoming a consolidator of international telephone companies, especially those in Europe.

United States, Wired Telecommunications Carriers, Long Distance Telephone Svc, Statistical Data Included, Long distance telephone services, World Access Inc., STAR Telecommunications Inc.

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Outside call: crash in telecom stocks invites takeovers

Article Abstract:

The article discusses how the crash in the stocks of Europe's national telephone firms is inviting takeovers. Eircom PLC, for example, is about to be sold to the highest bidder.

Ireland, Telephone Communication, Eircom PLC

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