EU panel starts probe of venture of BT, AT and T

Article Abstract:

A British Telecommunications PLC and AT and T Corp joint venture is the subject of an antitrust investigation by the European Commission. The EU antitrust authority expressed concerns about the companies' market shares in global telecom services to multinationals and carrier services to other telecom operators. Another major concern was BT's dominance or near dominance in some UK services. The possibility that AT and T subsidiary ACC Corp could coordinate activities with BT and Telewest Communications PLC was also a concern.

Government regulation (cont), European Union, Merger Regulation, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Europe, Acquisitions and mergers, AT&T Corp., T, Investigations, British Telecommunications PLC, Corporation law

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Telekom says a merger may be key to strategy

Article Abstract:

Deutsche Telekom AG CEO Ron Sommer said the company was considering a strategic acquisition or merger to avoid being acquired up by a foreign company. The German government is still the majority owner of Telekom, and is anxious to prevent large companies' headquarters from being moved abroad. Telekom has no specific merger or acquisition target in mind at the moment, a company official said.

Strategy & planning, Germany, Planning, Mergers, acquisitions and divestments, Deutsche Telekom AG

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Verizon labor talks extend past deadline for strike

Article Abstract:

Verizon Communications' labor negotiations with two labor unions went beyond the midnight strike deadline on August 6, 2000. Verizon's 85,000 workers are threatening to go on strike in what would be one of the largest walkouts in recent times.

United States, Personnel administration, Labor relations, Labor unions, Verizon Communications Inc., VZ

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