France Telecom to acquire NTL Stake for Eoros980 million

Article Abstract:

France Telecom S.A. agreed to pay $1 billion for a 10% stake in UK-based cable operator NTL Inc., and is prepared to finance the company's bid for another cable provider, Cable and Wireless Communications PLC. The move is likely to precipitate a bidding war in the UK's rapidly consolidating cable industry.

France, Communications, Broadcasting and Telecommunications, Cable Television Systems, Cable Networks, England, Cable television broadcasting industry, Cable television, NTL Inc., France Telecom S.A.

---

Vodafone Nears Pact For Swisscom Unit

Article Abstract:

Vodafone Group PLC is seeking to acquire a 25% stake in the cellular telephone division of Swisscom AG. The deal, which is valued at 3.32 billion in Euro dollars, is expected to provide Vodafone with a strong presence on the European continent.

Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Switzerland, Telephone Communication, Cellular telephone services industry, Cellular telephone services, Vodafone Group PLC, Swisscom AG

---

Similar abstracts:

• Abstracts: France Telecom's board approves purchase of Orange. BT sells $10 billion in long-term bonds. BT shares plunge 18% on poor earnings outlook
• Abstracts: France Telecom Confirms Deal to Acquire Orange. Deutsche Telekom lands Siris. France Telecom seeks to buy 20% of MobilCom
• Abstracts: CSM to acquire Unilever arm for 700 million euros. Telefonica is in talks to merge with KPN
• Abstracts: Compass agrees to acquire Selecta for 586.6 million euros. Granada and Compass to merge in stock swap. Granada holds merger talks with Compass
• Abstracts: Deutsche Boerse to launch portal for individual investors. Deutsche Boerse gets upper hand. Deutsche Boerse lays groundwork for 24-hour trades

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.