German prosecutors expand probe of telekom accounting

Article Abstract:

Prosecutors are expanding their investigation into the accounting practices of Deutsche Telekom AG. Investigators are looking at a 15 billion mark (Euro7.67 billion) write-down the firm took on its telephone network before its 1996 IPO.

Legal issues & crime, Telecommunications, Telephone Communication, Investigations, Deutsche Telekom AG

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Music-industry outsider is expected to head BMG

Article Abstract:

Bertelsmann AG will probably announce as early as Friday the appointment of Rolf Schmidt-Holtz, a music-industry outsider, as chief executive of its music division BMG Entertainment.

United States, Executive changes & profiles, Integrated Record Production/Distribution, Prerecorded records and tapes, Records & Tapes, Officials and employees, Bertelsmann AG, Sound recording industry, Recording industry, Sound recordings, BMG Entertainment

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Bids reach 12.6 billion in German wireless sale

Article Abstract:

Bids for third generation wireless licenses in Germany exceed expectations in only the second week of government auction.

Radiotelephone communications, Cellular and Other Wireless Telecommunications, Government regulation, Mobile Radio Services, Wireless communications services, Licensing agreements

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