Global Crossing will acquire C&W unit

Article Abstract:

The undersea cable unit of Cable and Wireless PLC will be acquired by fiber optic networks firm Global Crossing Ltd. for $725 million in cash. Hamilton, Bermuda-based Global Crossing, which is planning to construct undersea networks that will join land-based networks around the world, recently obtained US-based Frontier Corp. for $11.2 billion.

United Kingdom, Wired Telecommunications Carriers, Other Communications Equipment Manufacturing, Fiber Optics Systems & Equip, Bermuda, Intnl Telephone Service, Fiber optic networks, Global Crossing Ltd., Fiber optics industry, International telephone services, Cable & Wireless PLC

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Allianz will take stake in Pimco

Article Abstract:

Allianz AG has reached an agreement to acquire a majority share of Pimco Advisors Holdings LP for $3.3 billion (3.13 billion euros). Allianz will purchase 70% of Pimco.

Foreign operations, Insurance, Insurance Carriers and Related Activities, Insurance industry, Abstract, Allianz Aktiengesellschaft Holding, PIMCO Advisors Holdings L.P.

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Deutsche Telekom Fuels Speculation on Deals. Some Sobering Facts for Holders and Directors

Article Abstract:

Deutsche Telecom's stock is strong enough to generate speculation about acquiring other telecom companies, including possibly U.S. companies.

Forecasts, trends, outlooks, Telephone Communication, Management, Deutsche Telekom AG

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