KPN raises stake in SPT Telecom

Article Abstract:

Royal KPN NV acquired a 6.5% stake in SPT Telecom AS of the Czech Republic for $266.1 million. KPN already owns 27% of SPT through its TelSource venture with Swisscom AG. Analysts say KPN's stake in SPT could make it more appealing to the large telecom companies consolidating the market.

Czech Republic, Abstract, Royal KPN N.V., SPT Telecom a.s.

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Lithuania scales back IPO of State Telecom company

Article Abstract:

The article discusses how Lithuania has scaled back its intent to sell its entire 35% stake in AB Lietuvos Telekomas, the state telecom company, after the bid got a price of just 3.15 litas (84 European cents) per share, versus a range between three litas and 3.8 litas.

Lithuania, Brief Article, AB Lietuvos Telekomas

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SK Telecom's plans for stake progress

Article Abstract:

SK Telecom Co. will sell off a minority share of itself to NTT DoCoMo Inc. for $2 billion to $2.6 billion (2.32 billion euros to 3.02 billion euros). SK will sell NTT at least 14.5% of its shares.

South Korea, Japan, Foreign operations, Radiotelephone communications, Cellular and Other Wireless Telecommunications, Mobile Radio Services, Wireless communications services, NTT DoCoMo Inc., SK Telecom Company Ltd.

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