Microsoft to invest $500 million in NTL

Article Abstract:

Microsoft Corp. has reached an agreement to invest $500 million to acquire 5.25% of NTL Inc.'s convertible preferred stock. The investment could speed up NTL's high-speed telephone, digital cable television, and Internet network rollout. NTL is widely seen as the most aggressive of Great Britain's three major cable television operators. NTL will use the Microsoft investment to finance its network. NTL also hopes to use Microsoft's name to promote its new services.

Comment:

Microsoft Corp. to invest $500 million in NTL; to acquire 5.25% of company

United States, Prepackaged software, Computer Software, Software Publishers, Foreign operations, COMMUNICATION, Communications, Broadcasting and Telecommunications, Commodity & service prices, England, Computer software industry, Software industry, Software, Microsoft Corp., Abstract, Communications industry, NTL Inc., MSFT

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BT to pay Euro6 billion for Viag Interkom stake

Article Abstract:

British Telecommunications PLC will acquire from E.On AG an additional 45% stake in Viag Interkom, Germany's telecommunication operator, for around Euro6 billion.

Germany, Telecommunications, Telephone Communication, Telecommunications services industry, Brief Article, British Telecommunications PLC, Viag Interkom GmbH und Co., E.ON AG

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