Telecom Italia is poised for improved fortunes

Article Abstract:

Telecom Italia SpA is expected to see a rise in its share value in 1999 amidst new management, a possible downsizing, and the company's poor performance in 1998 on the stock market. In addition, Italy's Treasury will sell off its share in Telecom Italia, a former monopoly in the telecommunications industry. Analysts believe that this could bring in a partner from overseas. This in turn, would improve the company's outlook.

Comment:

Expected to see a rise in its share value in 1999

Italy, Abstract, Telecom Italia S.p.A.

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Eircom studies bids, but board unlikely to support either

Article Abstract:

Eircom PLC's board is considering two competing offers for its multimedia, fixed-line, and directories operations. The Valentia consortium has made a 1.221 euros per share offer, while e-Island offered 1.241 euros per share.

Ireland, Mergers, acquisitions and divestments, Eircom PLC, Valentia Consortium, E-Island

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Firms halt talks on merger

Article Abstract:

Talks on a proposed merger between Asia Global Crossing Ltd. and Global Crossing Ltd. have been terminated. Stockholders had expressed opposition to the merger.

Taiwan, Other Communications Equipment Manufacturing, Fiber Optics Systems & Equip, Communications equipment, not elsewhere classified, Bermuda, Fiber optic networks, Global Crossing Ltd., GBLX, Fiber optics industry, Asia Global Crossing Ltd., AGCX

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