Deutsche Telekom to pay $50 billion for U.S. company; opposition in Congress; deal for VoiceStream would be first in telephone industry by foreign government

Article Abstract:

German telecommunications services company Deutsche Telekom AG will pay $50.7 billion dollars for American cellular communications concern VoiceStream Wireless Corp. VoiceStream, although not yet profitable, has the potential to reach 70 percent of the American population with its network's geographic scope. Deutsche Telekom has been in the market for a US company for a long time. If the merger should fall through, Deutsche Telekom has promised VoiceStream a cash investment of $5 billion.

Germany, Telecommunications, Radiotelephone communications, Cellular and Other Wireless Telecommunications, Telephone Communication, Mobile Radio Services, Wireless communications services, Deutsche Telekom AG, VoiceStream Wireless Corp., VSTR

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How the Comcast deal came together; who said what to whom, and where was he when he said it?

Article Abstract:

With the investment help of Microsoft Corp., Comcast Corp. will acquire AT and T Broadband from AT and T Corp. for $20 billion in debt and $47 billion in stock. Comcast Pres. Brian Roberts and AT and T CEO C. Michael Armstrong worked out the deal that creates the largest cable TV operator in the US with 22 million subscribers. The only close competitor in subscription TV service will be a merger of EchoStar with DirecTV. That combination, if approved, will have 17 million subscribers. AOL Time Warner and Cox Communications were left out in the cold but will generate deals with AT&T Comcast to gain subscriber access.

Wired Telecommunications Carriers, Cable Television Systems, Cable Networks, Telephone Communications, Telephone communications, exc. radio, Cable and other pay TV services, Statistical Data Included, Analysis, Management, Acquisitions and mergers, T, Cable television broadcasting industry, Cable television, Telephone services, Comcast Corp., CMCSA, AT and T Corp., Armstrong, C. Michael, Comcast Cable Holdings L.L.C., Roberts, Brian L.

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