VoiceStream to buy PowerTel

Article Abstract:

PowerTel Inc. will be bought by VoiceStream Wireless Corp., a mobile-phone services firm being acquired by Deutsche Telekom AG, for near $7.2 billion. In so doing, Deutsche Telekom will obtain 727,000 customers in the Southwest. Even if Deutsche Telekom's acquisition of VoiceStream does not go through, Voicestream will proceed with the PowerTel purchase.

Germany, Telecommunications, Mobile Radio Services, Wireless communications services, Deutsche Telekom AG, VoiceStream Wireless Corp., VSTR, Powertel Inc.

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2 Offers Made For Phone Unit Of Italian Utility

Article Abstract:

Two groups have made an offer for Wind, a subsidiary of Enel; one is comprised of the Blackstone Group, Permira and Providence Equity Partners, and Goldman Sachs, and the other is made up of the private investors Naguib Sawiris, Wilbur L. Ross and Philippe Nguyen.

Italy, Investment Banking and Securities Dealing, Electric Utilities, Electric Power Generation, Transmission and Distribution, Investment Banking, Financial management, Executive changes & profiles, Electric services, Security brokers and dealers, Egypt, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Officials and employees, Finance, Investment banks, Company financing, The Goldman Sachs Group Inc., ENEL S.p.A., Subsidiaries, divisions and units, Orascom Telecom Holding SAE, Nguyen, Philippe, Ross, Wilbur L., Sawiris, Naguib, Blackstone Group L.P.

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Motorola May Lose Sales If Nextel and Sprint Merge

Article Abstract:

If the merger of telephone service providers Sprint Corp. and Nextel Communications Inc. goes through, there will be a big shift in the fortunes of telecommunications equipment makers Motorola, Nortel Networks and Lucent Technologies.

Telephone and telegraph apparatus, Canada, Contracts & orders received, Facilities & equipment, Contracts & orders let, Equipment and supplies, Telecommunications equipment industry, Contracts, Lucent Technologies Inc., Nextel Communications Inc., Sprint Corp., NXTL, FON, LU, Nortel Networks Corp., NT, Contract agreement

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