Acquisition of VoiceStream Wireless delayed

Article Abstract:

Deutsche Telekom and VoiceStream Wireless have postponed DT's acquisition of VoiceStream because of links between DT stock and the terms of the deal. The acquisition was originally valued at $50.7 bil, comprised of 3.2 DT shares and $30 cash for each VoiceStream share. However, were the deal to close before May, DT would have to pay a dividend of about $250 mil total to those new shareholders. DT is worried that news of this additional expense will prompt a further decline in its stock price. Already DT shares are down, pegging the acquisition price at $30 bil. DT is pursuing VoiceStream because it is one of the few U.S. wireless telecoms to use Europe's GSM standard.

Asset sales & divestitures, Germany, Telecommunications, Mobile Radio Services, Statistical Data Included, Wireless communications services, Deutsche Telekom AG, VoiceStream Wireless Corp., VSTR

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With Huge Proposed Mergers, the Regulatory Maze Ahead for a Recast F.C.C

Article Abstract:

The Federal Communications Commission has the opportunity to greatly influence the telecommunications industry by deciding whether or not to let major mergers go ahead.

Legal issues & crime, Government regulation (cont), Government domestic functions, Cellular Mobile Radio Services, Government regulation, Communications, Broadcasting and Telecommunications, Public affairs, Legal/Government Regulation, Laws, regulations and rules, Cellular telephone services industry, Political activity, Cellular telephone services, United States. Federal Communications Commission, AT&T Corp., T, AT&T Inc., Communications industry, Nextel Communications Inc., Sprint Corp., NXTL, FON, Government communications regulation, MCI Inc., Wireless telecommunications service, Verizon Communications Inc., VZ, Powell, Michael (American chairperson), Telecommunications policy, MCIP

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