The transaction solidifies Deutsche Telekom’s majority stake in T-Mobile US
German operator Deutsche Telekom activated an option to buy an additional 6.7 million shares in its subsidiary T-Mobile US from Japanese company SoftBank Group, the former said in a statement.
Through this agreement, the carrier exercised...
Maxis said it aims to play an active role in the upcoming phase of the 5G rollout in Malaysia
Malaysian carrier Maxis confirmed it is ready to complete the share subscription agreement (SSA) with state-run 5G network Digital Nasional Berhad (DNB) and to sign the...
The Spanish government aims to acquire a stake of up to 10% in Telefonica
The Spanish government said it had already acquired a 6% stake in domestic telecom operator Telefonica through a state holding company.
Spanish state-run company Sociedad Estatal de Participaciones Industriales (SEPI) noted that...
America Movil said this transaction increases its overall shareholding in Telekom Austria from 51% to 56.55%
Mexican telecommunications group America Movil has increased its ownership in Austrian mobile operator Telekom Austria after it acquired shares corresponding to 5.55% of the voting rights in the company.
In...
Deutsche Telekom now has a 50.2% stake in T-Mobile US
Germany's Deutsche Telekom (DT) has finally surpassed a 50% stake in T-Mobile US after years of steadily increasing its ownership in the American company. During a DT general meeting held this week, CEO Timotheus Hoettges...
Latin America telecom giant América Móvil has moved forward on its plans to increase its stake in Dutch-based telecom company KPN, saying it now holds 8.46% of KPN's stock.
According to its statement, América Móvil has entered into three separate transactions pursuant to which it purchased...
América Móvil said it has entered into an agreement with Marathon Zwei Beteiligungs GmbH, a wholly owned subsidiary of RPR Privatstiftung, to acquire approximately 21% of the outstanding shares of Telekom Austria, which counts 20.3 million wireless subscribers and 2.6 million fixed lines.
If approved,...
Dutch telecom operator KPN has had a busy month attempting to counter a move by Mexico-based operator América Móvil, which is looking to increase its presence in the European market.
About a month ago, América Móvil – the wireless carrier group controlled by...
Spain telecom giant Telefónica announced it has agreed to sell almost half its stake in China Unicom (4.56%) for about $1.41 billion (€1.13 billion) to the Chinese telecom’s unlisted parent company. It is part of Telefónica's efforts to cut debt. China Unicom’s shares (CHU...
Wall Street Journal | August 30, 2011 | Kenan Machado
MUMBAI – Reliance Broadcast Network Ltd. said Monday it is in talks with private-equity investors to raise as much as 4 billion rupees ($87 million) through a preferential allotment of shares, as the company seeks...
Bazaarvoice | August 26, 2011 | Press Release
Bazaarvoice, Inc. announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The shares will be offered by...
France Telecom - Orange | August 17, 2011 | Press Release
France Telecom announces having purchased treasury shares within the framework of its 2011 share buy back program.
View the full press release via Orange
Mobile TeleSystems | August 10, 2011 | Press Release
Moscow, Russian Federation – Mobile TeleSystems OJSC (“MTS” or the “Company” – NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announces that the Company’s ordinary shares are expected to commence trading on the...
Nokia | July 27, 2011 | Press Release
Espoo, Finland - Based on previously announced decisions of the Board of Directors to issue shares held by the Company, 18 092 Nokia shares (NOK1V) held by the Company are today transferred to participants of Nokia's equity-based...
Nokia | July 27, 2011 | Press Release
Espoo, Finland - Based on previously announced decisions of the Board of Directors to issue shares held by the Company, 18 092 Nokia shares (NOK1V) held by the Company are today transferred to participants of Nokia's equity-based...
Vodafone | July 26, 2011 | Press Release
The Annual General Meeting of Vodafone Group Plc was held at the Queen Elizabeth II Conference Centre, Broad Sanctuary, Westminster, London SW1 on Tuesday 26 July 2011.
View the results of polls on all 23 resolutions.
The number of...
TeliaSonera | July 22, 2011 | Press Release
The reduction of share capital by means of cancellation of shares resolved upon on April 6, 2011 by the annual general meeting in TeliaSonera has now been effected after the Swedish Companies Registrations Office’s approval of the...
Business-skewed social network LinkedIn today launched a new service which could become a key future revenue stream in the notoriously hard-to-monetise social space.
Reuters | July 11, 2011 | Emi Emoto, Taro Fuse
Elpida Memory Inc plans to raise nearly 80 billion yen ($992 million) through new shares and convertible bonds as it shifts production away from DRAM memory to more profitable smartphone chips.
Read the full article here...
Round Rock-based Dell Inc. (DELL) has already repurchased around $1.6 billion in shares so far this year and executives said the second-largest computer maker in the world plans to buy another $2 billion before the end of 2011. Details about the...
Market Intelligence Center | June 27, 2011
China Mobile Ltd (NYSE: CHL) closed Friday’s trading session at $47.03. In the past year, the stock has hit a 52-week low of $43.51 and 52-week high of $54.70. China Mobile (CHL) stock has been showing support...
Reuters | June 17, 2011 | Hyunjoo Jin and Jungyoun Park
SEOUL (Reuters) - Samsung Electronics and other Asian technology stocks tumbled on Friday on fears the sputtering global economy will crimp demand for computers and TVs and hurt earnings at chip and panel makers for...
New Zealand Herald | June 17, 2011 | Hamish Fletcher
Foreign firms will be allowed to buy up Telecom's retail business when the company breaks up this year.
Under its Kiwi Share obligations, no foreign company can own
......
Read full article here via New Zealand Herald
WSJ | June 7, 2011 | Anthony Harrup
MEXICO CITY (Dow Jones)--Citigroup unit Banamex said the selloff this year in shares of Mexican telecommunications giant America Movil SAB (AMX, AMX.MX), which faces increasing regulatory pressure and stepped up competition, has been overdone and represents a good...
