Telekom Austria to Buy 100% of Bulgaria's M-Tel for EUR1.6 Bln
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Austria's largest mobile phone operator Telekom Austria said Monday it won the right to purchase 100% of Bulgaria's largest cellular phone operator MobilTel (M-Tel) for EUR1.6 billion.
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Telekom Austria on Monday won the right to acquire MobilTel, the Bulgarian operator, for â¬1.6bn ($2.12bn), in a deal that would allow it to tap into an underdeveloped mobile market.
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Deutsche Telekom AG, Europe's biggest telecommunications company, said Monday it will buy the remainder of SunCom Wireless Holdings Inc. for $1.6 billion in cash.
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Norwegian telecoms company Telenor have formally taken over Serbia's biggest mobile operator Mobi 63, a month after paying 1.5 billion euros (1.9 billion dollars) for it.
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Telecom Italia SpA, Italy&#39;s largest phone company, plans to buy the 44 percent of wireless unit Telecom Italia Mobile SpA it doesn&#39;t already own, a stake with a market value of about
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Deutsche Telekom, the parent company of T-Mobile USA, said Monday it had agreed to acquire Southeastern US carrier SunCom for $1.6 billion USD in cash.
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The Swedish-Finnish telecommunications operator TeliaSonera said it had bought the remaining 10 percent stake in Lithuania's major mobile company Omnitel that it did not already own for 63.5 million dollars (51.4 million euros).
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FRANKFURT/LONDON Oct 11  - Germany sold a 6.3  percent stake in phone operator Deutsche Telekom on Monday,  raising up to 4.5 billion euros ($5.6 billion) to help it curb  a burgeoning budget deficit.
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Swisscom  has agreed to  repurchase a 25 percent stake in Swisscom Mobile from British  mobile phone company Vodafone  for 4.25 billion Swiss  francs ($3.48 billion), in a long-awaited deal.
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ECI Telecom, an Israeli maker of telecommunications equipment, agreed to be bought by the Swarth Group and the Ashmore Group for $1.2 billion.
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Deutsche Telekom mobile phone division T-Mobile USA has agreed to buy SunCom Wireless Holdings Inc for about $1.6 billion, the companies said on Monday.
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Spain's BBVA has agreed to buy U.S. bank Compass Bancshares Inc. for $9.6 billion in cash and shares, realizing a long-held goal to gain a solid footing in the United States.
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The Dutch private equity firm will sell the stake in the mobile telephone company to a Dutch investor.
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Bulgaria's government on Thursday approved a deal in which Czech energy provider CEZ a.s. acquired 67% stakes in the power distribution companies in Sofia City, Sofia District and Pleven for EUR281.5 million.
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German telecommunications giant Deutsche Telekom has agreed with French firm Vivendi Universal and Polish energy group Elektrim to buy Poland's biggest mobile phone group PTC.
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Belgium's dominant telecom firm  Belgacom  will take full control of mobile unit  Proximus after agreeing to buy Vodafone Group Plc's  25  percent stake for 2 billion euros ($2.6 billion), it said on  Friday.
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Finnish-Swedish telecommunications group TeliaSonera revealed on Wednesday a plan to buy back 1.1 billion euros worth of shares.