Telekom Malaysia,Singapore, to buy Idea Cellular stake
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The government of Singapore and Telekom Malaysia Bhd agreed to buy a 48 percent stake in India&#39;s Idea Cellular from three companies for US$390 million to tap into India&#39;s wireless market.
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The Australian mobile carrier units of Vodafone Group PLC and Singapore Telecommunications Ltd. have agreed to roll out a combined third-generation (3G) cellular network in the country, they said Friday.
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Sprint Corp. (FON.N: Quote, Profile, Research) on Wednesday agreed to buy mobile telephone company Nextel Communications Inc. (NXTL.
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Sprint - the US&#39;s third biggest mobile telco - and fifth-place rival Nextel are reportedly in talks about a possible merger. The deal would create a carrier with approximately 39m subscribers and a market value of around $70bn.
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TELEKOM Malaysia Bhd will need to fork out an additional US$344.5mil (RM1.31bil) next year on top of the US$314mil and US$156mil it is paying for stakes in Indonesiaâs Excelcomindo (Excel) and Indiaâs Idea Cellular respectively.
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Cingular Wireless continues to meet its AT&amp;T Wireless merger approval obligations to shed some assets. The latest: The carrier is selling its stake in IDEA Cellular.
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SINGAPORE (Dow Jones)--Singapore&#39;s state-owned investment company Temasek Holdings Pte Ltd. Friday said it sold a 2% stake in Singapore Telecommunications Ltd.
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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, the Rzeczpospolita daily reported ...
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Share price of Telekom Malaysia Bhd rose more than 1.7% or 20 sen to RM11.80 on Dec 10 after winning the bid for Indonesia&#39;s third-largest mobile phone operator PT Excelcomindo Pratama.
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Temasek Holdings , the Singapore government-owned investment agency, has approached Nasdaq  to buy its 30 percent stake, worth 800 million pounds ($1.6 billion), in the London Stock Exchange , a newspaper reported on Sunday.
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The government of Singapore and Telekom Malaysia Bhd. agreed to buy a 48 percent stake in India&#39;s Idea Cellular from three companies for $390 million to tap into India&#39;s wireless market.
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US mobile operators Sprint and Nextel are in talks about a $70bn merger (Â£36bn) according to newspaper reports. The deal would create the country&#39;s third-biggest mobile operator which would have 38.5 million
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Vodafone buys a controlling stake in Indian mobile phone firm Hutchison Essar for $11bn (Â£5.6bn).
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PHILADELPHIA/NEW YORK  - Sprint Corp. is close to  an agreement buy Nextel Communications Inc. for more than $36  billion in a mostly stock deal that would combine the No. 3 and  No. 5 U.S. wireless telephone companies, sources familiar with  the situation said on Friday.
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Australian Prime Minister John Howard said yesterday&#39;s invitation for proposals from investment banks on how to sell the government&#39;s A$32 billion ($24 billion) stake in Telstra Corp.
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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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Slovak Telecom, the fixed-line operator controlled by Deutsche Telekom of Germany, has agreed to buy out AT&amp;T Wireless and Verizon from its mobile arm Eurotel for an undisclosed price.