AT&T eyes stake in Malaysia's TM Intl: report
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AT&T Inc , the biggest U.S.  phone company, wants to buy an unspecified stake in the mobile  arm of state-controlled phone firm Telekom Malaysia ,  a Malaysian newspaper reported on Wednesday.
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AT&T Inc.'s  incoming chief executive said on Wednesday that the U.S. phone company was open to using acquisitions to boost its overseas business, after failing to win control of Telecom Italia .
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The boards of directors of SBC  Communications Inc. SBC.N and AT&T Corp. T.N were to meet  on Sunday to vote on a more than $15 billion stock deal in  which SBC will buy AT&T, according to sources familiar with the  situation.
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The stocks of mobile service providers are likely to benefit as AT&amp;T Wireless Services Inc. shareholders seek new investments after Cingular completes its $41 billion takeover, analysts said.
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KUALA LUMPUR (Dow Jones)--Telekom Malaysia Bhd. (4863.KU) late Thursday said it will buy a 27.3% stake in Indonesia&#39;s PT Excelcomindo Pratama for $314 million in cash.
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Malaysia, which mostly sees Internet access through Singapore or US servers, will set up its own exchange to improve connectivity and reduce foreign exchange leakages, a minister has said.
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Walt Disney Co. and four Chinese investment firms are set to take an 11 percent stake in the National Basketball Association's Chinese subsidiary, The New York Times reported on Monday.
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Singapore&#39;s state-owned Temasek Holdings   has approached Nasdaq  to buy its 30 percent  stake in the London Stock Exchange , a newspaper  reported on Sunday.
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Walt Disney Co. and four Chinese  investment firms are set to take an 11 percent stake in the  National Basketball Association's Chinese subsidiary, The New  York Times reported on Monday.
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SBC Communications Inc. SBC.N, the  second-largest U.S. regional phone company, is in talks to buy  AT&T Corp. T.N for more than $16 billion, The New York Times  reported on Thursday, citing executives close to the  negotiations.
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KARACHI (Dow Jones)--The Privatization Commission on Saturday invited proposals from potential investors for the sale of a 26% government stake in the country&#39;s biggest telecommunications firm, Pakistan Telecommunication Co.
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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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SBC Communications Inc. , the second-largest U.S. regional phone company, is in talks to buy AT&T Corp.  for more than &#36;16 billion, The New York Times reported on Thursday, citing executives close to the negotiations.
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Nasdaq Stock Market Inc  has weighed selling a piece of itself to an overseas investor to help it seal a deal to buy Nordic exchange operator OMX AB , the Wall Street Journal reported on its Web site on Tuesday, citing people familiar with the matter.
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EUROPE&#39;S biggest phone company, Deutsche Telekom, has offered to buy out investors in its T-Online International internet division for about E3 billion ($5 billion) to revive growth at its fixed-line business.
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Canada's Bank of Nova Scotia   confirmed on Friday it was looking out for  acquisitions in Malaysia but denied a report that it planned to  buy an indirect stake in the country's fourth-biggest lender.
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Cingular Wireless, the largest United States cellphone service provider, has agreed to sell its 33 percent stake in Idea Cellular of India for about $200 million to a Malaysian joint venture.