Moviles, Portugal Telecom Offer to Buy Brazil Shares
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Telefonica Moviles SA and Portugal Telecom SGPS SA, joint owners of Brazil&#39;s largest mobile-phone company, offered 1.52 billion reais ($513 million) to buy shares in four units in Brazil, their fastest growing market.
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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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Shares in Telecom Italia and its mobile phone subsidiary TIM were sharply higher in opening deals, a day after Telecom Italia announced an offer to buy the shares it does not own in TIM and merge with it.
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Swiss telecommunications group Swisscom said it was in talks with Austrian state holding company OeIAG and Telekom Austria about buying the Austrian operator.
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Telecom Italia (TLIT.MI: Quote, Profile, Research) on Tuesday offered to buy out minority shareholders in its mobile arm TIM in a 21 billion
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Telecom giant Verizon Communications Inc. has reportedly floated an informal buyout offer for MCI Corp., the long distance telephone company that has been awash in takeover speculation in the wake of regional phone company SBC Communications Inc.'s $16 billion deal for AT&T Corp.
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TAP-Portugal is in talks to buy a stake in rival airline Portugalia from financial services group Grupo Espirito Santo, the Portuguese flag carrier said,
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America Movil SA, the largest provider of wireless services in Latin America, expects to launch third-generation handsets in early 2008 and spend up to $3.2 billion expanding its network over the next year, company officials said Friday.
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Brazilian metals giant Companhia Vale do Rio Doce (CVRD) is to buy Australian coal producer AMCI for $661m.
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MILAN Telecom Italia will approve a plan Tuesday to buy the 44 percent it does not already own of the mobile phone unit Telecom Italia Mobile in a deal valued at about â¬20 billion, according to people familiar with the negotiations.
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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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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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Giant mining group Anglo-American said Thursday it had begun talks with MMX Mineracao e Metalicos SA (MMX) of Brazil to acquire control of two Brazilian iron ore projects for 5.5 billion dollars.
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Brazil and Venezuela boost their strategic alliance by signing a range of trade agreements.
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Deutsche Telekom AG, Europe&#39;s largest telecommunications company, has moved to strengthen its ability to provide bundled voice, data and video services by making an offer to buy back the shares of its Internet subsidiary that it doesn&#39;t already own.
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French airline Air France-KLM said Wednesday that it was open to takeover talks with Italy&#39;s troubled Alitalia carrier, which is seeking a buyer, and with Iberia of Spain.
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Internet company Yahoo and Latin  America's top mobile phone company America Movil  said  on Thursday they have struck a deal to provide mobile Web  services to 16 countries in Latin America and the Caribbean.