Tel Austria may buy Mobiltel for $2.1bn
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VIENNA: Telekom Austria, seeking faster growth in eastern Europe than it can find at home, is in exclusive talks to buy Bulgariaâs largest mobile phone operator for about e1.6bn ($2.1bn), it said on Monday.
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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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LONDON -- Britain's Vodafone Group PLC has agreed to buy a 67 percent controlling interest in Hutchison Essar Ltd., one of India's leading cellphone companies, for $11.1 billion, Vodafone said yesterday.
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T-Mobile, Germany's leading mobile phone operator, said it was planning to axe up to 2,200 jobs as part of a  one-billion-euro (1.3-billion-dollar) cost-cutting drive to boost profitability in face of current difficult market conditions.
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Deutsche Telekom&#39;s (DTEGn.DE) mobile  phone unit T-Mobile clinched a deal to bring Apple Inc&#39;s iPhone  handset to Germany, according to a report in a German daily.
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Telekom Austria AG, Austria&#39;s biggest phone operator won the right to buy Bulgaria&#39;s largest mobile phone company, MobilTel EAD.
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German phone giant Deutsche Telekom said it plans to buy back full control of its Internet unit by next year to profit from burgeoning demand for broadband Internet services, a move that could cost the company euro2.9 billion (US&#36;3.6 billion).
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Stake in Deutsche Telekom AG may be sold by Germany for â¬4.45 billion ($5.5 billion) as EU faces finance deficits and seeks for the ways to resolve the problem.
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German telecommunications giant Telekom on Saturday announced plans to take its Internet unit off the stock market in a â¬2.9 billion ($3.
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Deutsche Telekom&#39;s (DTEGn.DE) mobile  phone division, T-Mobile, said on Wednesday it won a deal to  sell Apple&#39;s  iPhone and said the price would be 399  euros ($558), as reported last week by Reuters.
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German phone giant Deutsche Telekom said Saturday it plans to buy back full control of its Internet unit by next year to profit from burgeoning demand for broadband Internet services, a move that could cost the company euro2.9 billion (US&#36;3.6 billion).
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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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Telecommunications firm Mobilkom Austria, fresh from wading into the Serbian market, has expanded its Balkan footprint by becoming the third mobile provider in Macedonia.
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The German telecommunications operator Deutsche Telekom wants to gain control of Poland's leading mobile phone operator PTC through an option to buy shares held by the Polish electricity and telecoms group Elektrim, it said.
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Telecom Italia is to borrow another â¬12bn ($16bn) to fund a cash and shares deal worth more than â¬20bn for the 44 per cent of its mobile arm that it does not own.
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The German government is planning a second auction of UMTS third-generation mobile phone licences in 2008 after the first auction in 2000 raised a staggering 50 billion euros (65 billion dollars), the head of the networks regulator said in a newspaper interview.
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Swisscom AG  will repurchase a 25 percent stake in Swisscom Mobile from Britain's Vodafone Group Plc for 4.25 billion Swiss francs ($3.5 billion) in a long-awaited deal to fortify its home market position.