Verizon Will Sell Its 20.5% Stake in Canada&#39;s Telus
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Verizon Communications Inc., the biggest US telephone company, will sell its 20.5 percent stake in Telus Corp. to raise cash to invest in its wireless and high- speed Internet services.
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Verizon Wireless is buying cellular capacity for 23 markets from bankrupt NextWave Telecom Inc. for $3 billion, ending the government&#39;s long tug-of-war over the never-used licenses and bolstering Verizon against
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NEW DELHI: General Electric Co. plans to sell a majority stake in its Indian call-centre unit to General Atlantic Partners LLC and Oak Hill Capital Partners for US$500mil to help the business gain new customers.
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Rogers Wireless Communications Inc. agreed to buy Microcell Telecommunications Inc. for C$1.4 billion ($1.08 billion), beating a bid by Telus Corp.
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Bell Canada said it was discussing a possible merger with Telus, the leading phone company in western Canada.
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Cingular Wireless said Monday it has agreed to sell its Cingular Interactive unit to investment banking firm Cerberus Capital Management LP, but will retain the operation&#39;s e-mail customers and several key accounts.
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Canadian telecom equipment giant Nortel Networks Corp.  has signed a $2-billion (C$2.32 billion) supply deal with Verizon Wireless  to help the carrier cope with an explosion in demand for broadband Internet access.
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NEW YORK  - Rupert Murdoch's News Corp. Ltd. will sell its stake in Sky Latin America to DirecTVGroup , another company which it controls, for $579million in order to consolidate operations of the two satellitebroadcasters, the companies said on Monday.
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Telstra Corp., Australia&#39;s biggest phone company, agreed to buyback A$750 million ($576 million) of its own stock at the lowest price in a range offered to shareholders.
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The controversial plan to create a  Canadian telecom &quot;champion&quot; by merging Telus Corp.  with  market leader BCE Inc.  would not choke competition and  require a sale of either company&#39;s lucrative wireless network,  Telus&#39;s chief executive said on Thursday.
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Rogers Communications Inc. (RCIb.TO: Quote, Profile, Research) confirmed on Monday it would buy AT&amp;T Wireless Services Inc.&#39;s (AWE.
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Arguably the longest running soap-opera drama in the wireless industry has announced its final episode: Verizon Wireless (NYSE: VZ) announced plans to acquire assets of a reorganized
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Verizon Wireless said it has reached a deal to buy all of NextWave&#39;s remaining spectrum licenses for US$3 billion in cash, just the latest instance of consolidation in the wireless industry
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The French Government is to sell part of its stake in France Telecom to help reduce the country's debt, the finance ministry says.
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NEW YORK, December 13  - Cingular Wireless, a joint venture between SBC Communications (SBC.NYS) and BellSouth Corporation (BLS), has agreed to sell its 33% stake in Indiaâs fifth-largest mobile operator, Idea Cellular, to Singapore
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Canada&#39;s government launched the sale of its remaining C$3 billion ($2.3 billion) stake in Petro-Canada (PCA.TO: Quote, Profile, Research) (PCZ.
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Telus, the Western Canadian telephone company, unexpectedly withdrew its bid for its larger rival, Bell Canada.