SK Telecom denies Sprint Nextel bid talk
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South Korea's SK Telecom denied on Tuesday a local newspaper report that it is preparing a bid for Sprint Nextel.
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SEOUL/NEW YORK  - Shares in Sprint Nextel Corp.  surged in Monday U.S. after-hours trade following a report that South Korea's top telecoms operator, SK Telecom Co., was preparing to bid for the No. 3 U.S. wireless firm.
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Croatia will call a new international tender for a third mobile telecommunications license after authorities refused an offer from a Croatian-Swedish consortium.
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Nortel's CEO says he'll consider his company's options, but won't comment on possible Motorola merger.
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LONDON/NEW YORK  - Wireless telecommunications company Vodafone Group Plc  denied a report that it was considering a $160 billion bid for Verizon Communications Inc. , a move that would consolidate ownership of their wireless joint venture.
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DECEMBER 10, 2004 (REUTERS) - Sprint Corp. is in advanced talks to buy Nextel Communications Inc. for more than $36 billion in a mostly stock deal that would combine the No.
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The California network-equipment maker says the $2.2 billion deal to be acquired by a Chinese telecom won't proceed, because federal authorities reviewing the proposed sale said security issues can't be resolved.
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Leap Wireless International Inc.   said on Sunday its board of directors had rejected an  unsolicited bid from larger rival MetroPCS Communications Inc.  .
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Wireless phone provider Leap Wireless International Inc. said Sunday that it is rejecting an unsolicited buyout offer from MetroPCS Communications Inc.
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SINGAPORE : In a further twist to Temasek&#39;s takeover offer for Neptune Orient Lines, NOL&#39;s directors have rejected a call by substantial shareholder, Paulson &amp; Co, to seek
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Nextel and Sprint are in talks that could lead to a merger between the two mobile phone operators, sources close to the discussions said on Thursday.
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Nortel Networks on Monday declined to comment on a news report that the company is negotiating with Motorola to...
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LONDON/NEW YORK  - British wireless telecommunications company Vodafone Group Plc  said on Monday it is not planning to bid for Verizon Communications Inc. , responding to a report it was considering a $160 billion offer.
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Verizon Communications has no imminent plans to bid for Sprint, people familiar with the situation said Tuesday, lifting a potential obstacle to Sprint&#39;s bid for Nextel Communications.
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Leap Wireless International Inc.  said on Sunday its board of directors had unanimously rejected an unsolicited bid worth more than $5 billion from larger rival MetroPCS Communications Inc. .
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Vodafone Group on Monday denied a newspaper report it is considering making a $160 billion bid for its U.S. partner in the wireless phone business, Verizon Communications.
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(InfoWorld) - South Korea's SK Telecom denied on Tuesday a local newspaper report that it is preparing a bid for Sprint Nextel. "It's a groundless rumor," said Im Igsoon of the company's investor relations department. Earlier the same day the Korean Economic Daily reported that SK Telecom has been talking with several global equity funds since earlier this year about funding a takeover of the U.S. carrier. SK Telecom is South Korea's leading cellphone carrier and holds more than half of the country's cellular market of about 40 million subscribers. Most of SK Telecom's customers are on its CDMA (code division multiple access) network although it is currently launching a nationwide network based on the competing WCDMA (wideband CDMA) technology. Sprint Nextel uses a combination of CDMA and a proprietary network technology called iDEN (integrated enhanced digital network). In January 2005 SK TelecomÂ partnered with Internet service provider EarthlinkÂ to launch a mobile virtual network operator called Helio. The carrier hasn't performed to expectations and continues to lose money. It's current goal is to attract 250,000 subscribers by the end of the year and 3.3 million by the end of 2009. SK Telecom has also targeted China and Vietnam with overseas investment. Last year itÂ spent about $1 billion on bondsÂ in China United Telecommunications Co.Â (China Unicom), China's No. 2 cellular carrier.