Entries tagged "Vodafone"
If British carrier Vodafone consolidates its home market, what becomes of its U.S. joint venture with Verizon Communications?
Credit agency Fitch Ratings issued a debt scorecard for 23 telecom, cable and satellite industries on Thursday.
The numbers show that M&A deals are down 33% so far this year from 2007, according to data compiled by New York-based research firm Freeman & Co. The slowdown in deals has risen mostly because of the obvious slowdown of credit from the global banking meltdown. But the crisis has also created the comeback of the billion-dollar deal. Overall, Bloomberg reports there have been $389 billion in takeovers since the beginning of September resulting from bank collapses....
The U.K.'s Vodafone Group plc confirmed Thursday that its Verizon Wireless joint venture is in advanced talks about buying Alltel Corp. from its private equity owners. ...
The list of suitors for a more-than-50% stake in Huawei Technologies Co. Ltd.'s handset business could include AT&T Corp., Verizon Communications Inc. and Vodafone Group plc, according to a report in the South China Morning Post. The story said that PE firms such as Blackstone Group LP, TPG Capital and Kohlberg Kravis Roberts & Co. could also have an interest. Combining a stake in the Chinese telecom equipment company's mobile phone business with a large U.S. carrier would revisit an earlier time in telecom history, when the phone company controlled both the network and the actual phones....
Stay tuned to TheDeal.com and Deal International for updates to these stories and more.Atos Origin SATopping headlines out of Europe Wednesday morning, Atos Origin asks shareholders to vote against board candidates proposed by its largest shareholders Centaurus Capital LP and Pardus Capital Management LLC, who want to break the business up....
