$5Bln Telekom Stake for Sale
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State-owned development bank KfW is selling up to 4 billion euros ($4.9 billion) worth of shares in Deutsche Telekom, the latest step in the privatization of the former German phone monopoly.
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THE German government has sold a 6.3 per cent stake in phone operator Deutsche Telekom, raising up to Â£3.1 billion to help cut its growing budget deficit.
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Austria's largest mobile phone operator Telekom Austria said Monday it won the right to purchase 100% of Bulgaria's largest cellular phone operator MobilTel (M-Tel) for EUR1.6 billion.
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Mobile phone giant Vodafone sells its 25% stake in Swisscom Mobile for 4.25bn Swiss francs (Â£1.8bn).
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The company, battered by the subprime crisis, said it would sell a $5 billion stake to a Chinese investment fund.
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Germany is selling a E4.45 billion (R36.12 billion) stake in Deutsche Telekom, making it the fourth European government to sell state assets in the past six weeks to help reduce a deficit that exceeds EU limits ...
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The French government is looking to raise up to â¬5.8bn to help pay its debts by selling some of its France Telecom shares. As this will reduce its shareholding to just over 40 per cent, the move will allow
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The wireless service provider offered more than $5 billion in stock for rival Leap.
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The price range for the shares is for institutional clients and excludes brokerage fees. It values Hutchison Telecom at between US$3.
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The Dutch private equity firm will sell the stake in the mobile telephone company to a Dutch investor.
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Kreditanstalt fuer Wiederaufbau (KfW), the state owned bank that the German government uses as a vehicle for privatisation, is selling via the open market a stake of around seven percent in telecommunications giant Deutsche Telekom.
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The Swedish-Finnish telecommunications operator TeliaSonera said it had bought the remaining 10 percent stake in Lithuania's major mobile company Omnitel that it did not already own for 63.5 million dollars (51.4 million euros).
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Venezuelaâs government agreed to buy the stake held by Verizon Communications in CompaÃ±Ã­a AnÃ³nima Nacional TelÃ©fonos de Venezuela for $572 million.
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Temasek, the investment arm of the Singapore government, has been granted an option to take a 4.99 per cent indirect stake in Bharti Airtel, India&#39;s leading mobile phone operator, that could be worth about $2bn based on current market prices.
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France will sell 9.6 percent of shares in France Telecom, the French finance ministry announced Wednesday. The state-owned telecommunications company will raise at least $5.
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TELSTRA has announced a $750 million off-market share buy-back as part of its capital management program. Telstra expects to return $1.
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Germany&#39;s Roechling family completed the sale of its stake in weapons-maker Rheinmetall AG to institutional investors for 561 million euros ($743 million), people familiar with the transaction said.