BT sells Eutelsat satellite stake
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BT Group says the sale of its 15.8% stake in the Paris-based satellite operator Eutelsat is part of a strategy to focus on its core telephony business.
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Telecoms group BT bolstered its worldwide presence today by unveiling plans for a landmark acquisition costing almost one billion US dollars.
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Telecoms giant BT cuts prices on two of its tariff packages as well as the cost of evening and weekend calls.
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PanAmSat Holding Corp., the largest US commercial-satellite operator, filed to sell as much as $1.12 billion in shares though an initial public offering eight months after being sold to Kohlberg, Kravis, Roberts &amp; Co.
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Deutsche Telekom said it had sold its remaining 7.3 percent stake in SES Global, the world's leading satellite operator, for approximately 345 million euros (449.5 million dollars).
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Britain&#39;s largest cable company, NTL, is to sell its network of communication masts and towers in a deal worth almost Â£1.3bn, it was announced today.
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British Telecom (BT) said it has signed an agreement to acquire Infonet, a leading provider of IT and telecom services, for a consideration of $865 million.
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Satellite operator Eutelsat reports a rise in profits on the back of  world demand for new TV and information services.
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LONDON British Airways said Wednesday that it would sell its stake in Qantas Airways and use the proceeds to strengthen its balance sheet for acquisitions in Europe.
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Bulgaria sold a formerly state-owned 34.6% package of national telecom provider BTC (BTC) to private investors for leva (BGN) 625 million (EUR312.5 million) on Thursday, an official said.
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British defense firm BAE Systems  won shareholders' backing on Wednesday to sell its stake in planemaker Airbus to EADS , which a day earlier said a fresh delay in the A380 superjumbo would hit earnings.
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The private equity firm BC Partners will buy the worldâs largest commercial satellite operator, in a deal that values the company at about $5 billion.
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British telecoms company BT Group will pay a minimum of â¬116m to gain full control of loss-making Italian telecoms firm Albacom, as the UK company continues its return to the takeover trail.
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BT moved to bolster its position in the global market for providing communications services to multinational corporations yesterday with the $965m (Â£376m) acquisition of loss-making California telecoms group Infonet.
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London-based private-equity firm BC Partners was in the lead to purchase satellite operator Intelsat Ltd. for about $5 billion plus the assumption of about $11.5 billion in debt, The Wall Street Journal Online reported.
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Satellite-fleet operator Eutelsat is looking for gap-filler Ka-band capacity over Europe to meet the expected demand for consumer broadband services starting this year as it waits for its large Ka-Sat satellite to be completed and launched in 2010, company officials said.
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BT has made a $965mn bid for California-based telecommunications services provider Infonet. The deal is subject to approval by Infonet&#39;s shareholders and regulatory authorities and if given the go-ahead is