Tag: merger

Musk bullish, markets bearish on Tesla SolarCity deal

Musk bullish, markets bearish on Tesla SolarCity deal

Written by on November 2, 2016 in News with 0 Comments

SAN FRANCISCO/LOS ANGELES (Reuters) – Tesla Motors Inc said on Tuesday its $2.6 billion merger with SolarCity Corp would add over $500 million in cash to the electric carmaker’s balance sheet over the next three years, while contributing over $1 billion to revenue in 2017. Shares of Tesla fell another 2 percent in after-hours trade […]

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AT&T/Time Warner deal a sign of the times, where media meets mobile

AT&T/Time Warner deal a sign of the times, where media meets mobile

Written by on October 24, 2016 in Features with 0 Comments

NEW YORK (Reuters) – When Time Warner Inc’s Jeff Bewkes welcomed AT&T Inc’s Randall Stephenson for lunch at Time Warner Center in New York in late August, their meeting was supposed to be one of the catch-ups the two chief executives have had over the years. And it certainly started that way, with the two […]

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AT&T to pay $85 billion for Time Warner – content plus delivery

AT&T to pay $85 billion for Time Warner – content plus delivery

Written by on October 23, 2016 in News with 0 Comments

NEW YORK (Reuters) – AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers. The biggest deal in the world this year will, if approved by […]

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France’s Iliad to create fourth Italian telecom operator

France’s Iliad to create fourth Italian telecom operator

Written by on July 6, 2016 in News with 0 Comments

PARIS (Reuters) – France’s Iliad has agreed to create a fourth Italian mobile telecoms operator, it said on Tuesday, smoothing the way for CK Hutchison Holdings to merge its 3 Italia with Vimplelcom’s Wind. The announcement confirms a Reuters report. A fourth Italian mobile telecoms operator would help Hutchison gain antitrust approval for a merger […]

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French telecoms mega-merger talks collapse

French telecoms mega-merger talks collapse

Written by on April 4, 2016 in News with 0 Comments

PARIS (Reuters) – Talks between Orange and Bouygues on a deal to create a dominant French telecoms operator collapsed on Friday, ending an attempt to ease a price war that has ravaged operators’ margins. The failure of the proposed 10 billion euro ($11.4 billion) cash-and-share deal involving Bouygues Telecom is a blow to the two […]

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Telenor/Telia failed merger signals big issues for EU – who’s to blame?

Telenor/Telia failed merger signals big issues for EU – who’s to blame?

Written by on September 15, 2015 in Features with 0 Comments

Last Friday morning Telia and Telenor announced that they had withdrawn their application to merge their remaining Danish activities into one company. They already share the same network under TT Network P/S, a company which supplies traffic to both firms. Leading up to Friday‚Äôs announcement, an approval process was running by the EU competition authorities […]

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Nokia, Alcatel-Lucent post strong results as merger approaches

Nokia, Alcatel-Lucent post strong results as merger approaches

Written by on July 30, 2015 in News with 0 Comments

PARIS/HELSINKI (Reuters) – Shares in telecom network gear makers Nokia and Alcatel-Lucent jumped on Thursday after both posted strong second-quarter results, giving a positive signal ahead of their pending merger. Nokia’s 15.6 billion euro ($17 billion) acquisition of Alcatel-Lucent announced in mid-April aims to position the company to better compete with market leader Ericsson and […]

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Telenor and TeliaSonera claim merger will boost competition

Written by on June 25, 2015 in Snippets with 0 Comments

Telenor and TeliaSonera on Tuesday insisted that their planned merger in Denmark will boost competition in the market, contrary to the view of the European Commission, which issued a statement of objections to the deal. Read full story here….

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