Finland's No. 1 wireless firm weighs a merger; Sonera is a choice prize in Europe's deal fever; a pact in six months?

Article Abstract:

Recently, Sonera Corp., the largest wireless firm in Finland, has held exploratory talks about possible mergers with large European wireless companies. Insiders claim that Soera may soon hire Goldman, Sachs & Co. to study a merger, sale or other possible moves. Athough its shares have fallen, Sonera's market value has increased by a factor of seven in the last 18 months. The firm has 3.8 million wireless customers overseas and 2.2 million in Finland.

Finland, Mobile Radio Services, Europe, Acquisitions and mergers, Wireless communications services, Sonera Corp., Wireless telecommunications service

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Craig O. McCaw confounds the giants with his wild and woolly PCS bidding

Article Abstract:

Craig O. McCaw, founder of McCaw Cellular Communications, now runs a small start-up, ALAACR Communications Inc, which has been attracting attention among the telecommunications industry as they bid in the high-stakes auction of personal communications services (PCS). McCaw gained nearly $1 billion in stock from the sale of McCaw Cellular to AT&T in 1994, and is set to re-enter the wireless arena via PCS. The FCC recently auctioned 99 PCS licenses in 51 markets, but many of the larger telecommunications companies were outbid in early rounds by McCaw. Rivals speculating on McCaw's role in the PCS licensing auctions claim he may be a stalking horse for AT&T, driving up license pricing. McCaw is AT&T's largest stockholder with 17 million shares. Others speculate he may be acting as middleman, trying to get a few licenses to sell at a huge premium.

Officials and employees, Services, Marketing, Company marketing practices, Personal communications services, Company business planning, Telecommunications Service, McCaw, Craig O., Alaacr Communications Inc.

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Deutsche Telekom bids for wireless firm; offer totals $11.98 billion for Britain's One2One; German firms feels heat

Article Abstract:

Deutsche Telekom AG has offered to buy the smallest cellular telephone operator in Great Britain for $11.98 billion. This will be Germany's first foray into the active British telecommunications market. One2One is now owned by Cable and Wireless PLC and MediaOne Group Inc. Deutsche Telekom has outbid Mannesmann AG of Germany and France Telecom SA. Details of the agreement are still being worked out, but industry analysts believe that this deal is important to Deutsche Telekom in light of its failed merger with Telecom Italia earlier this yar

United Kingdom, Asset sales & divestitures, Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Cellular telephone services industry, One2One

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