CRO to invest gains from offers in data network

Article Abstract:

Ceske Radiokomunikace AS, a Czech-based telecommunications company, will invest in the expansion and development of the company's network. CRO offered new shares to international investors, and is offering a rights issue to current shareholders. The company's offerings are worth a total of approximately 4.3 billion koruna, $134.6 million. Currently, CRO generates 50% of its revenues form offering data telecommunication transmission through its high volume network, while the other 50% come from CRO's operations in providing over-land transmission of radio and television signals.

Comment:

Offers new shares to intnl investors, & a rights issue to current shareholders, w/ proceeds to be used in dvlpmt of data network

Capital expenditures, Communications, Broadcasting and Telecommunications, Czech Republic, Article, Ceske Radiokomunikace AS

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Telmex offers record debt deal

Article Abstract:

Telefonos de Mexico SA (Telmex) is offering a record convertible debt deal. Telmex is offering as much as $1.25 billion (1.21 billion euros) in debt. The offering includes $750 million in convertible bonds. Telmex is the leading telephone carrier in Mexico. The company's convertible senior debentures due in the year 2004 will be issued by JP Morgan Securities, Salomon Smith Barney, and Donaldson, Lufkin & Jenrette.

Comment:

Offering as much as $1.25 billion (1.21 billion euros) in debt

Wired Telecommunications Carriers, Telephone Communications, Mexico, Telecommunications services industry, Telephone services, Abstract, Telefonos de Mexico S.A. de C.V.

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Advice to clunky conglomerates: follow GUS and enrich holders

Article Abstract:

Buybacks and dividends from U.K. conglomerate GUS, or Great Universal Stores PLC, have improved since the firm began spinning off some of its businesses during the past five years. GUS has made payouts since 2002 with a current value of 2.2 bil pounds sterling.

United Kingdom, Conglomerate corporations, Company securities, Great Universal Stores PLC

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