EU slows down Sprint acquisition

Article Abstract:

Regulatory approval is still required from the European Union and United States to allow France Telecom and Deutsche Telekom to acquire a 20% holding in long-distance operator Sprint of the United States. The liberalisation of Germany's telecommunications market may reduce objections by the US to the acquisition by Deutsche Telekom, but France Telecom may be ostracized if the French telecommunications market is not similarly opened up to competition. Some observers believe the structural and cultural differences between the European and US markets could also be an adverse factor in determining approval.

Securities, Sprint Corp., Deutsche Telekom AG, Deregulation, France Telecom S.A.

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Record IT M&A in UK

Article Abstract:

Figures from Broadview Associates shows a record number of merger and acquisition deals in the UK's information technology (IT) industry during the first half of 1995. The number of transactions reached 180, up 32% from same period 1994, with a total value of 4.5 billion pounds sterling, up 246% from previously. The largest deal was the strategic alliance between German telecom concern Veba and Cable & Wireless of the UK.

Telecommunications Equipment, Communications Equipment Manufacturing, Acquisitions and mergers, Telecommunications equipment industry, Telecommunications systems, Statistics

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Telia privatisation on-line for 1996

Article Abstract:

Swedish telecoms concern Telia could now be privatised as early as the first half of 1996, according to analysts. The company itself is keen for a sell-off to take place as soon as possible, and the privatisation will allow the Swedish government to raise funds to cut its budget deficit. Its is hoped that the sale will take place before the privatisation of Deutsch Telekom, planned for May or Jun 1996.

Telephone Communication, Management, Planning, Telia AB, Privatization, Privatization (Business)

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