Lockheed pursues Asian cellular market

Article Abstract:

The global telecommunications unit of Lockheed Martin Corp. will acquire a 30% share in Asia Cellular Satellite for almost $150 million. Asia Cellular has had difficulty in completing the financing of a new wireless telephone system that was built to provide service in the Asian region. The system would use satellites constructed by Lockheed. Asia Cellular is a partnership of several Asian firms. It is headed by PT Pasifik Satelit Nusantara.

Comment:

Global telecommunications unit of Lockheed Martin Corp. will acquire a 30% share in Asia Cellular Satellite

COMMUNICATION, Communications, Broadcasting and Telecommunications, Satellite Telecommunications, Cable and other pay TV services, India, Satellite Voice Communications, Abstract, P.T. Asia Cellular Satellite System, Satellite telephony, Lockheed Martin Global Telecommunications

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Vodafone wins bid to acquire a 10% stake in Japan Telecom

Article Abstract:

Vodafone Group PLC has reached a deal to acquire a minority share in Japan Telecom Co. Vodafone, which competed with British Telecommunications PLC, will acquire 10% of Japan Telecom for $1.35 billion (1.48 billion euros).

United Kingdom, Japan, Telecommunications, Telephone Communication, British Telecommunications PLC, Vodafone Group PLC, Japan Telecom Company Ltd.

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BellSouth purchase expands business in South America

Article Abstract:

BellSouth Corp. acquired a minority share in Tele Centro Oeste Celular Particpacoes SA of Brazil for $229 million (254.7 million euros). BellSouth acquired a 16.5% share of Tele Centro.

Brazil, BellSouth Corp., BLS, Tele Centro Oeste Celular Participacoes S.A.

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