Quarterly warning sends Sprint stock tumbling 5.1%

Article Abstract:

Sprint Corp. saw its share value drop by 5.1% after acknowledging that its earnings for the 2000 third-quarter would be disappointing. The decline in share value caused a drop in already struggling telecom shares.

United States, Sprint Corp., FON

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Phone unit of humbled PCCW begins peddling a huge bond issue

Article Abstract:

PCCW-HKT Telephone Ltd. (PCCW) is promoting a major bond issue of at least $2.5 billion (2.95 billion euros). The issue will increase the financing costs of Pacific Century CyberWorks Ltd., PCCW's parent firm.

Hong Kong, Finance, Pacific Century CyberWorks Ltd., PCCW-HKT Telephone Ltd.

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KPN's shares jump amid some optimism

Article Abstract:

Royal KPN N.V. is planning to launch a new share issue and a restructuring effort. The 5 billion euros share issue has begun debates on the future of Europe's largest telecom shares.

Netherlands, Telecommunications, Telephone Communication, Planning, Royal KPN N.V.

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