Telenor buys Vodafone unit

Article Abstract:

Telenor A/S of Norway is to acquire Vodafone Group PLC's Swedish wireless telecommunications unit valued at 1.04 billion Euros ($1.25 billion). Telenor A/S will be buying the third largest wireless telecommunications company in Sweden, Vodafone Group PLC has 15 million customer and 15 percent of market share. Telenor A/S shares rose 7.2 percent or 4.25 Kronor to 63.50 Kronor.

Sales & consumption, Communications, Broadcasting and Telecommunications, Sweden, Telephone Communication, Market share, Norway, Telecommunications services industry, Telecommunications industry, Company acquisition/merger, Communications industry, Company Profile, Telenor A/S, Company market share, Wireless telecommunications service, Market size

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Schroeder Sounds Alarm Over Crises Facing Germany Inc

Article Abstract:

Germany's Chancellor Gerhard Schroeder urged the German government to assist Philipp Holzmann AG from declaring bankruptcy. He also wants to help Mannesmann AG avoid a takeover by Vodafone AirTouch PLC.

Diversified Companies, Nonbuilding Construction, Highway, Street, Bridge, and Tunnel Construction, Germany, Government domestic functions, HEAVY CONSTRUCTION, EX. BUILDING, Construction industry, Heavy construction, Finance, Mannesmann AG, Philipp Holzmann AG, Powers and duties, Schroder, Gerhard (German chancellor)

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China become crucial in plans for telecom giants

Article Abstract:

Vodafone Group PLC has reached an agreement to acquire 2% in China Mobile, including an option to acquire a greater share of the firm later on. The deal could bring about more moves at a later point.

Asset sales & divestitures, Foreign operations, Hong Kong, China Mobile Communications Corp.

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