Telecom's 'best-kept secret' gets out

Article Abstract:

The stock of a little-known Amsterdam, Netherlands-based company called Equant has rocketed on speculations that it will soon attract a cash-rich company, possibly Deutsche Telekom of Germany. Equant's most desirable features are its data network, which extends to 220 countries and territories and is the world's most far-reaching network, and its roster of corporate clients, on which are listed many of the most prominent companies worldwide.

Netherlands, Equant NV

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Deutsche Telekom flirts with VoiceStream

Article Abstract:

Germany-based Deutsche Telekom is reportedly negotiating to acquire VoiceStream Wireless and is said to be prepared to pay roughly $30 billion for the firm. VoiceStream provides wireless telephone service to roughly 1.8 million customers in cities across the US. It is the only major US carrier which operates on the same technology used throughout Europe. The news may be indicative of Deutsche Telekom's waning interest in Sprint or its signal to Sprint of other options.

Acquisitions & mergers, Germany, VoiceStream Wireless

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Confusion divided Verizon strikers

Article Abstract:

Workers in the mid-Atlantic states who are striking against Verizon Communications moved some pickets north on Aug 23, 2000, in a move which threatened to revive a walkout that ended on Aug 21, 2000, for Northern workers. The Communications Workers of America (CWA) union urged its Northeastern members not to cross picket lines set up by CWA members who still have not settled a strike against the nation's largest local phone carrier. The strike, which started Aug 6, 2000, is seen as a test of organized labor's future in telecommunications, which is increasingly filling with upstart firms that have non-union workers.

Labor force information, Verizon Communications Inc.

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