FRANCE: COLT STRIKES DEAL WITH LOUIS DREYFUS

Article Abstract:

UK-based telecoms firm, Colt Television, has struck a deal with Louis Dreyfus, the Franco-Belgian telecoms company, it was announced on 12 April 2000. The deal will see Colt acquire network totalling around 4,500 route kms from Louis Dreyfus and will help the latter develop its network in Europe. Colt is also planning Colt Euro1, a new European service.

France, Product introduction, Telephone Communications, Telephone services, Contracts, Colt, Louis Dreyfus and Company Ltd.

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US: WORLDCOM MAY SPIN OFF UUNET

Article Abstract:

WorldCom may spin off UUNet in order to obtain clearance in the US and Europe for its acquisition of the US-based long distance telecoms business, Sprint. UUNet is the largest Internet traffic carrier worldwide and is the most valuable asset to US-based long distance and data carrier, WorldCom, which is looking to buy Sprint for US$ 120bn. WorldCom regards the spin-off proposal as the only option to deal with fears among regulators over the merged group's hold over the Internet traffic market. The indications are that problems in dividing up the long distance network of Sprint from the Internet side have lessened the chances of the firm's Internet protocol network being sold by WorldCom after the merger is completed.

United States, Government regulation (cont), Long Distance Telephone Svc, Long distance telephone services, Sprint Corp., WCOM, FON, MCI Inc., UUnet

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EUROPE: TELIA AND COLT STRIKE AGREEMENT

Article Abstract:

UK-based Colt Telecom Group will purchase network totalling 2,200 miles in Austria and Scandinavia from Telia, the Swedish telecoms operator. Colt will also procure submarine cable capacity from Telia, connecting UK and Dutch networks. Meanwhile, Telia will also purchase duct network of 1,860 miles from Colt and located in Germany.

United Kingdom, Austria, Acquisitions & mergers, Netherlands, Germany, Telecommunications, Sweden, Telephone Communication, Telephone Cable, Other Communication and Energy Wire Manufacturing, Scandinavia, Nonferrous wiredrawing & insulating, Telia AB, Electrical wire and cable industry, Electric wire and cable industry, COLT Telecom Group

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