The USD 130 billion price tag for the recently-concluded deal between Verizon and Vodafone was agreed over an exercise session and breakfast between the firms' two CEOs.
Telecommunications
French tycoon forwards interest for Vivendi CEO position
After a disappointing recommendation for the next Vivendi CEO, Vincent Bollore throws hat into the ring for the position.
Italy assures public no opposition to foreign takeovers
Italy' economy minister assures the market that Italy has no policy to oppose foreign bids for domestic enterprises.
Generali to sell Telecom stake if no convincing plan is proposed
Generali Chairman Gabriele Galateri said that it had planned to exit the company through a stake sale unless it comes up with a convincing business plan.
Microsoft's record of deals patchy at best- Factbox
Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.
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According to tycoon Naguib Sawiris, he is interested in purchasing a stake in Telecom Italia but may opt not to in light of the Italian press' preference for Telefonica.
Generali Chairman Gabriele Galateri told Reuters in an interview that the company would be selling its stake in Telecom Italia depending on the decision made during the Italian phone company's shareholders meeting.
There are many options available to Telecom Italia, but there are specifics being searched for, according to its Chairman Franco Bernabe.
Mark Thompson of NY Times accused BBC chief Chris Patten of misleading the British Parliament after large payments for the broadcaster's staff were made after they departed the firm.
Natalie Gordon, a shareholder at Verizon Communications filed a lawsuit against the company claiming that the deal with Vodafone Group Plc was overpriced.
Deutsche Telekom had applied for a sports betting license and is currently reviewed by the Interior Ministry of the German state of Hesse.
American Tower said it would invest USD4.8 billion for the acquisition of MIP Tower Holdings LLC, parent of Global Tower Partners.
Telegraaf Media Group (TMG) was able to raise EUR 391 million by selling its non-core stake in ProsiebenSat 1.
Sources said NTT DoCoMo would finally start offering Apple's iPhones to its Japanese subscribers.
