The dual tranche Softbank Corp bond issue proceeds would help fund the Sprint Nextel bid of the company.
Telecommunications
Onexim to consider shareholdings in OAO Rostelecom
Onexim is now in discussion as to shareholdings purchase in OAO Rostelecom. Onexim Group, which is owned by Russian billionaire Mikhail Prokhorov, has said it may consider the purchase of a 10.
Nigerian Regulators Issue New Rules
NCC issues new rules for mobile phone users in Nigeria. Under new regulations for mobile phone users in Nigeria, indivdual customers can change their service providers and retain their numbers.
Time Warner and CBS Ripe to Merge
Time Warner and CBS's complementary strengths would make a merger most viable. Time Warner Inc and CBS Corp have flirted about a merger for many years and now may be a good time for it to happen.
Charter Communications Raises IPO Funds
Charter Communications had offered bonds to pay for buyback and redemption activities of the firm. In an announcement last Friday, Charter Communications Inc had priced its shares for a planned initial public offering of notes that fall due on 2024.
Latest News
Dish plays national security issue in its bid to stop the Softbank bid from pushing through. Dish Network has formally sought regulator intervention, specifically suspension of the review of the bid provided by Softbank Corp of Japan for the acquisition of Sprint Nextel Corp.
Verizon's CFO is in the process of putting together a bid for Clearwire. The Chief Financial Officer of Verizon Communications Inc had confirmed that the telephone company is in the process of putting up a bid for Clearwire Corp for its wireless spectrum.
Tele2 is exploring acquisitions in Europe and Eurasia. Tele2, the Swedish telecommunications firm after its recent Russian exit, is now in search of acquisitions located in Europe and Eurasia.
ISS, once a vociferous critic, now proposes the approval of the new merger deal between MetroPCS and T-Mobile USA.
One of the biggest shareholders in Sprint-Nextel favors the bid of Dish Network over Softbank of Japan.
Numericable is exploring public listing to raise funds for the French cable firm. Numericable's private equity owners have asked banks to provide information and options as to a possible stock exchange listing for the firm this year.
Meilleurtaux.com sale has been completed to Equistone Partners. BPCE announced today the completion of sale of its hundred percent shareholdings in Meilleurtaux.
Liberty Global seeking to purchase Kabel Deutschland to prevent Vodafone's bid for the cable operator.
Glass Lewis has recommended the acceptance of new merger terms for T-Mobile and MetroPCS. In a 180 degree turn, proxy advisory firm Glass Lewis is now recommending to its MetroPCS Communications shareholders to approve the wireless service provider's merger with T-Mobile USA.
