By Victoria Howley and Georgina Prodhan LONDON | Thu Nov 24, 2011 2:19pm EST T.N) collapses. Investment bankers within the telecoms sector say the German group’s immediate priority might be to guard its dividend, which it should struggle to do if the deal fails. This may be a catalyst for the sale of its stake …
Monthly Archive: November 2011
Nov
24
2011
Nov
24
2011
UPDATE 1-Quebec hearing lifts Maple’s hopes on TMX takeover
AT&T Inc.’s withdrawal of its FCC application to purchase rival T-Mobile USA Inc. puts the point of interest on litigation with U.S. antitrust authorities trying to block the $39 billion deal. AT&T and T-Mobile owner Deutsche Telekom AG (DTE) pulled their applications to the Federal Communications Commission to devote their attention to winning Justice Department …
Nov
24
2011
AT&T braces for T-Mobile deal collapse
On Thursday 24 November 2011, 20:16 SGT By Harro Ten Wolde and Georgina Prodhan FRANKFURT/LONDON (Reuters) – Prospects for the $39 billion sale of Deutsche Telekom’s T-Mobile USA unit to AT&T (NYSE:T) darkened after the U.S. telecoms giant said it should take a $4 billion charge in case of failure and the pair gave up …
Nov
24
2011
AT&T, Telekom to press ahead with T-Mobile deal
By Harro Ten Wolde and Georgina Prodhan FRANKFURT/LONDON (Reuters) – Prospects for the $39 billion sale of Deutsche Telekom’s T-Mobile USA unit to AT&T darkened after the U.S. telecoms giant said it’d take a $4 billion charge in case of failure and the pair gave up on one avenue of regulatory approval. The corporations haven’t …
Nov
24
2011
AT&T, Telekom to press ahead with T-Mobile deal
George Soros, founding father of Soros Fund Management, otherwise often called the “Man Who Broke the Bank of britain,” is a financial force to be reckoned with. He was within the business since 1952 and successful enough to earn a niche among the many world’s richest people (35th to be exact). Soros’ investing decisions might …
Nov
24
2011
AT&T, T-Mobile deal hopes crumble
On Thursday 24 November 2011, 21:44 SGT By Harro Ten Wolde and Georgina Prodhan FRANKFURT/LONDON (Reuters) – AT&T said it’s going to take a $4 billion charge in case its takeover of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents. The U.S. telecoms group and T-Mobile …
Nov
24
2011
Ultimate Market Recap: Groupon Crashes Below IPO Price, Deere and TiVo Earnings
On Thursday 24 November 2011, 23:54 SGT By Harro Ten Wolde and Georgina Prodhan FRANKFURT/LONDON (Reuters) – Prospects for the $39 billion sale of Deutsche Telekom’s T-Mobile USA unit to AT&T (NYSE:T) darkened after the U.S. telecoms giant said it might take a $4 billion charge in case of failure and the pair gave up …
Nov
24
2011
AT&T braces for T-Mobile deal collapse
Executives at AT&T attend a news conference in Ny city. Combining AT&T and T-Mobile USA, the second one and fourth-largest U.S. wireless providers respectively, would create a brand new market leader with 134 million customers, dethroning verizon Wireless. Photographer: Platt/Getty Images AT&T Inc. (T), whose $39 billion bid for T-Mobile USA is challenged by the …
Nov
24
2011
AT&T braces for T-Mobile deal collapse
By Georgina Prodhan and Harro Ten Wolde LONDON/FRANKFURT (Reuters) – AT&T said it’s going to take a $4 billion charge in case its takeover of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents. The U.S. telecommunications group and T-Mobile owner Deutsche Telekom, said they’d continue to …
Nov
24
2011
Clear Signs of Trouble for Clearwire
On Friday 25 November 2011, 1:42 SGT By Georgina Prodhan and Harro Ten Wolde LONDON/FRANKFURT (Reuters) – AT&T (NYSE:T) said it is going to take a $4 billion charge in case its takeover of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents. The U.S. telecommunications group …