Alcatel expected to unveil accord to acquire Xylan

Article Abstract:

French communications equipment company Alcatel S.A. is rumored to be acquiring Xylan Corp. The American corporation is being purchased for $2 billion in cash. The purchase will help Alcatel to gain a presence in the internet communications market.

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Alcatel S.A. rumored to be acquiring Xylan Corp.

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Deutsche Telekom, AT&T and KPN to sell stakes in Utel

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AT&T, along with Deutsche Telekom and KPN, will sell off their shares in Utel, the national long-distance carrier of the Ukraine, to Ukrtelecom. Ukrtelecom is Ukraine's national telecom monopoly.

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Telefonica-KPN Deal Hits Potential Snag

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The Spanish government wants a stronger committment from the Dutch to sell its stake in KPN.

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