Deutsche Telekom, Cable & Wireless see shares soar on report of deal

Article Abstract:

Deutsche Telekom seems to have a number of options besides Sprint Corp. that could enable it to become a worldwide telecommunications force. The firm is currently looking at potential acquisitions, making telecommunications stocks increase.

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France Telecom Sells Stake In German Rival for C3.1 Billion

Article Abstract:

Germany's state development agency will buy a 1.8% stake in Deutsche Telekom from France Telecom for 3.1 billion in Euro dollars. The deal, which stems from a cross shareholding agreement between France Telecom and Deutsche Telekom, gives France Telecom an option to buy back the stake.

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U.S. appears poised to approve Deutsche Telekom acquisition

Article Abstract:

Deutsche Telekom AG's planned acquisition of VoiceStream Wireless Corp. is expected to be approved by the US Federal Communications Commission. The deal is worth $25.9 billion (28.9 billion euros).

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