KPN raises stake in SPT Telecom

Article Abstract:

Royal KPN NV acquired a 6.5% stake in SPT Telecom AS of the Czech Republic for $266.1 million. KPN already owns 27% of SPT through its TelSource venture with Swisscom AG. Analysts say KPN's stake in SPT could make it more appealing to the large telecom companies consolidating the market.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Lithuania scales back IPO of State Telecom company

Article Abstract:

The article discusses how Lithuania has scaled back its intent to sell its entire 35% stake in AB Lietuvos Telekomas, the state telecom company, after the bid got a price of just 3.15 litas (84 European cents) per share, versus a range between three litas and 3.8 litas.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

SK Telecom's plans for stake progress

Article Abstract:

SK Telecom Co. will sell off a minority share of itself to NTT DoCoMo Inc. for $2 billion to $2.6 billion (2.32 billion euros to 3.02 billion euros). SK will sell NTT at least 14.5% of its shares.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: