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Microsoft, Nokia held 'advanced' talks on merger - report

2013-06-20 09:15:00| Telecompaper Headlines

(Telecompaper) Microsoft recently held "advanced talks" with Nokia about buying its handset business, people familiar with the matter told the Wall Street Journal. The discussions faltered over price and worries about Nokia's slumping market position, among other issues, the report said. One source said talks took place as recently as this month but aren't likely to be revived. A Nokia spokeswoman said the companies meet regularly but declined to comment further. According to the report, Nokia also last year considered a potential spin-off of Navteq. CEO Stephen Elop shot down the idea because he believed mapping was an important part of Nokia's product offerings. The paper's sources also said Nokia has been exploring a buy-out of Siemens in the Nokia Siemens Networks joint venture.

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GAO says airline merger would reduce competition

2013-06-20 08:17:39| Airlines - Topix.net

A government review finds that the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers.

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Telecom Industry Could See Biggest Merger Spree Since '06

2013-06-19 20:49:09| IT Services - Topix.net

Global telecommunications companies are chasing deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006.

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Telecom Industry Could See Biggest Merger Spree Since '06

2013-06-19 13:02:52| Telecom - Topix.net

Global telecommunications companies are chasing deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006.

Tags: since industry biggest telecom

 

Dish steps down from Sprint merger to clear way for Clearwire

2013-06-19 02:09:20| CNET News.com

After a months-long battle between Dish and SoftBank over Sprint, the satellite company abandons its $25.5 billion bid for the wireless carrier to focus on "completing the Clearwire tender offer." [Read more]    

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