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Tata, MTS, Aircel in merger talks - report

2013-09-30 01:26:00| Telecompaper Headlines

(Telecompaper) Indian mobile operators Tata Teleservices, MTS, and Aircel are in talks for a three-way merger. There has been a fair amount of discussion between Tata Teleservices and MTS parent Sistema Shyam Teleservices, but talks with Aircel are very new, a source with knowledge of the matter told the Economic Times. Tata Teleservices and Aircel have been struggling to reduce their debts while Sistema is cash rich and would be the dominant shareholder in the combined entity. The three companies did not comment on the merger rumours.

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Telecom Italia, Hutch merger talks called off

2013-07-04 02:00:00| Total Telecom industry news

Discussions over mobile merger in Italy have come to an end, Reuters reports.

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Telecom Italia Talks on Hutchison Wireless Merger Stall

2013-07-03 01:20:47| Telecom - Topix.net

Telecom Italia SpA 's discussions with Hutchison Whampoa Ltd. over a proposed merger of their Italian mobile-phone assets have stalled amid disagreements over valuation, according to four people familiar with the matter.

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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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