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Verizon says will not pay a premium for Vodafone stake - analyst
2013-05-03 12:05:07| IT Services - Topix.net
Verizon Communications would like to buy out Vodafone from their Wireless joint venture but will not do so at any cost, its chief executive has told JP Morgan analysts, In a note to clients, analyst Philip Cusick said Verizon boss Lowell McAdam had said he did not believe a premium would be required to buy Vodafone's 45 percent stake in the highly ... (more)
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premium
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vodafone
Bharti Airtel to sell 5% stake to Qatar Foundation
2013-05-03 09:23:00| Telecompaper Headlines
(Telecompaper) Indian mobile operator Bharti Airtel will sell a 5 percent stake for USD 1.26 billion to the Qatar Foundation Endowment, Bloomberg reported. Bharti said it will issue 199.9 million new shares at INR 340 each, or 7.3 percent more than the closing price on 2 May the day before the announcement. Bharti raised USD 1.5 billion in March to help fund USD 2.3 billion of capex in the quarter.
Tags: sell
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Qatar Foundation buys Bharti stake
2013-05-03 07:49:35| BBC News | Business | UK Edition
India's largest mobile phone operator, Bharti Airtel, agrees to sell a 5% stake to Qatar Foundation Endowment as it looks to strengthen its finances.
Tags: foundation
qatar
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stake
Bharti says Qatar Foundation to invest $1.26bn for 5% stake
2013-05-03 02:00:00| Total Telecom industry news
India-based telco says investment will provide it with further financial flexibility.
Tags: foundation
invest
qatar
stake
Duke-American Transmission Buys Stake in 84-Mile California Transmission Line
2013-05-01 19:43:00| Transmission & Distribution World
Duke-American Transmission has completed its previously announced purchase from Atlantic Power of 72 percent of the capacity of Path 15 an 84-mile, 500-kV transmission line in central California. read more
Tags: line
california
transmission
buys
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