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BT moves to defend itself from potential takeover approaches - report
2020-08-24 11:03:00| Telecompaper Headlines
(Telecompaper) BT Group has asked advisers from Goldman Sachs to strengthen its defence strategy in recent weeks as it prepares to defend itself from potential takeover attempts, Sky News has learnt.
Tags: report
potential
approaches
moves
Undervalued BT bolsters defence as potential takeover attempt looms
2020-08-24 02:00:00| Total Telecom industry news
BT’s share prices have taken a nose dive this year, plummeting 48% to just 101.8p at the end of last week. As a result, the company is more vulnerable than ever to a potential take over, leading the ex-incumbent operator to ask Goldman Sachs to update its defence strategy against such a bid, according to reports. The past few years have clearly been a difficult time for BT…read more on TotalTele.com »
Tags: potential
attempt
defence
takeover
Deutsche Telekom Q2 results up on Sprint takeover, underlying revenue down 0.6%
2020-08-13 08:29:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported a surge in second-quarter results following its takeover of US operator Sprint. Revenues rose 37.5 percent to EUR 27.0 billion, and adjusted EBITDA AL jumped 56.4 percent to EUR 9.8 billion. Adjusted for the takeover and currency effects, revenues were down 0.6 percent, and EBITDA increased 8.4 percent.
Tags: results
deutsche
revenue
underlying
Liberty Global agrees new deal to merge UPC and Sunrise in CHF 6.8 bln takeover
2020-08-12 09:48:00| Telecompaper Headlines
(Telecompaper) Liberty Global announced a new attempt to merge its Swiss business UPC with Sunrise. The company has agreed a takeover of Sunrise for CHF 110 per share and an enterprise value of CHF 6.8 billion. This is a 32 percent premium to Sunrise's average share price in the past two months.
Twitter looking at possible TikTok takeover - report
2020-08-10 08:40:00| Telecompaper Headlines
(Telecompaper) Twitter has had preliminary talks about a potential combination with TikTok, people familiar with the matter told the Wall Street Journal. This could lead to a takeover of TikTok's US operations, the report said.
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