Articles tagged with: Citigroup and Alltel

Telecoms dealmaking on hold in 4Q '08

According to a new study from Ovum, global economic downturn depressed valuations and dealmaking in the telecom sector in 4Q 2008. Based on Ovum's report, M&A deal count was 129 in 4Q08, from 192 in 4Q07, with only four deals valued above US$1 billion, from 10 in 4Q07.  more

Related Tags: ovum, zain, verizon, capex, telenor, lte, sms, oracle, ipo, tax, sun, zain-saudi-arabia, turk-telecom

BCE Buyout Total Debt Financing Package Up To $27 Billion -Source

NEW YORK -(Dow Jones)- The total debt financing package for the buyout of Canadian telecom company BCE could reach up to $27 billion and include up to $10 billion in bonds, according to a person familiar with the deal, which would make it the largest junk bond offering ever. more

Related Tags: pension

Sprint Spins Off Embarq As It Focuses On Wireless

NEW YORK -(Dow Jones)- Sprint Nextel late Wednesday completed the spinoff of its local telephone business, Embarq, as the company streamlines its business for growth. more

Related Tags: qwest, embarq, qwest-communications

Motorola's RAZR Seen Sparking Solid 4Q Earnings

NEW YORK -(Dow Jones)- Motorola should post solid fourth-quarter results Thursday as its trendy RAZR phones continues to propel sales in an already hot handset market.  more

Related Tags: lg-electronics