Articles tagged with: Citigroup and Tax

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, alltel, capex, telenor, lte, sms, oracle, ipo, sun, zain-saudi-arabia, turk-telecom

France Telecom 1st Half Net Down 19% On Tax

PARIS -(Dow Jones)- France Telecom, Thursday gave some solace to the European telecom sector as it continued to show steady growth in revenue and underlying earnings, stuck to its 2008 goals, and said it will pay its first ever interim dividend in September.  more

Related Tags: teliasonera, telefonica, france-telecom, cfo, France

Sarkozy Plans 0.9% Tax On French Telecom Cos

PARIS -(Dow Jones)- President Nicolas Sarkozy Wednesday outlined plans to place an additional tax of 0.9% on the revenue of telecommunications operators in France to help fill the funding gap public television stations will face at the start of next year when a phased ban on advertising takes effect.  more

Related Tags: france-telecom, France