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BUSINESS BRIEFS.(TO THE POINT)
TELECOM
Sprint, cable firms in bundle pact
Four cable TV providers will deliver phone, video, Internet and wireless services jointly with Sprint Nextel. Comcast, Cox Communications, Time Warner and Advance/Newhouse Communications will invest a combined $100 mil. The quadruple-play service will be co-branded by Sprint and a customer's local cable company and may hurt Baby Bells. Sprint rose 3.5% to 24.73. Comcast rose 2.5% to 28.80.
Deutsche Telekom will slash jobs
Europe's No. 1 phone company will cut 32,000 jobs in Germany over the next 3 years. Most of the cuts will come from its landline business, which employs 110,000. But 7,000 will be cut from its staff-agency unit. Deutsche Telekom also will add 6,000 jobs at new businesses. Shares rose 3.5% to 18.03.
MEDIA
Cablevision sets $3 bil dividend
- GMT Partners may be interested in DT assets.(Deutsche Telekom)(Brief Article)
- Newspaper article from: EuropeMedia July 10, 2002 700+ words
...candidate to take over Deutsche Telekom's cable TV (CATV...Earlier this year Deutsche Telekom thought it had found...bought a regional cable company in the northeastern...Other candidates for Deutsche Telekom's cable assets...
- Deutsche Telekom Rejects Bid by Liberty Media for German Cable System.
- Newspaper article from: Knight Ridder/Tribune Business News October 9, 2002 700+ words
...reportedly was the lowest of four that Deutsche Telekom received. "Our goal is to build...which controls No. 2 European cable company United Pan-Europe Communications...European customers. The second Deutsche Telekom rejection was anticipated because...
- Buyers snare Euro cable subs. (Finance).(Deutsche Telekom AG)
- Magazine article from: Multichannel News Farrell, Mike February 3, 2003 700+ words
...was going to pay. Deutsche Telekom A.G. agreed last...Mobile) in 2001. Deutsche Telekom, which has been...the largest Dutch cable company, United Pan-European...Deals That Got Away DEUTSCHE TELEKOM Location: Various...
- Liberty Media Cements European Ambition with Deutsche Telekom Buy.
- Newspaper article from: Knight Ridder/Tribune Business News June 24, 2001 700+ words
...television systems from Deutsche Telekom is being seen as...previous agreement with Deutsche Telekom in which Liberty...United Pan-Europe cable company, and its 25 percent...step for Germany." Deutsche Telekom needed to unload...
- AT&T Subsidiary Liberty Media Makes Cable Deal with Deutsche Telekom.
- Newspaper article from: Knight Ridder/Tribune Business News February 24, 2001 700+ words
...percent stake in six of Deutsche Telekom AG's cable television...subscribers than Deutsche Telekom did. "It looks...Europe's No. 2 cable company, United Pan-Europe...back into it." The Deutsche Telekom deal alone holds...
- Deutsche Telekom To Sell Cable TV Business.
- Press release article from: PR Newswire June 21, 2001 700+ words
...June 21 /PRNewswire/ -- Deutsche Telekom (NYSE: DT) today announced...assume control of all of Deutsche Telekom's remaining cable activities...represented by the companies Deutsche Telekom Kabel-Services GmbH...
- Deutsche Telekom Partners With Microsoft to Launch IPTV Services.
- Press release article from: PR Newswire March 21, 2006 700+ words
Agreement Will Provide Deutsche Telekom Customers With a Platform for...PRNewswire-FirstCall/ -- Deutsche Telekom AG has reached agreement with...The contract will enable Deutsche Telekom Group to deliver next-generation...
- Deutsche Telekom's Interest in Global One to be Acquired by France Telecom.
- Press release article from: PR Newswire January 26, 2000 700+ words
- Deutsche Telekom will invest the proceeds from the...Sommer: This is another example of Deutsche Telekom Taking clear strides in positioning...PRNewswire/ -- After negotiations with Deutsche Telekom (NYSE: DT) and Sprint, France...