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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: telecom

telecom stories: 25 news summaries

21 - 25 of 25 Stories | << Prev 1 2

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BCE Agrees to Landmark LBO

Ontario teachers' retirement fund lines up largest Canadian takeover ever

Jul 1, 07 10:24 AM CDT
(Newser) - Canada's dominant telecom company will go private in the country's biggest takeover ever, and one of the largest LBOs in the world. A powerful teachers' retirement fund and two American private-equity firms made a deal yesterday for CBE, also known as Bell Canada. The $48.5 billion (C$51.7 billion)... More »

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private equity • Canada • Bell Canada • privatization • telecom • takeover • Madison Dearborn • buyout • LBO • retirement fund • CBE • Providence Equity • teacher

High Court Raises Bar for Investors' Suits

Companies trump shareholders for second time in a week

Jun 21, 07 3:14 PM CDT
(Newser) - Investors who accuse companies of fraud based on executives' misdeeds must show that they acted intentionally, the Supreme Court ruled today, making it easier for corporations to have shareholder lawsuits dismissed. The decision helps protect companies against frivolous suits by clarifying a 1995 law, the Times reports, but critics say... More »

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high school • free speech • investors • shareholders • football • business • telecom • sentencing • lawsuit • Tellabs • US Supreme Court

Private Equity Binge Goes Wireless

Goldman Sachs, Texas Pacific Group will buy Alltel for $27.5B

May 21, 07 10:18 AM CDT
(Newser) - A consortium led by the Texas Pacific Group and Goldman Sachs yesterday snapped up the nation's fifth-largest wireless provider for $27.5 billion, the largest telecom buyout ever. The $71.50 per share offer for Alltel awaits shareholder and regulatory approval and comes weeks before a scheduled auction for the... More »

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private equity • Goldman Sachs • Texas Pacific Group • leveraged buyouts • business • telecom • acquisition • Alltell

More Americans Go Wireless

Landline use falls; one-eighth of US households rely on cellphones only

May 15, 07 11:10 AM CDT
(Newser) - More and more Americans are bypassing landlines and using only cellphones, a new CDC survey says. The trend encompasses people of all ages and incomes, and it's especially pronounced among the young and the poor. One-eighth (12.8%) of all households use only a cellphone—up from 3.2% in... More »

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cell phones • wireless • telecom industry • communication • telecom • telephone

Nacchio Goes Down for Insider Trading

Federal jury convicts former Qwest
CEO for dumping company stock

Apr 20, 07 6:50 AM CDT
(Newser) - Joseph Nacchio, former CEO of Internet-bubble-blowing telecom Qwest, was found guilty of 19 counts of insider trading by a federal jury in Denver yesterday. Nacchio dumped more than $100 million in Qwest stock in 2001, before the stock imploded over questionable accounting practices. The jury acquitted on 23 other counts. More »

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Internet • Joseph Nacchio • insider trading • trial • stock • telecom • conviction

21 - 25 of 25 Stories | << Prev 1 2


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