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Qatar Telecom to acquire majority stake in Kuwait's Wataniya AFP via Yahoo! News Qatar Telecom (Qtel) is to acquire 51 percent of Kuwait's National Mobile Telecommunications Co. (Wataniya) in a 3.7 billion dollar deal, a major Wataniya shareholder said on Friday. Portugal Telecom Investors Stop Sonaecom Hostile Bid Update2 Bloomberg.com March 2 (Bloomberg) -- Portugal Telecom SGPS SA's shareholders voted to maintain the company's takeover defenses, scuppering Sonaecom SGPS SA's 11.9 billion-euro ($15.7 billion) hostile takeover bid. Brasil Telecom Shares Rise 1.9% on Sawiris' Offer Update1 Bloomberg.com March 2 (Bloomberg) -- Shares of Brasil Telecom Participacoes SA, the owner of Brazil's third-largest fixed-line telephone operator, rose after Egyptian billionaire Naguib Sawiris said he offered to buy the company. Orascom Bids for Stake in Brasil Telecom AP via Yahoo! Finance Egypt's Orascom Telecom said Friday it has bid for a stake in Brazilian phone company Brasil Telecom Participacoes SA, the third-largest fixed-line operator in Latin America's most populous nation. Portugal Telecom Investors Kill Sonaecom Bid, Keep Vote Limit Bloomberg.com March 2 (Bloomberg) -- Portugal Telecom SGPS SA shareholders killed Sonaecom SGPS SA's 11.9 billion-euro ($15.7 billion) takeover bid, which was the world's biggest pending hostile offer, as they maintained takeover defenses that limit investors' voting rights. Brasil Telecom Shares Rise as Much as 11% on Sawiris Offer Bloomberg.com March 2 (Bloomberg) -- Brasil Telecom Participacoes SA, the owner of Brazil's third-largest fixed-line telephone operator, soared as much as 11 percent after Egyptian billionaire Naguib Sawiris said he offered to buy the company. Portugal Telecom Holders Block Sonae Bid AP via Yahoo! Finance Portugal Telecom shareholders on Friday rejected proposed changes to the company's statutes, effectively blocking Portuguese conglomerate Sonae's euro11.8 billion takeover bid for its bigger rival. Iowa Telecom 4Q Profit Falls on Charge AP via Yahoo! Finance Iowa Telecommunications Services Inc., a provider of telecom and Internet services, said Friday its fourth-quarter profit slipped from the year ago period due to a pension charge. Egypt's Orascom Telecom Makes Bid For Brasil Telecom Stake Nasdaq SAO PAULO -(Dow Jones)- Orascom Telecom, a branch of a large Egyptian conglomerate, has made a bid for a stake in Brazilian phone company Brasil Telecom Participacoes (BRP) held by Telecom Italia SpA (TI), Orascom Telecom's chief executive Naguib Sawiris said Friday. Telecom providers merge Orlando Sentinel The merger of telecom-services providers US LEC Corp. and PAETEC Corp. was completed, with the combined company to begin trading on the NASDAQ Global Select Market under the symbol "PAET." telecom: telecomitalia it , adsl telecom , telecomitalia it , adsl telecom , telecom
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