mergers
BT buys into South Korea
News Under pressure from a weakened currency and depressed global markets, many local conglomerates are being forced to undertake strategic mergers and 'bargain-basement' asset sales to reduce the burden of their debt. [06 Oct 1998]
ISPs must focus to survive
News However, Bieler claimed mergers between successful ISPs would lead to a culling in the marketplace where "those who can turn obstacles into opportunities will be the long term winners". Internet Service Providers (ISPs)... [06 Aug 1998]
Bell Atlantic and GTE tie the knot
News Seidenberg said the tie-up would mean more competition in the face of other recent mergers. Bell Atlantic and GTE have agreed to merge by means of a stock swap, which values GTE at approximately $53bn. [29 Jul 1998]
Supply in motor industry outstripping demand by 30 per cent
News We will see more activity in the mergers and acquisition area for sure," he said. Cap Gemini is developing a computer-simulated model of the European motor industry in an effort to improve its associated consultancy... [27 Jul 1998]
EC clamps down on telecoms tariffs
News The UK regulator, Oftel, said: "We have received the letter, but the EC is fully aware of the Monopolies and Mergers Commission (MMC) report we are compiling, which already addresses these issues. In a letter to European... [24 Jul 1998]
Nortel's purchase of Bay: Milestone or millstone?
Comment Only Cisco is standing firm against this wave of mergers and acquisitions. Nortel's acquisition of Bay Networks is a landmark deal. It is the biggest merger of telecoms and data networking hardware companies yet. [06 Jul 1998]