Topics Mobile Tech News Friday, April 19


Contact us

Site search:
complete archives list

Site Sponsors:

Don't forget AT&T and Verizon promo codes at to save money.

Germans and Swedes set for telecoms sell-offs
Posted: 03-May-2000 [Source: FT]

[Deutsche Telekom of Germany and Telia of Sweeden are both readying share offerings.]

By Uta Harnischfeger in Frankfurt, Christopher Brown-Humes in Stockholm and Alan Cane in London -- "Two of Europe's largest ever telecommunications share offerings now seem certain to be made within weeks of each other, raising worries about investors' appetite for, and ability to absorb, more technology stocks.

"Deutsche Telekom, the former German telecom monopoly, said on Wednesday that it would float a third tranche of shares in mid-June in a deal that could be worth up to E45bn ($40.5bn).

"Company officials, however, were vague about the exact proportion to be sold, reflecting uncertainty about market demand.

"About 34 per cent of Deutsche Telekom has been floated in two steps since 1996. The remainder is still owned by the German government, although 21.6 per cent has been parked at Kreditanstalt fuer Wiederaufbau (KfW), a state-owned credit agency, for budgetary reasons.

"Hans Reich, KfW chairman, said: "The precise size of the transaction will be announced in due course.The decision will be taken in light of the capital markets and investor interest".


Back to Headlines...

Apple Watch Apple Watch

iPhone 6 and iPhone 6 Plus iPhone 6 and iPhone 6 Plus

Amazon Fire Amazon Fire

Samsung Z - Tizen Samsung Z - Tizen


HTC One mini 2 HTC One mini 2

OnePlus One OnePlus One

HTC One (M8) HTC One (M8)

Samsung Gear 2 Tizen Watch Samsung Gear 2 Tizen Watch

HP VoiceTab HP VoiceTab

T200 octa-core T200 octa-core

Nokia 2520 Tablet Nokia 2520 Tablet

Samsung Galaxy Round Samsung Galaxy Round

BlackBerry Z30 BlackBerry Z30

iPhone 5S and iPhone 5C iPhone 5S and iPhone 5C

Samsung Galaxy Mega Samsung Galaxy Mega

Sony SmartWatch 2 Sony SmartWatch 2

iOS 7 iOS 7

Jolla Jolla

BlackBerry Z10 BlackBerry Z10

Galaxy S 4 Galaxy S 4

Galaxy Note 8.0 Galaxy Note 8.0

Ubuntu on Tablets Ubuntu on Tablets

LG Optimus G Pro L-04E LG Optimus G Pro L-04E

Firefox OS Firefox OS

Sony Zperia Z Sony Zperia Z


Valid HTML 4.1!

RSS © 1999-2019 Traques LLC
All times recorded in UTC