Last week, US West expressed concern that it hadn't been included in talks with a suitor identified by Qwest only as "a major telecommunications company". The proposed acquisition of Qwest Communications and US West by Deutsche Telekom ended in...
Expansion is also on the cards for ONdigital, with the Financial Times reporting that the digital TV company has entered into talks with "several large telecommunications and cable companies" in search of fresh investment prior to an estimated...
The company's preliminary results will be released in March at which time it will also issue an update on details relating to the talks. Telecommunications companies were amongst the first to be hit by the economic downturn.
Beleaguered telecoms equipment maker Marconi is in talks to sell its Italian defence unit in the on-going quest to sort out its massive debt problem. Marconi said in a statement: "Following recent press speculation, Marconi PLC today confirms that...
Marconi's creditors who are owed £4bn have been in talks with the telecommunications equipment maker but according to the Financial Times serious talks over the details of a refinancing package are only likely to begin next week - until now the...
Four companies in talks to join are Sun Microsystems, Oracle, Novell and SAP, according to Cohen. The sponsorship list has since grown to include newer Linux companies such as MontaVista Software and TimeSys, networking firms Alcatel and Cisco...