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Comcast: Time Warner deal going 'full steam ahead'
Comcast Corp's merger with Time Warner Cable Inc. is going "full steam ahead" despite uncertainty around new rules governing net neutrality, Comcast Chief Executive Officer Brian Roberts told reporters...
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AT&T to sell data centers worth $2 billion
AT&T Inc is selling some data centers worth about $2 billion as it continues its streak of asset sales, people familiar with the matter said on Monday, according to Reuters. AT&T, the No. 2 U.S...
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Alfa Telecom makes $2.8bn offer for stake in Turkcell
Russia's Alfa Telecom offered $2.8 billion on Tuesday to buy a 13.8% stake in Turkcell, Turkey's top mobile operator. The Wall Street Journal reports that Alfa TelecomTurkey Limited, a subsidiary of...
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Telefonica to sell British unit for $15.3 bn
Telefonica said on Tuesday that it will sell its British cellphone operator O2 to Hutchison Whampoa for $15.3 billion. Telefonica and Hutchison entered exclusive negotiations over O2 on Jan. 23,...
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Cablevision to make $1 offer for New York tabloid
U.S. cable T.V. operator Cablevision Systems Corp is planning to make an offer for the New York Daily News as early as this week, valuing the troubled tabloid at just $1, according to a person familiar...
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Comcast plans to drop Time Warner Cable merger
Comcast Corp's board was meeting late on Thursday to finalize plans to abandon its proposed $45 billion merger with Time Warner Cable Inc, according to a person directly familiar with the matter,...
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Verizon set to purchase AOL in $4.4 billion deal
Verizon Communications Inc said it would buy AOL Inc in a deal valued at about $4.4 billion to gain access to AOL's digital advertising service and content, reports Reuters.The offer of $50 per share...
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Deutsche Telekom open to T-Mobile partnership
Deutsche Telekom's CEO said that any partnership to make T-Mobile more profitable would be considered. Chief Executive Tim Hoettges said on Thursday T-Mobile US (TMUS.N), of which Deutsche Telekom owns...
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Charter to buy Time Warner Cable in $78.7B deal
Charter Communications Inc said it would buy Time Warner Cable Inc in a deal valued at $78.7 billion, as the second and third largest U.S. cable operators look to better compete with market leader...
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Canada's Rogers to buy Mobilicity, Shaw Comm.s
Rogers, Canada's largest wireless operator, said on Wednesday it will buy Mobilicity and Shaw Communications. Rogers said it will pay C$440 million ($355 million) to buy struggling wireless operator...
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Verizon Q3 profit beats expectations
Verizon Q3 profit beat expectations at 9.3% on Tuesday. Verizon, which is the first big telecommunications company to report its earnings for the quarter, has faced tougher competition from rivals that...
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