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News Breaks | | | | March 1, 2013 | | 06:10 EDT |  | BSYBY, TEF | Sky to acquire Telefónica UK’s broadband and fixed-line telephony business
British Sky Broadcasting Group (BSYBY) announces that it has reached an agreement with Telefónica UK (TEF) for the proposed acquisition of its O2 and BE consumer broadband and fixed-line telephony business. The transaction will make Sky the second-largest provider in the UK broadband market. Under the terms of the agreement, Sky will pay a consideration of GBP180M to Telefónica UK for the consumer broadband, home phone and line rental customers served by the O2 and BE brands. An extra contingent amount, not exceeding GBP20M, may be payable dependent upon the successful delivery and completion of the customer migration process by Telefónica UK. | |
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News For BSYBY;TEF From The Last 14 Days Check below for free stories on BSYBY;TEF the last two weeks. |
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| May 22, 2013 | | 07:08 EDT |  | TEF | Phone companies start selling subscriber data, WSJ reports
 Subscribe for More Information | | | 06:02 EDT | | TEF | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports. | | | May 19, 2013 | | 18:10 EDT | | TEF | Falling prices in European telecom stocks give value to investors, Barron's says
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