Two billionaires are vying to acquire SFR in a battle that exemplifies France’s struggle to decide how much market competition it wants.
The deal for Time Warner Cable solidifies Comcast’s reputation as an enterprise with grand, even audacious, ambitions.
Comcast was not intensely engaged with Time Warner Cable until about 10 days or so prior to the announcement of the $45 billion acquisition, according to Comcast’s chief.
Comcast will announce a deal to acquire Time Warner Cable in an all-stock deal that will unite the first- and second-largest cable television operators in the country, according to people briefed on the matter.
Lenovo, the world’s biggest PC maker, bought a low-end server business that will remain in demand for years, and Motorola Mobility, which makes it the trusted partner of Google.
The deal will return about $84 billion to shareholders in what Vodafone said was the single largest return of value in history, according to a presentation on its website.
Telecommunications analysts debate whether Vodafone can prosper on its own or whether it would be better off as a takeover target.
The denial came after speculation over the weekend that AT&T might be looking to acquire Vodafone, which agreed last year to sell its 45 percent stake in Verizon Wireless to Verizon Communications for $130 billion.
Lawyers for the wireless company filed documents in a New York bankruptcy court, outlining a plan to bring in at least $1.25 billion in new equity and $2.75 billion in loans.
Antitrust regulators opened an investigation into an agreement by the Spanish telecommunications company to buy E-Plus over concerns that the deal could reduce competition.
Charter Communications has been vocal about its desire for a deal with Time Warner Cable, and it is preparing an offer that mixes cash and Charter stock.
Verizon announced on Monday that it had agreed to acquire EdgeCast, a fast-growing content delivery network start-up.