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Tag: sell
Alcatel-Lucent hopes to sell submarine-cable unit by next quarter
2013-01-15 01:00:00| Total Telecom industry news
Vendor hires Centerview Partners to review possible asset sales.
DryShips pays to sell two newbuilding Suezmax tankers
2013-01-15 01:00:00| Ship Technology
DryShips, through its majority-owned subsidiary Ocean Rig UDW, has announced that it has sold its two Suezmax tankers being built at South Korea's Samsung Heavy Industries (SHI) to an unnamed third-party buyer.
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Softbank seeks to sell 67% stake in eAccess
2013-01-14 02:14:00| Telecompaper Headlines
(Telecompaper) Japanese communications provider Softbank is in talks with eleven companies to sell a 67 percent stake in its new subsidiary eAccess. Softbank acquired eAccess recently through a share swap and is now in negotiations to sell a roughly 6 percent stake each to eleven companies to reduce its stake to around 33 percent, the Nikkei reports. Buyers are thought to include Samsung Electronics, LM Ericsson, Nokia Siemens Networks, and Orix. Softbank is selling the eAccess interest to facilitate smoother upgrades of the telecommunications network through stronger ties with equipment vendors and to skirt the policy in Japan that limits spectrum allocations to companies with ownership in subsidiaries of over one third of shares. To prevent any impact on its US operations, Softbank is not selling stakes to Chinese vendors.
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C&W, Portugal Telecom to sell Macau stakes for US$1.16 billion
2013-01-14 01:00:00| Total Telecom industry news
Citic Telecom confirms it will take 79% stake in Companhia de Telecomunicacoes de Macau.
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telecom
UPDATE 1-Softbank to sell stake in eAccess to Samsung, others-source
2013-01-12 16:11:18| Telecom - Topix.net
Japan's Softbank Corp is in final talks to sell its stake in eAccess Ltd, representing around 67 percent of voting rights, to Samsung Electronics Co and 10 others, a source with direct knowledge of the matter told Reuters.
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