Tag: merger
Motorola and Google merger moves a step closer
Motorla Mobility's shareholders have voted in favour of merging with the search giant Google. 99% of the vote were in favour of Google's $12.5 billion acquisition of the mobile manufacturer. This brings Google a lot closer with their bid…
Orange and T-Mobile team-up under the "Everything Everywhere" banner
Orange and T-Mobile have announced that they are to team up, in a joint venture that will see both companies working together under the umbrella of the new "Everything Everywhere" banner. Combining their network infrastructures, the two companies will now…
Vodafone axing 500 jobs? Eyeing up 3 network?
Vodafone are said to be preparing to axe as many as 500 jobs in an effort to cut costs. Vodafone employs around 9,000 staff in the UK, with the job cuts hitting their Newbury headquarters hardest. "The roles affected are…
Vodafone interested in buying T-Mobile
Last month we told you that T-Mobile may well be on the verge of a sell out or merger since a spokesman from their parent company, Deutsche Telekom, expressed disappointment at their results in the UK market.
The FT is reporting this morning that it could be Vodafone who is in pole-position to mount a takeover.
If a buy-out was to go ahead it would make Vodafone the largest mobile phone operator in the UK. Currently O2 is the biggest, with a 27% share but if Vodafone’s 25% share was supplemented by T-Mobile’s 15% then they’d have a whopping 40% share.
This might be the proposed moves downfall though. Competition regulators may veto the takeover in the interests of market fairness.
Both Vodafone and T-Mobile have refused to comment so far although shares in both companies have risen in the market this morning.
(via The FT)
RUMOUR: Microsoft to merge Zune and Xbox Live
As a Zune owner, I got an email late last week telling me that the Zune store was going to be down for 48 hours, starting today. Not a problem for me, given that I don’t use it, but a bit of a pain for American Zuners, I would have thought. It would be like the iTunes Store going down for two days.
The waters are getting decidedly murky in the Microsoft-Yahoo takeover, with News Corp looking keen
Microsoft’s courtship of Yahoo became a little less than friendly over the weekend following Microsoft CEO Steve Ballmer’s ultimatum, which included a three week deadline and a threat to usurp Yahoo’s board of directors. Now Yahoo appears to be seeking comfort in the arms of others in order to forestall the takeover while Microsoft is apparently finding more allies to strengthen its advances…
