BellSouth sells Latin American wireless units to Telefonica

Article Abstract:

Duane Ackerman the chairman and CEO of BellSouth suggest that by the sale of Latin American operations enables them to strengthen their domestic businesses and also improves flexibility as they focus on their growth opportunities. It reveals that it can become the largest wireless operator in Latin America following the deal with the 10.5 million customers.

Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Latin America, Cellular telephone services industry, Cellular telephone services, Wireless telecommunications service, Telefonica Moviles S.A., BellSouth Telecommunications Inc.

Mittal Steel's $24 billion bid for rival heats up

Article Abstract:

Netherlands based Mittal Steel has made a hostile takeover bid for acquisition of Luxembourg based Arcelor, which is world's second largest steel maker. It may be recalled that Mittal Steel is the world's largest steel maker. The bid is valued at $25 billion.

Netherlands, Blast furnaces and steel mills, Luxembourg, Steel industry, Arcelor, Mittal Steel Company N.V.

Europe's gas suppliers make explosive bids

Article Abstract:

The political and economic implications of Russian gas producer Gazprom's bid for Sibneft and Spanish natural gas company Gas Natural's hostile bid for Endesa are discussed.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Electric services, Spain, Crude Petroleum & Natural Gas, Russia, Natural gas liquids, Petroleum refining, Oil & Gas Extraction, Oil and Gas Extraction, Petroleum industry, Gas industry, OAO Gazprom, Endesa S.A., Sibneft Oil, Gas Natural SDG S.A.