SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vodafone-Airtouch (NYSE: VOD)
VOD 11.41-5.4%9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MrGreenJeans who wrote (2910)7/23/2000 12:16:41 PM
From: MrGreenJeans  Read Replies (1) of 3175
 
U.K.'s Vodafone Plans to Buy Finland's Sonera, Newspaper Says
By Sonja Dieckhoefer

Hamburg, July 23 (Bloomberg) -- Vodafone AirTouch Plc, the world's largest mobile-phone company, plans to buy Finland's No. 1 phone company Sonera Oyj, German Sunday newspaper Welt am Sonntag said, citing no sources. The paper said the price of the offer isn't known. With a possible purchase of Sonera, Vodafone would ``improve its position in Northern Europe,'' Welt am Sonntag reported.

Sonera is expected to say second-quarter pretax profit, to be released tomorrow, rose 3 percent to 120 million euros ($111 million) from the year-earlier quarter, according to the average estimate of 11 analysts surveyed by Finnish newspaper Kauppalehti and SME, the Nordic poll agency.

(Welt am Sonntag 7/23 p.47)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext