TITLE

INVESTMENT BANKING DATABASE: Telecommunications

PUB. DATE
June 2003
SOURCE
Investment Dealers' Digest;6/16/2003, Vol. 69 Issue 24, p52
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents information about developments related to investment banking in the telecommunications sector of the U.S. Telecom Italia agreed to sell off a 61% stake in its Seat Pagine Gialle directories unit for approximately three billion euros to a consortium of private equity investors comprising BC Partners, CVC Capitol Partners, Investitori Associati and Permira. A Chicago district judge granted AT&T Corp. and MCI a temporary reprieve from a new Illinois law that would hove allowed SBC Communications Inc. to raise the price of local network access for its competitors. WorldCom Inc. is seeking court approval of its $500 million settlement with the SEC relating to the company's $11 billion accounting fraud.
ACCESSION #
10170990

 

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