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Mr. Everett calculated that Cheung Kong still carries a single-digit price-earnings ratio, even if the mobile phone assets are valued at zero.
In that sense, the purchase of LinkedIn reminds one of Microsoft's acquisition in September 2013 of the mobile phone assets of Nokia, the Finnish telecoms giant.
Telstra will pay $1.5 billion for 40percentt of a venture that holds mobile phone assets that CyberWorks acquired this month.
Profit in the year-earlier period was swelled by a one-time gain of 35.82 billion Hong Kong dollars ($4.6 billion) related to the sale of mobile phone assets in India.
A New York investment firm, Providence Capital, is planning to bid with the Carlyle Group and the Blackstone Group for the mobile phone assets of Auna, a Spanish telecom company, said one executive with knowledge of the private equity groups' plans.
That was far better than the $3.2bn loss for the same period last year when Microsoft booked hefty charges on writing down the value of mobile phone assets it bought from Nokia.
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Mannesmann, sensing a battle lost, started negotiating a friendly deal, the terms of which might include a 49.5% stake and the departure of its boss, Klaus Esser.See article: Vodafone courts VivendiVodafone's American mobile-phone joint venture with Bell Atlantic, which is acquiring GTE and its mobile-phone assets, said it would swap mobile systems valued at over $3 billion with Alltel.
Poverty quintiles were based on household assets (mobile phone, furniture, vehicle, appliances etc...) and housing characteristics (construction materials, energy used for cooking, ownership of household assets, income ect...).
Telkom South Africa abandoned talks to sell its mobile and fixed-line phone assets to the Vodafone Group and the MTN Group, ending the possibility of South Africa's biggest takeover.
Vodafone responded with a proposal earlier this month to buy Optus and immediately resell a chunk of its mobile phone business and other assets to Hutchison Telecommunications (Australia) Ltd., reducing Vodafone's ultimate share to about 40percentt and preserving a substantial third presence in the market.
Other variables were assessed through observation, such as connection to electricity and water, type of pavement of the house, and household wealth (possession of following assets: mobile phone, bicycle, motorcycle, or car).
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