The transaction comes on the heels of a similar deal Vodafone reached with AT&T to acquire its 10percentt stake in Japan Telecom for about $1.35 billion, which it completed yesterday.
Sentiment about telecom "is about as bad as it has been in a decade and a half," and revenue growth "will remain sluggish for most of 2002".
If Vodafone reaches an agreement with British Telecommunications, the deal would raise Vodafone's stake in Japan Telecom to about 45percentt and increase its stake in J-Phone to about 46percentt.
A self-made billionaire, Anschutz first made his fortune in oil and railroads before moving into telecom; he owns about 38% of broadband provider, Qwest Communications.
To strengthen its logistics finance operations, Deutsche Post acquired Postbank, once a unit of Germany's post and telecoms ministry, for about $2.7 billion.
During those 12 months, more than 112,000 new complaints were lodged with the telecoms watchdog about landline, mobile and internet services.
As Maguire noted, what these telecoms care about is that the backhaul becomes price-effective enough that it makes sense for them to provide connectivity in these areas.
Debitel is a German mobile phone operator that has filed a complaint with Germany's telecoms regulator about T-Mobile's iPhone deal.
In addition to the 3% tax on broadcasters, Spain plans to emulate the French scheme of levying a 0.9% tax on the revenues of telecoms operators, equivalent to about €400m a year, on the dubious basis that they earn "billions".
According to the executives close to the talks, France Telecom will pay about 40 billion euros in cash and stock, or $37.4 billion.
We are at a real crossroads on net neutrality, and it's not enough to get angry about telecom monopolies anymore.
