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The value of telecommunications assets has plummeted since Concert was created in 1998.
VimpelCom said it would acquire the sprawling telecommunications assets of the Egyptian entrepreneur Naguib Sawiris to form the world's fifth-largest mobile phone company.
Centennial, based in Neptune, N.J., has been acquiring telecommunications assets to offer one source for TV, long-distance and wireless services in Caribbean nations.
| The True Corporation, a 3G and broadband network operator in Thailand controlled by the billionaire Dhanin Chearavanont, said it planned to use proceeds from the proposed spinoff of telecommunications assets to reduce debt.
"The uncertainty over everything in Argentina could lead to a quick decay of its telecommunications assets," said Mr. Molano, who is chief of research for BCP Securities, a Connecticut investment firm that focuses on Latin America.
After a bidding war last month, Cingular agreed to pay $41 billion to take over AT&T Wireless, indicating the high value that the market is putting on telecommunications assets.
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This is the main telecommunications asset to be owned by the new Vivendi Universal: 52percentt of Cegetel, which is the No. 2 long-distance provider in France and also the owner of 80percentt of France's No. 2 cellular phone carrier.
Now is the time to make it clear to Wheeler and the FCC that we demand our public servants to quit doing the bidding of giant corporations and do what is right: call the Internet a "telecommunications" asset for the people of the United States and protect its neutrality as a public service and part of the Commons.
Other operators, including Vodafone and John C. Malone's Liberty Global, have also been acquiring telecommunications and cable assets across Europe, one of the few bright spots in Europe's moribund mergers and acquisitions market.
The country, which has one of the strongest centrally planned economies left in Latin America, needs to privatize its energy, telecommunications and infrastructure assets to pay down the debt, they say.
Clearwire and Sprint Nextel announced today that the two companies will collaborate to create a new telecommunications company with assets starting at $14.55 billion.
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