Webwire: Telstra may bid for Nine; MegaFon said to push back IPO

Staff writer
31 May 2012
00:00

Telstra said to mull bid for broadcaster Nin

Reports claim Australian operator Telstra is considering making a play to acquire broadcaster Nine Entertainment, which is seeking a buyer due to a looming deadline for A$3.8 billion ($3.69 billion) in debt.

Business Spectator

MegaFon said to push back IPO

Russian mobile operator MegaFon has reportedly pushed back its planned London IPO – originally scheduled for July – as a result of the Greek debt crisis and its impact on the value of the Euro.

MarketWatch

America Movil bids for 28% of KPN

Mexico's America Movil has launched an €8 ($9.90) per share offer to acquire a 27.7% stake in KPN, but the Dutch operator has advised shareholders to reject the offer on the grounds it is too low.

Financial Times

Indosat to raise $267m from bond issues

Indonesia's PT Indosat plans to raise around 2.5 billion rupiah ($267 million) through the sale of seven- and ten-year bonds.

The Jakarta Globe

Schmidt set to be quizzed by US FTC: sources

Google chairman Eric Schmidt is slated to appear before the US FTC as early as next week to answer questions surrounding the trade agency's antitrust probe, sources claim.

Bloomberg

Third UK operator blocks Pirate Bay access

Sky Broadband has become the third major UK ISP to implement a court-ordered block on access to file-sharing site The Pirate Bay. Three more operators are working to instil the block.

BBC News

No cases filed from first NZ three strikes notices

The deadline as passed for the Recording Industry Association of New Zealand (RIANZ) to file a case with the nation's copyright tribunal over the first two internet users sent three warnings under the Three Strikes piracy law.

New Zealand Herald

Sony unveils waterproof smartphones

Sony has launched two new waterproof smartphones, the low-end Xperia Go and the higher-end Xperia Arco S.

Wired

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