Carlos Slim takes 3% stake in Britain's BT
The stake bought by Slim, whose family controls telecommunications giant America Movil, has a market value of about 408 million pounds ($522 million), based on BT's closing share price on Wednesday.
The stake bought by Slim, whose family controls telecommunications giant America Movil, has a market value of about 408 million pounds ($522 million), based on BT's closing share price on Wednesday.
Don't use a hair dryer or compressed air on your phone. Don't put it in a freezer - this might stop your device from short-circuiting but the problem will be back once you try to thaw it. And while this might seem obvious, don't put your device in a tumble dryer or on top of a radiator.
The potential deal being discussed would see Vodafone take a minority stake in the combined entity, which would take its debt off Vodafone's balance sheet, said the people, who declined to be named because talks are not public and are ongoing.
Opened by Prime Minister Harold Wilson in 1965, its central role in communications has faded, and its microwave aerials were removed more than a decade ago when they were no longer needed to connect London to the rest of the country.
The agreement said the rapidly growing spyware market raises concerns over its impact on national security and human rights, as well as expands the "potential pool of state and non state actors with access" to powerful spying tools.
Blackstone is looking to hire advisers for a sale of its 49.9% stake in the company, which could value Sipartech at up to 1 billion euros ($1.08 billion), the people said, speaking on condition of anonymity because the talks are private.
Data and Digital Infrastructure Minister Julia Lopez said Project Gigabit was driving growth, creating jobs and putting an end to snail's pace internet speeds.
"AI is moving fast, but we have shown that humans can move just as fast," technology minister Michelle Donelan said in a statement. "By taking an agile, sector-specific approach, we have begun to grip the risks immediately."
Chief Executive Allison Kirkby, who replaced Philip Jansen last month, said BT had delivered another quarter of revenue and earnings growth, while rapidly building and upgrading customers to its full-fibre broadband and 5G networks.
BT said the lawsuit was "profoundly flawed" and ignored basic economic principles and market practices by arguing the company's prices were excessive.
OneWeb's network coverage, which includes North America and the Arctic, was expected to expand worldwide early this year, but the timing is now uncertain, Deutsche Bank analyst Roshan Ranjit said in a note.