According to The Straits Times, Telemedia ST Telemedia and its Hongkong partner are ready to make a new, lower bid worth about US$500 million (S$875 million) for bankrupt telecom giant Global Crossing. Dubbed ''classic vulture investing'' by one ba According to The Straits Times, Telemedia (ST...
Analysts have warned that Singapore's ST Telemedia may have to infuse as much as US$252 million (S$430 million) into its recently acquired US subsidiary Global Crossing, which has just been hit by an accounting scandal. That is because the fibre optic opeAnalysts have warned that Singapore's ST Telemedia may have...
Analysts have warned that Singapore's ST Telemedia may have to infuse as much as US$252 million (S$430 million) into its recently acquired US subsidiary Global Crossing, which has just been hit by an accounting scandal. That is because the fibre opti Analysts have warned that Singapore's...
SINGAPORE, Jan 29 Asia Pulse - Hutchison Whampoa Limited (SEHK:0013) and Singapore Technologies Telemedia have agreed to buy a a US$750 million majority stake in the New York-listed Global Crossing, in connection with a restructuring of the troubled ... SINGAPORE, Jan 29 Asia Pulse -...
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