Market Currents

• Thursday, November 5, 2009

• 10:19 AM Telefonica SA (TEF) to buy Telecom Italia's (TI) German broadband unit Hansenet for €900M to improve its foothold in the competitive German market. Comment!

• Thursday, January 29, 2009

• 12:37 PM Telecom Italia (TI) controlling stakeholder Telco - in which Telefonica (TEF) is a member - writes down its 24.5% stake by €1.4B. TI -7.9%. TEF -6.1%. Comment!

• Friday, December 5, 2008

• 07:33 AM For those keeping tabs, there have been 33,000 job cuts this week. Culprits include: AT&T (T) (12,000), Credit Suisse (CS) (5,300), State Street (STT) (1,800), Adobe (ADBE) (600), Telecom Italia (TI) (4,000), Viacom (VIA) (850), NBC (GE) (500), Gannett (GCI) (2,000) and RealNetworks (RNWK) (130). 1 Comment