BCE Inc. on Friday won the right to go ahead with the largest leveraged buyout in history, a $35 billion deal that the telecommunications company's bondholders fought, saying it would reduce their holdings to junk.
telecommunications companyGrowing customer base boosts Verizon 1Q profit by 9.8 pctTopix - Business News Mon, 04/28/2008 - 19:20
Verizon Communications Inc.'s first-quarter earnings rose 9.8 percent as its wireless division attracted more customers than other carriers. The country's second-largest telecommunications company earned $1.64 billion, or 57 cents per share, in the quarter that ended March 31, compared with $1.50 billion, or 51 cents per share, a year ago. Revenue rose 5.5 percent to $23.8 billion from $22.6 billion. Tags:
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