AT&T Inc (T.N) said in a regulatory filing on Tuesday that it acquired spectrum from Verizon Wireless (VZ.N) (VOD.L) for $1.9 billion in cash. The spectrum, in the 700 MHz band, covers 42 million people throughout the United States. Source: Reuters (Reporting by Jennifer Saba)
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Tesco hands over Fresh & Easy stores to U.S. billionaire
Britain’s Tesco (TSCO.L) is to lend U.S. billionaire Ron Burkle’s Yucaipa investment company 80 million pounds ($126 million) to take the loss-making Fresh & Easy stores off its hands, marking the end of a six-year attempt to crack the U.S. market. Tesco, the world’s third largest retailer, said on Tuesday […]
SEC inaugurates committees to boost capital market activities
The Securities and Exchange Commission has inaugurated three committees to implement its 10-year master plan, which is meant to boost activities in the Nigerian capital market. The committees, which were inaugurated on Monday, are to produce a blueprint to grow the capital market over a 10-year period. Speaking at the […]
