Feeds

Stakes raised in MediaOne bidding war

Great Satan of Software to set up tracking stock to strengthen hand?

  • alert
  • submit to reddit

Internet Security Threat Report 2014

The battle for control of MedaOne shows no sign of letting up. US cable operator, Comcast, put in a bid of $47 billion to buy MediaOne but this was trumped by AT&T's bid of $56 billion. If successful, AT&T would end up owning more than 50 per cent of Telewest. MediaOne owns half of UK mobile phone minnow One-2-One, as well as a 30 per cent stake in local cable TVer Telewest. Comcast has until Thursday to revise its bid and according to US reports, is hoping to enlist the help of Microsoft in the fight. Microsoft is a Comcast shareholder and has already said it is confident that it can outbid AT&T should it wish to. It now looks as though the software giant may create a tracking stock, which would be used to value its interests in the Web and communications. As well as keeping its new media investment interests separate from its core software business, this would put Microsoft in a position to engage in high-value stock swap deals such as the battle for MediaOne. The financial performance of Microsoft's Web-based businesses is thought to be under-valued in stock market terms, especially in light of the current love affair between the markets and all things Internet related. ® See also Microsoft, AOL enter MediaOne bidding war One-2-One to IPO

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.