Spain's Telefonica says seeks global alliance with BT

Reuters

Updated 28 November 2014 at 2:53 am

MADRID (Reuters) - The chairman of Spain's Telefonica has said the company is seeking a "global alliance" with Britain's BT with cash and shares in exchange for Telefonica unit O2, a spokesman for Telefonica confirmed on Friday.

The spokesman was confirming comments made by Cesar Alierta in London, reported by newspaper Expansion, in which he spoke of global synergies between the two groups.

(Reporting By Robert Hetz; Editing by Elisabeth O'Leary; Editing by Sonya Dowsett)

Yahoo News Australia
Major Lotto change affecting millions of Australians
Almost every Aussie state and territory will be included in the changes. See what's new.
a day ago
The Daily Beast
How Trump Screwed Up His Lawyers’ Ability to Do Their Jobs
Photo Illustration by The Daily Beast / Getty Donald Trump’s antics are finally catching up with him.That is, of course, true in the New York criminal trial as a whole, where Trump may be found guilty of past misconduct. But Trump’s antics are also catching up with him in a narrower, but quite meaningful way.In the New York case, the prosecutors said Thursday that they would not be providing to Trump’s legal team the names of the first three witnesses that the prosecutors would be calling to tes
13 hours ago
Yahoo Lifestyle
Bianca Censori's Disneyland outfit causes outrage over hypocrisy: 'Rules don’t concern them'
Bianca Censori is at it again but this time people are angry at a very big Disneyland double standard. Find out more here.
2 days ago
Yahoo News Australia
Aussie dad's unpleasant clean up job after 'dirty' 4WD mishap
The dad stood with his hands on his hips for minutes while contemplating the unpleasant task ahead of him.
23 hours ago
SWNS
Inside warzone suburb where gangs of feral yobs aged 9 terrorise locals
Terrified residents say their once quiet suburb has been turned into a "warzone" by gangs of feral yobs - including some as young as nine. Young tearaways regularly steal from shops, pelt peoples' homes with eggs and steal cars for so-called 'joyrides'. Locals living in Wollescote, Stourbridge, West Mids., say they can't sleep with many installing CCTV cameras to make sure their homes are safe. Police have been called in to patrol local buses after several were vandalised by teen gangs who residents say now "rule the area". Londis worker Yamuna Ramakrishnan, 21, said she was plagued by shoplifters on a daily basis. She said: "The kids steal chocolate and whatever else they can fit in their pockets. "They also take other other things from nearby shops and put them in our shop for a prank. They took chairs and put them in our shop. “It’s been happening for more than four months. They usually come usually around 8pm. “They also smash up nearby shop doors. We call police but they run away. “They just come in and disturb the customers. They don’t allow the customers to come inside.” Last week a group of youngsters stole a car and crashed into a homeowner’s Nissan Juke and demolished his wall. CCTV footage shows the stolen Honda 4x4 careering along the road before losing control and ploughing into the parked car on Worton Road.
20 hours ago
PA Media: UK News
Man jailed for six and a half years for ‘brazen’ rape of 15-year-old girl in sea
Judge Susan Evans KC said the ‘frightening’ attack ‘undermined public confidence’ in the safety of busy beaches.
15 hours ago
BANG Showbiz
Kourtney Kardashian hits back at body-shaming troll
Kourtney Kardashian has hit back at a body-shaming troll who made fun of her post-baby figure - declaring: "I love this body!"
22 hours ago
The Independent
Black undercover police officer beaten up by his own colleagues awarded $23.5m
Fellow undercover officer told investigators police in riot gear ‘beat the f*** out of [Mr Hall] like Rodney King’
8 hours ago
HuffPost
George Conway Details ‘Oh, It’s Daddy’ Call To Ivanka That Exposed Trump’s Fears
It showed the then-president "was very, very concerned," said the conservative attorney.
2 days ago
The Independent
Pub landlord stabbed to death by ex-sister-in-law seconds after calling police, court told
Stephanie Langley said ‘I’m glad I did it’ as paramedics tried to save him, court told
a day ago
NCA NewsWire
Higgins’ post after Lehrmann ruling
Brittany Higgins has made her first public comment after Bruce Lehrmann lost his defamation case and a judge ruled he raped her.
2 days ago
The Independent
‘It’s an obvious murder’: Mother of teacher whose death by 20 stab wounds was ruled suicide rages as bombshell new testimony may finally prove her case
EXCLUSIVE: Ellen Greenberg’s death by 20 stab wounds - including to the back of her neck - was ruled suicide. Her mother Sandra, who has spent 13 years fighting for justice and says she will ‘never give up’, says bombshell new testimony may finally prove her daughter was murdered
14 hours ago
Yahoo Finance AU
Commonwealth Bank customer's shock as accounts shut ‘out of nowhere’: 'Just an everyday user'
Tara Zaw said she felt like she wasn't being treated like a human as she tried to work out why her accounts were closed.
2 days ago
Yahoo Finance AU
7 cheap countries for Aussies to retire overseas without huge super nest egg
With the cost of retiring at a record high, it's not surprising older Aussies are looking at overseas locales to spend their golden years. Here are seven of the best.
8 hours ago
HuffPost
Seriously?!? Stephen Colbert Spots 'Unsettling' Poll Where Trump Has A Huge Lead
The "Late Show" host breaks down one of the strangest polls you'll ever see.
23 hours ago
Yahoo Sport Australia
AFL makes telling call after Luke Hodge and Nathan Buckley fume over Adelaide 'robbery'
AFL greats Luke Hodge and Nathan Buckley have both had their say. Read more here.
4 hours ago
Yahoo News Australia
Tesla driver's hidden message in 'smug' number plate
While one motorist thought the number plate was 'appropriate' for an electric vehicle, others weren't too impressed by its meaning. Find out why.
8 hours ago
Yahoo News Australia
Pet owner details harrowing way dog was poisoned at Aussie campsite: ‘On death’s door’
A woman's dog ended up in the emergency room of a vet after being poisoned in a bizarre way.
22 hours ago
Yahoo Sport Australia
Trent Robinson cops backlash from NRL fans after blowing up over Roosters loss to Storm
Trent Robinson was not happy after the loss to the Storm. Find out more here.
a day ago
Yahoo News Australia
Pilot's 'rare' discovery off Aussie coast: 'First we've seen in years'
Looking closely at the orca pod you can see something that has not been spotted for years in the region.
23 hours ago

Latest stories