Newsgroup: it.economia.borsa
Titolo: Altri danni in arrivo Per Tim

Pare Che DeutscheTelekom voglia chiedre al mercato altri 2miliardi di
dollari attraverso Sprint penso che Tim possa risentirne, anche se 2miliardi
di dollari non sono tantissimi.
Telekom to sell assets
German telecom operator to unload $2B Sprint holding and property assets
February 21, 2001: 6:33 a.m. ET
 LONDON (CNN) - Deutsche Telekom said on Wednesday it plans to raise more
than $2 billion by selling property assets and its holding in U.S. firm
Sprint.
The company said it would seek to sell its shares in Sprint (FON: Research,
Estimates) in a public offering, to be made in the first quarter of this
year. The firm also said it plans to "aggressively" reduce its huge property
portfolio.
Deutsche Telekom (FDTE) has amassed debts of 60 billion ($54.5 billion)
after splashing out billions on acquisitions and on buying next generation
mobile phone licences.
Germany's dominant phone company owns around 10 percent of Sprint. Former
ally France Telecom (PFTE), which has an identical holding in Sprint, is
also selling out, according to a statement from Sprint on Tuesday.
The firms took the holding as part of their ill-fated Global One venture
with Sprint. France Telecom took full control of the international business
services unit last year, after the former partners fell out over how to
improve its poor performance.
2 billion wiped from profits
Deutsche Telekom said on Wednesday it has decided to "pursue a new strategy
to more aggressively dispose of a significant part of its real estate
portfolio." The company warned it was reviewing the value of its estate and
decided to take a 2 billion charge to write-down the value.
That means, the company said, its 2000 net profit will be revised lower to
5.9 billion from 7.4 billion. The company valued its property assets at 17.2
billion.
The overwhelming debt burden built up by telecom operators has already
forced British Telecom (BT-A) into seeking ways to release cash by selling
the bulk of its property portfolio.
In Frankfurt, Deutsche Telekom's stock price fell 2.1 percent to 26.19,
after earlier falling to 25.60 -- its lowest level since December 1998 and
only a quarter of its 12-month high of  104.90 set last March.
Deutsche Telekom has said it plans to focus on four business areas: mobile,
web, fixed line and data services. The company has disposed of its minority
shareholdings in Global One, Wind and cable assets.
The company expects to offer 76.2 million shares in Sprint and has appointed
Goldman, Sachs & Co, Morgan Stanley Dean Witter and UBS Warburg to handle
the sale.

probabilmente questo spiegherebbe il calo.
Della serie: i grafici scontano le notizie, ovvero "lettura alternativa alle
ovvietà in materia di mercati".
Ciao
--
nicola
icq 87351516

 wrote in message
t97d7ap...@corp.supernews.com...


> mi pare che TIM problemi di liquidità ne abbia ben pochi..... anzi.....
non è questo il problema per tim ma per il fatto che ferma restando la
domanda l' offerta finanziaria di Wireless è aumentata, risultato probabile,
i gestori faranno più spazio nei loro portafogli per ricalibrare i vari pesi
anche se 2 milardi di dollari non è una cifra eccessivamente preoccupante
ciao
Francesco