CybeRelease: Telecom Mega Mergers peeking Interest in Sector
(CybeRelease, March 9, 2006) - Lake Harmony, PA - AT&T Inc.’s $67 billion bid to acquire BellSouth Corp has focused investor’s attention on the telecommunication sector. Regardless of whether the companies are directly affected by the transaction like equipment vendor Tellabs Inc., (Nasdaq: TLAB), or they are operating in other sections of the telecom industry like Texxon Inc. (OTC BB: TXXN), Qualcomm Inc. (Nasdaq: QCOM) and Broadwing Corp. (Nasdaq: BWNG).
Texxon said that its acquisition of TelePlus Group Inc. (“TelePlus”), a niche market international telecommunications company, should close sometime during the next month. The TelePlus model is distinct because is a global Mobile Virtual Network Operator which has bundled international long distance with unique proprietary, “content in-language,” services for the typical international traveler.
For more information, go to http://www.cyberelease.com/txxn3906.htm.
CybeRelease Gainers are Sharper Image Corporation (Nasdaq: SHRP), Leading Brands Inc. (Nasdaq: LBIX), Sirenza Microdevices, Inc. (Nasdaq: SMDI) and SFBC International, Inc. (Nasdaq: SFCC).
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