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[Joelle]

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You can't tell the telecom mergers without a scorecard: France Telecom proposed a $41 billion bid for TeliaSonera to create the world's third-largest broadband operator and fourth-biggest mobile company, but the Nordic company rejected the offer. Britain's Vodafone said its U.S.-based Verizon Wireless venture with Verizon is in advanced talks to buy U.S. rural mobile service provider Alltel, potentially making it the top U.S. wireless carrier ahead of AT&T. Deutsche Telekom clinched a deal last month with the Greek government that gives it a 25 percent stake in operator OTE, and India's Reliance Communications and South Africa's MTN are also close to a tie-up.
         

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