NORDIC DAYBOOK: AT&T Pays Deutsche Telekom $39B for T-Mobile USA
AT&T Inc. (T) agreed to buy T-Mobile USA from Deutsche Telekom AG for about $39 billion in cash and stock to create America’s largest telecommunications company, trumping Sprint Nextel Corp.’s effort to acquire the business.
ALL TIMES CET
WHAT TO WATCH: * Jorma Ollila, Nokia Chairman, Risto Siilasmaa, Nokia board member, and Bjoern Wahlroos, Chairman of Sampo, speak at a seminar in Helsinki, 6 p.m.
EARNINGS: * Green Wind Energy 1H net loss DK24.3m vs. DK17.9m loss.
MARKETS: * Nasdaq OMX Helsinki 25 Index rose 0.8% to 2,518.91 * The OMX Stockholm 30 Index added 1.5% to 1,091.37 * Oslo’s OBX Index gained 0.7% to 399.13 * The Copenhagen 20 Index increased 2.3% to 461.97 * Swedish krona -- U.S. 6.26131 - EU 8.8727 * Norwegian krone -- U.S. 5.56072 - EU 7.8799
BOND MARKET: * Norges Bank government bonds auction results at 11 a.m.
COMPANIES: * Sparekassen Faaborg (SPFA DC) AGM * Star Vault (STVAB SS) AGM * Nokia Oyj (NOK1V) plans to introduce a new smartphone with Deutsche Telekom AG’s T-Mobile USA unit based on its Symbian operating system, the Wall Street Journal reported, citing people familiar with the matter. * Aarhus Lokalbank A/S, a regional Danish lender, said it will convert hybrid core capital of 102 million kroner ($19.4 million) into shares.
ECONOMY: * Association of Danish Mortgage Banks publishes 4Q house price data, 10 a.m. * Bengt Holmstroem, MIT Professor and Nokia board member, speaks at the Helsinki University and Olli Rehn, European Union Economic and Monetary Affairs Commissioner gives pre-recorded comments, 3 p.m.
To contact the editor responsible for this story: Kati Pohjanpalo at firstname.lastname@example.org