ITV Plc may win back its investment- grade ranking as the U.K.’s biggest commercial broadcaster redeems debt and advertising revenue is boosted by the English soccer team’s success in the European Championship.
Hellenic Telecommunications Organization SA has gone from being the biggest loser in Europe’s bond market to the best performer as its debt reduction plan kicks in and concern Greece will exit the euro recedes.
Vodafone Group Plc ’s $6.5 billion sale of its stake in China Mobile Ltd. is the biggest divestment since Chief Executive Officer Vittorio Colao took charge in 2008. Investors are looking to him for more disposals.
Deutsche Telekom AG, whose proposed $39 billion sale of T-Mobile USA to AT&T Inc. collapsed yesterday, has about a year before it needs to start the search for another partner amid rising costs for improving its network.