FTSE up more than 1%

World markets took another step in their recovery today after a multi-billion dollar deal in the telecoms sector boosted confidence.

FTSE up more than 1%
Mon, 21 Mar, 2011 - 12:34

World markets took another step in their recovery today after a multi-billion dollar deal in the telecoms sector boosted confidence.

In a move that propelled mobile phone giant Vodafone to the top of London's risers board, Germany's Deutsche Telekom said it had agreed to sell T-Mobile USA to AT&T for $39bn (€27.5bn).

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