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By Kate Holton LONDON (Reuters) - Vodafone has agreed to buy Spain's largest cable operator Ono for 7.2 billion euros ($10 billion), the latest hefty deal in a European telecoms sector starting to rebuild as the region recovers from a recession. The British group said on Monday it would use some of the $130 billion proceeds from the sale of its U.S. arm to acquire Ono, with a superfast cable network and 1.9 million customers, to create a stronger challenger to market leader Telefonica. The deal for private equity-owned Ono is Vodafone's third purchase of a European fixed-broadband asset in two years, following similar moves in Britain and Germany, enabling it to offer fixed-line and mobile services, pay-TV and broadband, while saving money on building and operating its networks. The agreement, which comes as the French market undergoes a similar transformation, could also spark more consolidation within Spain as players such as France's Orange seek out acquisitions to avoid falling behind.
FORT BRAGG, N.C. (AP) — An Army general who admitted to inappropriate relationships with three soldiers under his command has pleaded guilty to a host of lesser charges as prosecutors dropped the most serious — sexual assault counts — as part of a deal.
WASHINGTON (AP) — A deadline fast approaching, President Barack Obama is seeking to ease the logjam in elusive Mideast peace talks and keep Palestinian President Mahmoud Abbas from walking away, despite few signs that either Palestinians or Israelis are prepared to budge on key sticking points.