Following a rather unceremonious rejection of a $41 billion offer earlier in the month, rumors are swirling that France Telecom is adding some extra cash onto its bid for TeliaSonera
, a juggernaut carrier and ISP serving Nordic and Baltic countries. France Telecom's flagship brand is Orange
, and if some sort of deal does go through, it could theoretically lead to Orange becoming one of the dominant carriers in the world with control over a huge swath of European spectrum. The talks, which are apparently still underway, are said to be extremely fragile -- they could end in tears of joy or sadness at any moment -- and France Telecom would like to get a deal done by Monday or Tuesday at the latest. More on this one as it develops.Update: The bid is dead
-- again. Something tells us this isn't the last time we're going to hear about this.