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Reuters reported that Italy's state lender Cassa Depositi e Prestiti is not thinking of raising its stake in Telecom Italia. CDP chairman Massimo Tononi said that CDP, which owns 50 percent of wholesale broadband...

Posted By : TelecomGuru 11 days 4 hours 57 minutes ago
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CK Hutchison has closed its purchase of Etisalat’s Sri Lankan unit, which will see the UAE-based group exit the market, in line with its goal of streamlining its portfolio.

Posted By : TelecomGuru 12 days 5 hours 2 minutes ago
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One of Birmingham's largest private companies has completed an acquisition. Momentum Telecom has completed a transaction to acquire a Phoenix-based communications company in CloudNet Group.

Posted By : TelecomGuru 12 days 5 hours 10 minutes ago
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ET Telecom reported that Vodafone Idea has demerged its fibre infrastructure business by transferring such assets to a wholly-owned unit, Vodafone Towers Ltd. The move sets the stage for an early sale of Vodafone...

Posted By : TelecomGuru 17 days 3 hours 41 minutes ago
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Tango Networks announced it has acquired Simetric Telecom, a leading UK-based provider of innovative mobile services and telecommunications solutions. The acquisition creates a groundbreaking portfolio of global mobile...

Posted By : TelecomGuru 18 days 4 hours 49 minutes ago
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NTT DATA, a leading IT services provider headquartered in Tokyo announced that it has entered into an agreement to acquire a majority stake in Atom Technologies, India’s leading end to end payment services owned by 63...

Posted By : TelecomGuru 19 days 5 hours 17 minutes ago
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The European Commission has approved the acquisition of Tele2 Netherlands by T-Mobile Netherlands without any conditions. The combined company will be in a better position to offer integrated packages of fixed and...

Posted By : TelecomGuru 19 days 5 hours 20 minutes ago
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AGC Networks Pte Ltd announced that its wholly owned subsidiary, Host Merger Sub, Inc has commenced a cash tender offer to acquire all of the outstanding shares of common stock of Black Box Corporation at a purchase...

Posted By : TelecomGuru 21 days 3 hours 55 minutes ago
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Vodafone Idea said its merger integration is moving ahead of plan and the telco will be able to unlock the synergies worth ₹14,000 crore by FY21 rather than earlier estimated FY23.

Posted By : TelecomGuru 25 days 5 hours 16 minutes ago
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ET Telecom reported that tower company Bharti Infratel could emerge as a potential buyer for the fibre assets of Vodafone Idea, funds from which,

Posted By : TelecomGuru 1 month 31 day 2 hours 24 minutes ago
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Reuters reported that shareholders in Vodacom Tanzania approved the sale of a 26 percent stake owned by Mirambo Holdings Ltd to South Africa's Vodacom Group. They approved the transaction during an extraordinary annual...

Posted By : TelecomGuru 1 month 32 days 4 hours 5 minutes ago
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Reuters reported that Nigeria's telecoms regulator has cleared Teleology's takeover of 9mobile, the country's fourth biggest operator, ending a long bidding process for the debt laden company that started a year ago.

Posted By : TelecomGuru 1 month 34 days 4 hours 44 minutes ago
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Telefónica reached an agreement with Grupo Catalana Occidente for the sale of 100% of Antares, its insurance company in Spain, for a total amount of 161 million euros. Antares offers health, life, accident and life...

Posted By : TelecomGuru 1 month 35 days 3 hours 13 minutes ago
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Mobile Communications America one of Motorola Solutions' largest channel partners and a leading provider of communications solutions and services, today announced the acquisition of Sharp Communication & Security...

Posted By : TelecomGuru 1 month 55 days 5 hours 43 minutes ago
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ET Telecom reported that Reliance Industries will buy majority stakes in Den Networks Ltd and Hathway Cable and Datacom Ltd for INR 5,230 crore. It will acquire 66% stake in Den Networks through an investment of INR...

Posted By : TelecomGuru 1 month 60 days 5 hours 1 minute ago
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ET Telecom reported that Edelweiss Asset Reconstruction Company has teamed up with US-based alternative investment manager Oaktree Capital to buy INR 4,000 crore which telecom tower company GTL Infrastructure owed a...

Posted By : TelecomGuru 2 months 4 hours 45 minutes ago
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ET Telecom reported that Tata Communications will acquire Teleena- a Netherlands based company that specialises in Internet of Things and is a mobile virtual network enabler.

Posted By : TelecomGuru 2 months 74 days 5 hours 4 minutes ago
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Infinera, a provider of Intelligent Transport Networks, announces the closing of its acquisition of Coriant, a privately held global supplier of open network solutions for the largest global network operators. The...

Posted By : TelecomGuru 2 months 75 days 5 hours 32 minutes ago
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Bloomberg reported that Telecom Italia SpA’s board discussed a proposal by Chief Executive Officer Amos Genish to make an offer for Nextel Telecomunicacoes Ltda, a move that would help the carrier gain market share...

Posted By : TelecomGuru 2 months 82 days 3 hours 37 minutes ago
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The Columbian reported that T-Mobile has hired an executive to handle its pending merger with Sprint. Mr Sunit Patel, a veteran of the telecom industry, will join the company in October to serve as an executive vice...

Posted By : TelecomGuru 2 months 83 days 6 hours 26 minutes ago
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