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Telus ends plan to buy Mobilicity after government intervenes

Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.


Japan Telco giant increases bid on Sprint

Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.

Lucio Tan to Consider Exiting Philippine Airlines After Two Decades

Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.

Bristol-Myers Executive, Ramnarine Admits Insider Trading

Robert Ramnarine, former Bristol-Myers executive pleaded guilty to the insider trading charges filed against him.


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Kapil Siba, Indian Communications Minister, has called to meet different telecom companies to end lawsuits after a decrease in overseas investment transpired in the country.
Big debts are seen looming as bold bets on acquisition from two Thai billionaires totaled US$27 billion last year.
Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
New York Stock Exchange may surrender some of its shares in the US stocks to put an end to large trading incentives.
Carl Icahn and Southeastern Asset Management are short listing potential candidates for Dell Inc CEO. after they succeeded in the proxy battle against company founder Michael Dell and Silver Lake Partners.
KKR & Co. confirmed departure of one of its executives, Nicolas Cattelain while Apax Partners LLP refused to comment on said departure of its executive, Massimiliano Belingheri.
Wal-Mart celebrates its annual meeting and announces a share repurchase program. (Photo : Reuters)The image is the frontage of a Walmart store. Wal-Mart Stores Inc has announced plans to undertake a US$15 billion share repurchase plan during its annual workers meeting last Friday.
Football star Didier Drogba invests in a mine in his home country of Ivory Coast as his latest move after his humanitarian work.
Marchionne discounts speculation that Fiat would accumulate more debts when it purchases the Chrysler stake of VEBA.