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Telecommunications

Verizon Wireless

US FCC gives nod to Verizon buyout of Vodafone's stake in Verizon Wireless

The US Federal Communications Commission (FCC) has approved Verizon's to buyout of Vodafone's stake in Verizon Wireless for USD130 billion, giving Verizon full ownership of the said network.

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Bharti Airtel

India's Airtel raises EUR750 million in bond issue

India-based mobile operator Bharti Airtel has raised EUR750 million in a bond issue that received bids worth EUR3.8 billion. The bond issue aimed to refinance the company's existing debt.

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iPhone

China Mobile inks deal with Apple to offer iPhone

China Mobile Ltd. has reportedly entered a deal with Cupertino-based tech giant Apple Inc. to offer iPhones to its more than 700 million subscribers. China Mobile earlier this week received its 4G license from the Chinese government.

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Telefonica Sa

Brazil regulator orders Telefonica to lessen influence in country's telecom business

The antitrust regulator of Brazil has instructed Telefonica to bring down its influence in the country's telecommunications business either by reducing its holdings or convincing Telecom Italia to sell its local unit.

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ThyssenKrupp AG

Top deals of the day - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on tuesday including Adcock Ingram, Energa, Nordea Bank, Alitalia, Ben Venue, TIM Participacoes, Douglas, Mercator, Novartis, OncoMed, Kerning and Malaysia Airports

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TELEHOP COMMUNICATIONS SIGNS LETTER OF INTENT TO ACQUIRE G3 TELECOM INCLUDING WIRELESS OPERATIONS

TELEHOP COMMUNICATIONS INC SAYS THE PURCHASE PRICE FOR THE BUSINESS WILL BE $4.3 MILLION

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Telecom Italia SpA

Telecom Italia says it tells regulators no bids received for Brazil business

Italy-based Telecom Italia told regulators that it did not get any offers for its unit in Brazil and that it intends to keep the unit. The company issued the statement in response to a request from an Italian regulator regarding Telecom Italia's plans for its Brazilian business.

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PT Axis Telekom Indonesia

Indonesian government finally approves Axis takeover

Indonesia's Information and Communication Technology Ministry has finally approved the acquisition of PT Axis Telekom Indonesia (Axis) by PT XL Axiata (EXCL) on November 28.

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TDC A/S

Denmark's TDC joins call for mergers in Nordic market

With market saturation leading to falling prices which have hurt earnings and prevented telecommunications operators from making investments, TDC Chief Executive Carsten Dilling has joined the call of his rivals for mergers.

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Tech Mahindra

Indian firm Tech Mahindra mulls merger with Mahindra Engineering

Information, communication and technology (ICT) solutions provider Tech Mahindra is holding a board meeting on Friday to consider a merger with engineering firm Mahindra Engineering Services.

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Telecom Italia SpA

Telecom Italia taps Morgan Stanley in tower lot sale - sources

According to sources who were familiar with the deliberations, Telecom Italia SpA obtained the services of Morgan Stanley to decide on the telecommunications company's divestment of its 7,000 tower lot in Brazil.

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Time Warner Cable

US cable firm Charter raising USD25 billion for Time Warner acquisition -source

Charter Communications Inc is raising USD25 billion in debt to fund the acquisition of Time Warner Cable Inc, according to a source familiar with the matter.

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Turkcell head office in Istanbul

Turkcell sues MTN in South Africa for $4.2 billion in Iran damages

Turkish mobile phone company Turkcell has taken to a South African court its $4.2 billion lawsuit against rival MTN Group, alleging it was the victim of "corruption and bribery" that caused it to lose a contract in Iran.

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Orange SA logo

Orange picks up USD.1.4 from sale of Dominican Unit to Altice

Cable and telecommunications investor Altice's acquisition of Orange Dominicana SA was made in order to expand its already growing empire in the media business in the Dominican Republic.

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Vincent Bollore

Bollore to replace Fourtou as Vivendi Chairman after spin-off of phone unit

Vincent Bollore will be elected as the new Chairman of the Paris, France-based company Vivendi SA after the spin-off of its telecommunications business will be finalized.

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