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