U.S. communications solutions provider iBASIS has signed a deal with Australia’s Telstra Group to acquire wholesale voice, mobile, and messaging customer contracts from Telstra International, it said on Wednesday...
Singapore’s GIC to take 25% stake in Spanish broadband venture, FT reports
Singapore’s sovereign wealth fund GIC will acquire a 25% stake in a fibre optic broadband venture between MasOrange, partly owned by France’s Orange, and Vodafone Spain, which is owned by Britain’s...
Viavi considers reviving rival bid for Spirent, say sources
U.S. IT communications specialist Viavi Solutions is considering whether it could make another bid for telecoms testing group Spirent Communications if a takeover by its rival Keysight Technologies fails, sources...
UAE’s e& seeks to buy $8.6 bln European carrier United Group, Bloomberg reports
Abu Dhabi-based Emirates Telecommunications is considering an acquisition of European cable and pay-TV operator United Group at a valuation of around 8 billion euros ($8.6 billion), Bloomberg News reported on Tuesday...
US-based Viavi to buy UK’s Spirent Communications for $1.28 bln
U.S.-based communications equipment firm Viavi Solutions Inc has agreed to buy British telecommunications testing firm Spirent Communications for about 1.01 billion pounds ($1.28 billion), the companies said on Tuesday...
Tata Comm buys video co Switch for $59 mn
Telco player Tata Communications’ Dutch arm has acquired New York-based video production and distribution company The Switch Enterprises LLC for $58.8 million (around ₹486 crore) in an all-cash deal. In December last...
Eutelsat Communications invests $550 million in OneWeb
Paris-based Eutelsat Communications has invested $550 million in OneWeb, a broadband satellite communications company acquired by a consortium of investors comprising the UK government and Sunil Mittal-led Bharti Global...
Tata Group’s holding in Tata Communications rises to 58.87 pc after govt sells stake to Panatone
Tata Group’s holding in Tata Communications has increased to 58.87 per cent after the government sold stake to Tata Sons’ unit Panatone Finvest. According to a regulatory filing, the government sold 10 per...
Government exits from Tata Communications, nets Rs 8,846 crore
The government has fully exited Tata Communications Ltd by selling its 26.12% stake and has netted Rs 8,846 crore in the process, the department of investment and public asset management (DIPAM) said Monday. The...
Tata Communications OFS opens Tuesday for institutional investors
Offer for sale (OFS) to divest government’s shareholding in Tata Communications, which was earlier state-owned VSNL, will open Tuesday for institutional investors. The government will sell its 10 per cent stake, with an...
Govt kicks off process for selling stake in Tata Communications
As many as 11 merchant bankers, including Goldman Sachs, JM Financial and Axis Capital, are in race for managing the sale of the government’s 26.12% stake in Tata Communications Ltd. The government will sell its...
11 merchant bankers in fray for managing government’s 26% stake sale in Tata Communications
As many as 11 merchant bankers, including Goldman Sachs, JM Financial and Axis Capital, are in the race for managing the sale of the government’s 26.12 per cent stake in Tata Communications Ltd. The government...
