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...
Govt plans to sell TCL stake for ₹8,000 cr
The government will sell its remaining 26.12% stake in Tata Communications Ltd (TCL), a small part to stock market investors through an offer for sale (OFS) and the bulk to majority owner Tatas, aiming to raise...
American Tower to boost telecom portfolio with $3.5 billion deal for InSite Wireless
American Tower Corp said on Thursday it will buy communications firm InSite Wireless Group LLC in a $3.5 billion deal, aiming to snap up more telecom assets as 5G builds momentum in the United States. American Tower is...
