Japanese tech firm NTT Communications on Thursday said the row between its sister concern NTT Docomo and domestic conglomerate Tata Sons, which has been resolved now, has no impact on its business plan for India. NTT...
TPG-backed RCN buys broadband provider Wave for $2.37 billion
Private equity firm TPG Global LLC said on Monday it would buy Wave Broadband for $2.37 billion in a deal that creates the sixth largest U.S. cable operator at a time when demand for high-speed internet service is...
Softbank eyeing to invest $100 bn in technology sector in six months
Japanese conglomerate Softbank on Sunday said that it has freezed $93 billion capital for its Softbank Vision Fund that will be invested in the technology sector and expects total commitment in it to reach $100 billion...
Shaw Communications explores selling ViaWest: sources
Shaw Communications (SJRb.TO) is looking for a buyer for ViaWest, the U.S. data center company it bought three years ago, according to people familiar with the matter, as the Canadian cable company continues to shed...
Verizon close to Yahoo deal, price cut of $250-350 million: sources
Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc’s (YHOO.O) core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a...
New York court approves Verizon settlement over ‘merger tax’ objections
A New York state appeals court on Thursday said its door remains open for settlements of merger litigation where shareholders receive no money, approving an accord tied to Verizon Communications Inc’s (VZ.N) $130...
L-3 Communications buys UK-based MacDonald Humfrey
U.S. defense contractor L-3 Communications Holdings Inc (LLL.N) said it had acquired UK-based MacDonald Humfrey Automation Ltd for 224 million pounds ($278 million) to strengthen its position in the aviation security...
Tata Communication gets approval from GOI and Competition Commission of South Africa to sell Neotel
MUMBAI: Tata Communication has received approval from the Government of India and Competition Commission of South Africa to sell its South African subsidiary Neotel to Liquid Telecom. Liquid Telecom, majority owned by...
Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion
Chipmaker Broadcom Ltd (AVGO.O) said it would buy Brocade Communications Systems Inc (BRCD.O) for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers. The deal, the...
Broadcom nears deal to buy Brocade: sources
SAN FRANCISCO – Chipmaker Broadcom Ltd is nearing a deal to acquire network gear maker Brocade Communications Systems Inc in a deal that could be announced later this week, people familiar with the matter said on...
Fujian Star Net Communication plans acquisition via cash, share issue
Fujian Star-Net Communication Co Ltd * Says it plans to acquire communication equipment assets worth about 3.2-4.9 billion yuan ($479.18-733.74 million) via cash, share issue * Says shares have halted trading from...
Maoye Communication and Network completes full acquisition of Guangdong communications technology firm
Maoye Communication and Network Co Ltd : * Says it completes full acquisition of Guangdong communications technology firm for 1.2 billion yuan Source text in Chinese: goo.gl/DRkPNE Further company coverage: (Beijing...
