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...
Trump victory clouds outlook for Time Warner-AT&T, other mergers
U.S. corporate dealmakers were likely to put major merger plans on hold as they assess whether U.S. President-elect Donald Trump will follow through on his populist promises and a threat to block AT&T Inc’s (T...
CenturyLink to sell data centers, colocation business
Telecommunications firm CenturyLink Inc said it would sell its data centers and colocation business to a group of funds for $2.15 billion in cash and a minority stake to be valued at $150 million in the investor’s...
Deutsche Telekom mulls BT stake sale after Brexit vote – sources
Deutsche Telekom (DTEGn.DE) is considering selling its 12 percent stake in BT Group (BT.L), two sources familiar with the matter said, paving the way for it to leave the British telecoms market following Britain’s...
Vodafone sells Dutch fixed-line operations to T-Mobile
AMSTERDAM: Vodafone’s Dutch subsidiary said on Friday it had sold fixed-line operations with around 150,000 customers to Deutsche Telekom subsidiary T-Mobile Nederland for an undisclosed sum. Vodafone agreed to...
Internet firm EarthLink in merger talks with Windstream
SAN FRANCISCO: Telecommunications firms Windstream Holdings Inc and EarthLink Holdings Corp are in talks to merge in an all-stock deal that would allow them to better compete against rivals, people familiar with the...
Nokia completes Alcatel-Lucent acquisition
HELSINKI: Finnish telecom giant Nokia today said it had finalized its acquisition of former French-American rival Alcatel-Lucent. Nokia, the world’s number one mobile phone maker for more than a decade until 2012...
Airtel signs Rs 420-crore deal with Nokia on VoLTE calling tech
NEW DELHI: Bharti AirtelBSE -0.55 % has awarded a $60 million (Rs 402 crore) pan-India deal to Finnish gear maker Nokia to implement voice-over-LTE (VoLTE) calling technology which may be launched within this year...
Bharti Infratel rises 3% on Bharti Airtel’s stake sale plan
NEW DELHI: Shares of Bharti Infratel climbed 3 percent in Tuesday’s trade after an ET report citing sources that private equity player KKR and pension fiant Canada Pension Plan Investment Board (CPPIB) are in talks with...
Telecom firm CenturyLink nears deal to merge with Level 3
New York: CenturyLink Inc. and Level 3 Communications are in advanced talks to merge, according to people familiar with the matter, in a deal that would create an enterprise telecommunications player worth more than $50...
Qualcomm to buy NXP Semiconductors in $47 billion deal
San Francisco: Qualcomm Inc., the largest maker of mobile-phone chips, will acquire NXP Semiconductors NV in a transaction valued at $47 billion, aiming to speed an expansion into new industries and reduce its...
Big tech-media mergers raise fresh privacy concerns
WASHINGTON: They know how you browse the internet, your favorite TV shows and where you shop and travel. Data collected by internet and media companies is a powerful tool, and the big mergers planned by AT&T with...
