Data storage services provider Barracuda Networks Inc (CUDA.N) is working with Morgan Stanley (MS.N) to look for potential buyers, Bloomberg reported, citing people familiar with the matter. No buyers have emerged till...
Srei Infrastructure Finance keen to buy telecom tower assets in EMs>
A couple of months after exiting from Viom Networks, Srei Infrastructure Finance is looking at opportunities to acquire telecom tower assets in emerging markets overseas while equally exploring greenfield possibilities...
RJio to raise Rs 15,000 cr in India’s second largest rights issue
Reliance Jio Infocomm Ltd (RJIL), the unlisted subsidiary of Reliance Industries Limited (RIL) on Monday announced a plan to issue 15 billion equity shares of Rs 10 each to the existing shareholders (to raise Rs 15,000...
Qualcomm unveils $280 million joint venture with Chinese province
Qualcomm Inc and the provincial government of Guizhou in southwest China unveiled on Sunday a $280 million joint venture for the design, development and sale of advanced server technology, as the U.S. chipmaker deepens...
Vodafone likely to buy YOU Broadband for Rs 400 crore
Vodafone India will soon buy You Broadband, a cabled Internet company for around Rs 400 crore, said two people familiar with talks. The companies have been in talks for the last three months, and documents are now being...
RCom gets nod to buy Sistema Shyam
Reliance Communications (RCom) on Thursday said it had received a go-ahead from the stock exchanges to acquire Sistema Shyam Teleservices Ltd (SSTL), which operates under the MTS brand. “We wish to inform you that we...
Airtel to sell 2 African operations to Orange
French telecom major Orange has signed a deal with Bharti Airtel International (Netherlands) BV for acquiring its operations in two African countries, Burkina Faso and Sierra Leone. The companies did not reveal the size...
Reliance Jio can acquire 80 mn 4G users in 2 years: CLSA
KOLKATA: Reliance Jio Infocomm is slated to acquire 80 million 4G customers in the next two years, with more than half expected to switch over from India’s top three carriers, Bharti Airtel, Vodafone India and...
Orange to acquire Airtel’s operations in Burkina Faso and Sierra Leone
NEW DELHI: Orange and Bharti AirtelBSE 1.54 % International Wednesday inked a deal that will allow Orange’s acquisition of Airtel’s operations in Burkina Faso and Sierra Leone. Orange will acquire 100% stake...
Bharti Airtel acquires 74% stake in Augere to strengthen 4G footprint
NEW DELHI: Bharti AirtelBSE 0.55 % has bought a 74% stake in Augere Wireless Broadband India, consolidating its 4G footprint ahead of the launch of similar highspeed broadband services by Reliance Jio Infocomm...
Next-gen Ambanis take charge at Jio soft launch
Mukesh Ambani finally introduced his much-anticipated fourth-generation wireless broadband services – Reliance Jio – on Sunday, restricting it only for the company’s employees for now. While a full...
RCom, Aircel, SSTL merger may create strong number 4 after Airtel, Vodafone, Idea
KOLKATA: A three-way combination involving telecom operators Reliance CommunicationsBSE -0.06 %, Sistema Shyam Teleservices and Aircel would have an 3G footprint that’s bigger than those of Vodafone and Idea...
