U.S. telecom company Verizon Communications is in discussions with EchoStar about purchasing some of its wireless spectrum, Bloomberg News reported on Monday, citing people familiar with the matter. The discussions...
BT Group to sell Radianz business to TNS
BT Group said on Tuesday it would sell its Radianz business to Transaction Network Services, as Britain’s largest broadband and mobile services provider explores options to optimize its international business...
China Mobile buys over 14% stake in HKBN for $138 million
China Mobile, the world’s biggest wireless carrier by users, said on Monday it had bought a 14.4% stake in Hong Kong-based broadband service provider HKBN for HK$1.08 billion ($137.58 million). The deal gives...
Telefonica in exclusive talks to sell its Mexican unit to Beyond ONE, sources say
Spanish telecom giant Telefonica is in exclusive talks to sell its Mexican business to Beyond ONE, the owner of Virgin Mobile Mexico, three sources with knowledge of the negotiations said. The Spanish company has...
Justice Department to allow T-Mobile’s $4.4 billion acquisition of UScellular
U.S. antitrust enforcers greenlit T-Mobile’s $4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump administration as it takes a softer approach to corporate consolidation than...
SoftBank raises $4.8 billion from T-Mobile share sale, term sheet shows
Japan’s SoftBank raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters. The shares were offered in a price range of $224 to $228 each, the term...
South Korea’s Hanwha offloads Eutelsat stake as Starlink rival seeks new investors
South Korea’s Hanwha Systems (272210.KS) said on Thursday it was selling its entire 5.4% stake in Eutelsat (ETL.PA) for 77.6 million euros ($88.5 million), as the Franco-British satellite operator seeks new...
AT&T agrees to buy Lumen’s consumer fiber business for $5.75 billion
AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its national fiber...
Telefonica hires Citi to sell Chilean business, El Confidencial reports
Spanish telecoms company Telefonica has hired Citi as an adviser to sell its Chilean business, news website El Confidencial reported on Monday, citing unidentified market sources. Telefonica would book a capital loss on...
Japan’s NTT plans to buy remaining NTT Data shares for up to $20 billion, Nikkei reports
Japanese telecoms giant Nippon Telegraph and Telephone plans to launch a tender offer worth up to 3 trillion yen ($20 billion) to buy the remaining shares in NTT Data, the Nikkei newspaper reported on Thursday. NTT...
Airtel, Tata Play call off DTH merger talks
Bharti Airtel has officially called off discussions with the Tata Group regarding a potential merger of their Direct-To-Home (DTH) businesses. The telecom giant, through a regulatory filing said that both parties have...
NCLT to decide on RCom’s ₹550 crore refund plea against Ericsson in June
The insolvency court said it will decide next month on bankrupt telco Reliance Communications Ltd’s plea seeking a ₹550 crore refund from Swedish telecom equipment maker Ericsson. During a brief hearing at the Mumbai...
