T-Mobile US Inc and Sprint Corp have won backing for their $26 billion merger from two national security reviews on Monday, clearing key hurdles in their tie-up bid. The deal got a nod from the Committee on Foreign...
DoT rejects RCom-Jio spectrum trading deal
The telecom department told Reliance CommunicationsNSE -5.40 % (RCom) and Reliance Jio Infocomm on Tuesday that it can’t approve their deal to trade airwaves as it does not conform to its guidelines, dealing a big blow...
DoT nod to Reliance Communications’ spectrum sale to Jio likely today
The Department of Telecommunication (DoT) is likely to give its nod to Reliance CommunicationsNSE 1.60 %’ (RCom) spectrum sale to Reliance Jio on Tuesday, a day later than the timeline it had committed to the...
Huawei troubles haunt T-Mobile’s $26.5 billion sprint merger
Last year, Huawei Technologies Co. and wireless carrier SoftBank Group Corp. jointly demonstrated advanced 5G technology by pitting a human against a robotic arm in a game of air hockey in Japan. The presentation also...
RCom stares at insolvency as SC rejects plea for more time on Ericsson dues
Anil Ambani-led Reliance Communications (RCom) could be staring at insolvency as the Supreme Court (SC) on Thursday declined to grant it two weeks extra time to clear the Rs 5.5 billion dues of Ericsson. The deadline...
DoT tells SC it will clear RCom spectrum deal by Monday
The Department of Telecommunications (DoT) has told the Supreme Court that it would clear Reliance Communications’ (RCom) spectrum sale to Reliance JioInfocomm by Monday morning, providing a big relief to the Anil...
Australian regulator casts doubt on telco mega-merger, shares slammed
The Australian consumer watchdog warned a A$15 billion ($11 billion) tie-up between the local arm of Britain’s Vodafone Group (VOD.L) and internet provider TPG Telecom Ltd (TPM.AX) may hurt competition, sending shares...
Reliance Jio to hive off fibre, towers into separate units
The RelianceNSE 0.01 % Jio Infocomm (Jio) board has cleared hiving off the telco’s tower and fibre assets into two separate units, a move that will make it easier for the mobile phone company to monetise them in future...
Verizon to give buyouts to 10,400 employees in restructuring
Verizon Communications Inc. said 10,400 employees, or about 6.8 percent of its total staff, were accepted for voluntary buyouts as the company looks to trim $10 billion from costs and retool for 5G wireless technology...
Airtel looks at JV with Vodafone Idea for fibre
Bharti AirtelNSE -0.58 % is open to creating a company with rival Vodafone Idea to jointly own their fibre networks, which could be monetised to raise funds to drive growth as it seeks to regain revenue leadership by...
Altice sells stake in French fiber unit, shares surge
Telecoms and cable group Altice Europe (ATCA.AS) on Friday said its French unit had agreed to sell a 49.99 percent stake in its SFR FTTH fiber optic business to three investment funds for 1.8 billion euros ($2.05...
Vodafone, Liberty Global deal faces full EU antitrust scrutiny – source
Vodafone’s (VOD.L) $21.8 billion proposed acquisition of Liberty Global’s (LBTYA.O) assets in Germany and eastern Europe is likely to face a full EU antitrust investigation, a person familiar with the matter said. The...
