Nokia Buys Travel Oriented Mobile Social Networking Service
From: Information Week
Continuing its tendency to buy up smaller mobile content companies, Nokia has announced that it has acquired Dopplr, a privately-held mobile service provider for international travelers. Read more at Information Week.
GHL Acquisition Corp. Announces Stockholder Approval of Iridium Acquisition
From: Satellite Today
GHL Acquisition stockholders voted to approve its acquisition of Iridium following the approval of the U.S. Federal Communications Commission granted in August, GHL announced Sept 24. The acquisition is expected to close Sept. 29. Read more at Satellite Today.
Iridium Next Bidders Seek Backing from Export Credit Agencies
From: Space News
Mobile satellite services provider Iridium, which was purchased Sept. 23 by GHL Acquisition of New York and is issuing $160 million in new stock, may need to delay until early 2010 the selection of a prime contractor for its $2.7 billion Iridium Next constellation of 66 low-orbiting satellites, the company’s chief executive said Sept. 24. Read more at Space News.
Permira raises €177m in partial sale of Freenet stake
From: FT.com
Permira has raised €177m ($261m) by selling more than half its stake in Freenet, the German telecoms group. Read more at FT.com.
