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Kagan: Why private wireless bankruptcies are not a sign of trouble

Private wireless has been one of the areas with so much growth potential and promise. Many smaller companies entered the space with big ideas. The problem was many were smaller companies without a lot of cash flow. New sectors take time. While the idea...

Telefonica increases stake in its German subsidiary to 93.1%

Telefonica said the transaction was carried for a total consideration of $1.61 billion Spanish operator Telefónica announced it has increased its ownership in Telefónica Deutschland from approximately 71.81% to approximately 93.10%, for a total consideration of EUR 1.48 billion ($1.61 billion). The transaction, which was carried...

Telenor completes sale of its satellite unit

Telenor said that the deal had been initially announced in November 2023 State-owned Space Norway announced the completion of the purchase of Telenor Group’s satellite subsidiary for a total of NOK2.4 billion ($234 million). In a release, the company said the transaction was finalized after the...

American Tower sells its tower business in India

American Tower has a portfolio of around 78,000 sites across India American Tower has signed a definitive agreement with Data Infrastructure Trust (DIT), an infrastructure investment trust associated with an affiliate of Brookfield Asset Management, for DIT to acquire 100% of the equity interests in...

Spain to acquire stake in local carrier Telefonica

The Spanish government will acquire the stake in Telefonica via state holding SEPI The Spanish government approved the acquisition of up to 10% of the capital of Spanish operator Telefónica, which would make it the majority shareholder of the operator. Spain plans to buy the stake...

Japanese operator SoftBank acquires stake in Cubic Telecom

SoftBank said that its investment in Cubic Telecom is expected to close in the first half of 2024 Japanese telecommunications operator SoftBank announced an agreement through which it will acquire a 51% equity stake in Irish firm Cubic Telecom, a provider of software-defined connected vehicle...

Telefónica launches public acquisition offer for Telefónica Germany

Telefónica currently holds approximately 71.81% of the shares in Telefónica Germany Spanish operator Telefónica has made a voluntary public acquisition offer to the shareholders of German telco Telefónica Germany to acquire up to 28.19% of Telefónica Deutschland shares, which are not already held by Telefónica. The...

Liberty Global to increase ownership in Belgium’s Telenet

Liberty Global has been the controlling shareholder of Telenet since February 2007 U.S. company Liberty Global said it is in a position to bring its ownership in Belgian operator Telenet to over 93% after the conclusion of an initial acceptance period of a voluntary public...

Harmoni Towers to acquire Parallel Infrastructure

Harmoni Towers said that the combined company will own and operate towers across 41 states in the U.S. Harmoni Towers, which is owned by investment company Palistar Capital, announced that it has agreed to acquire Parallel Infrastructure from funds managed by affiliates of Apollo Global...

Vodafone to sell Ghana unit to Telecel

Vodafone purchased a 70% stake in the Ghana business in 2008 for $900 million Vodafone Group is selling its majority shareholding in its Ghana business to Africa-focused telecoms service and technology provider Telecel Group. Vodafone first teased the deal in 2021, according to Bloomberg, which...

Jio Platforms acquires 25% stake in US artificial reality firm

  Indian digital services company Jio Platforms, a subsidiary of Reliance Industries, has made an investment of $15 million in Silicon Valley-based tech startup Two Platforms (TWO) for a 25% equity stake. Two Platforms is an artificial reality (AR) company with focus on building interactive and...

American Tower to add nearly 3,000 towers via InSite acquisition

  American Tower has agreed to acquire InSite Wireless Group, which owns, operates and manages approximately 3,000 communications sites, primarily in the U.S. and Canada. The portfolio includes more than 1,400 owned towers in the U.S., over 200 in Canada and approximately 70 distributed antenna system...

Telefonica, TIM plan joint bid for Brazilian carrier Oi

Oi "sounding out the market" for potential sale of mobile business Brazilian telecommunications operators Telefonica Brasil and TIM Participações have expressed interest in negotiating a joint offer to buy the mobile business of bankrupt Brazilian telco Oi the two companies said in securities filings. Telefonica Brazil...

JMA Wireless buys PHAZR for 5G

  PHAZR will continue to operate under its brand with PHAZR 5G products offered as part of JMA’s overall product portfolio JMA Wireless has acquired Texas-based PHAZR, which provides 5G virtualized radio network products. JMA Wireless said that the acquisition will allow it to become the first...

Marvell completes Cavium acquisition

After China approves the merger, Marvell moves forward with plans to acquire Cavium. Semiconductor company Marvell Technology announced on Friday that it has completed the acquisition of Cavium, designer of communications and storage integrated circuits (ICs). The addition of Cavium should boost Marvell’s position in...

ExteNet Systems aims to expand footprint in New York, New Jersey via new acquisition

  ExteNet aims to complete the acquisition of Hudson Fiber Network during the second half of 2018 ExteNet Systems, a developer and operator of distributed networks, has announced an agreement to acquire Hudson Fiber Network (HFN), a New Jersey-based data transport provider. ExteNet Systems said that the...

Uber purchases AI startup, creates machine learning lab

Uber is rapidly acquiring startups as it gears up for a future filled with autonomous ride-hailing vehicles. Yesterday, the company announced the purchase of an artificial intelligence startup Geometric Intelligence to provide the core for a new central AI lab being established in Uber’s...

Uber purchases AI startup, creates machine learning lab

Uber is rapidly acquiring startups as it gears up for a future filled with autonomous ride-hailing vehicles. Yesterday, the company announced the purchase of an artificial intelligence startup Geometric Intelligence to provide the core for a new central AI lab being established in Uber’s...

Samsung buys Harman to expand IoT, connected cars footprint

Samsung yesterday announced it will acquire audio giant Harman for $112 per share in cash, or total equity value of approximately $8 billion. Samsung is set to use Harman as a platform to expand its presence in the large and rapidly growing "internet of things"...

Samsung buys Harman to expand IoT, connected cars footprint

Samsung yesterday announced it will acquire audio giant Harman for $112.00 per share in cash, or total equity value of approximately $8.0 billion.  Samsung is using Harman as a platform to expand its presence in the large and rapidly growing market of IoT connected...