Communications infrastructure provider BAI Communications will acquire ZenFi Networks, a digital infrastructure solutions provider based on the North American east coast. Financial terms were not disclosed. Once the deal is approved by regulators, the ZenFi Networks team will join BAI’s …
mergers and acquisitions
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Aviat said that it is committed to maintaining the current engineering jobs in Canada as well as the corresponding R&D spend in the country Wireless transport solutions specialist Aviat Networks said that the completion of the acquisition of Canadian firm …
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Rogers vowed to pursue its purchase of Shaw, commenting that the pair will work together to ‘highlight the many benefits of the merger’ After two days of mediations with Canada’s Commissioner of Competition, Canadian telco Rogers Communications failed to negotiate …
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Tethys Mobile, formerly Virgin Mobile South Africa, has been in business rescue since September 2020 Huge Group will acquire the remaining assets belonging to Tethys Mobile, formerly Virgin Mobile South Africa. The telco was the country’s first mobile virtual network operator …
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Rogers and Shaw last week agreed to sell Freedom Mobile, the cellular business owned by Shaw, to Montreal-based Quebecor Canada’s competition bureau is expected to ask Rogers Communications to sell Shaw Communications’ cellular unit Shaw Mobile to overcome competition concerns …
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Rogers and Shaw said they remain committed to the proposed merger due to the long-term benefits it will bring for consumers and businesses Canadian operators Rogers Communications and Shaw Communications said they were notifiied of the Commissioner of Competition’s intention …
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Intel has acquired private 5G network provider Ananki, a startup created from the non-profit Open Networking Foundation (ONF) to focus on the commercialization of private 5G services based on open-source network technologies. Following its spin off from the ONF, Ananki …
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Vodafone Spain’s CEO said that previous periods of consolidations had been positive for the domestic mobile telephony market The potential merger of Spanish carriers Orange and Masmovil will represent a big opportunity for Vodafone Spain, Spanish newspaper Cinco Dias reported …
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The “digital chassis” redefines the vehicle base framework to include digital components based on Qualcomm Snapdragon processors Qualcomm has completed its acquisition of Arriver from SSW Partners, giving the chipmaker access to the software company’s Driver Assistance assets. Automotive has …
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The unit has been purchased by a consortium of private equity funds for €5.1 billion Deutsche Telekom (DT) and Tele2 Group have finalized the sale of T-Mobile Netherlands, officially closing the book on DT’s presence in the Dutch market. The …
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The acquisition is part of a larger strategic plan for Hispasat to become a satellite solutions and services provider Spanish satellite operator Hispasat has announced the acquisition of Axess Networks, a teleport operator and satellite services provider with a presence …
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Orange noted that the transaction is expected to be completed in the second quarter of 2023 Spanish operators Orange and Masmovil have announced the start of exclusive negotiations to merger their operations in the country. In a release, Orange said …
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The merged entity would control more than half of the total market at about 95.3 million subscribers A merger between Thailand’s True and Telenor-owned dtac, first proposed in November 2021, has officially been approved by the boards of both companies. …
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IBM has acquired more than 20 companies since 2020, all with the intention of bolstering its hybrid cloud and AI capabilities IBM has acquired telco consulting services and solutions provider Sentaca to bolster its hybrid cloud consulting business, so that …
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The NZ $1.7 billion deal between 2degrees and Orcon would make them New Zealand’s third-largest integrated telecommunications company New Zealand’s telecom provider 2degrees and internet provider Orcon have revealed plans to merge in a NZ $1.7 billion deal, positioning them …
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Taiwan Mobile announced that it has officially completed the signing of a merger agreement with rival operator Taiwan Star Telecom, the former said in a release. Taiwan Mobile, which ended 2021 with 7.3 million subscribers, noted it plans to issue …
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AppNeta CEO on being acquired by Broadcom: ‘This combination could indeed be that rare 1 + 1 = 5 level of partnership’ Broadcom revealed plans to acquire privately held AppNeta, a software company headquartered in Boston, MA that provides an …
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The deal represents one of the largest in Cox Communications history Cox Communications acquired the commercial services segment of Segra, a privately held fiber infrastructure provider based in Charlotte, North Carolina. The deal represents one of the largest in Cox Communications history and supports the …
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The purchase of Wind Hellas is expected to strengthen Nova Broadcasting Group, which United Group acquired last year Earlier this week, United Group announced an agreement with Crystal Almond Holdings to acquire one of Greece’s three mobile operators, Wind Hellas. …
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Lumen will sell CenturyLink-branded assets to Apollo across 20 states and retain those in 16 states Lumen Technologies has agreed to sell a portion of its incumbent local exchange carrier (ILEC) operations to Apollo Global Management for $7.5 billion. Lumen …
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Viavi Solutions really, really wants to buy rival test company EXFO, and it has made a fourth and higher purchase offer — which was promptly quashed, again, by EXFO founder, chairman and majority shareholder Germaine Lamonde. Viavi had upped its …
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Ufinet first entered Brazil in 2019 with the purchase of São Paulo-based Netell Wholesale telecommunications company Ufinet has entered into an agreement to acquire a majority stake in NB Telecom, a Rio de Janeiro-based carrier. According to Stefano Lorenzi, executive chairman at Ufinet, …
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Crowd-sourced network testing and analysis company Ookla has acquired testing company Solutelia and its Wireless Intelligence on-Demand (WINd) solutions, declaring that together the two companies will “disrupt and forever change the wireless network test and measurement industry.” Financial terms of …
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Digital Colony has completed its acquisition of DAS and Wi-Fi provider Boingo Wireless for a total of $854 million. The transaction also includes the assumption of $199 million of the latter’s net debt obligations. Under the terms of the merger …
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American Tower Corporation (ATC) has closed the Latin American tranche of its Telxius Towers acquisition, comprised of over 7,000 communications sites in Brazil, Peru, Chile and Argentina, the company said in a release. ATC said that the total value of …