America Movil said this transaction increases its overall shareholding in Telekom Austria from 51% to 56.55%
Mexican telecommunications group America Movil has increased its ownership in Austrian mobile operator Telekom Austria after it acquired shares corresponding to 5.55% of the voting rights in the company.
In...
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...
Proximus Opal provides cloud-based telecom platforms for enterprise customers such as Salesforce and TikTok creator Bytedance
Proximus Opal, a unit of Belgian telecom service provider Proximus Group, announced plans to buy an almost 58% stake in cloud communications platform-as-a-service company Route Mobile, to the tune...
Arrcus said the investment will enable the firm to accelerate growth and expand market reach
Networking software company Arrcus announced a new investment from Hitachi Ventures for an additional closing of its Series D.
Arrcus said this new investment will enable the company to accelerate its...
Foxconn is investing $246 million in Vietnam's northern province of Quang Ninh
Reports indicate that Hon Hai Technology Group (Foxconn) has been granted permission by Vietnam authorities to invest $246 million in assembling telecoms and electronic vehicle (EV) equipment in the country.
The company, according...
Samsung also shared that it has secured additional foundry partners for its Samsung Advanced Foundry Ecosystem (SAFE)
At its 7th annual Samsung Foundry Forum (SFF) 2023, Samsung shares its latest foundry technology mission business strategy, focusing largely on the growing need to address artificial intelligence (AI)...
The decision puts AWS in a better position against rivals Microsoft and Google
Amazon Web Services (AWS) has announced a $100 million investment to develop a center to help enterprises use generative AI, the technology behind OpenAI’s ChatGPT chatbot. The decision puts the company in...
Thai carriers Total Access Communication (Dtac) and True Corp have completed their merger. Nordic operator Telenor, which partially ownes Dtac, said in a statement that the transaction is the largest telco merger in Southeast Asia by combined enterprise value.
The new company will have a...
Hyundai Motor and KT plan to form and operate a committee to promote future new projects and advanced research
Korean car maker Hyundai Motor Group said it will expand its strategic partnership with compatriot telecom operator KT Corporation (KT) to further collaborate in the future...
Singtel noted that the transaction will help to meet the group’s needs for 5G and growth initiatives in the next few years
Singaporean operator Singtel announced plans to divest part of its stake in Indian operator Bharti Airtel for about SGD2.25 billion ($1.6 billion).
In a...
Singtel had acquired Trustwave in 2015 in a transaction valued at $810 million
Singaporean telecom operator Singtel is considering whether to sell its cybersecurity business Trustwave Holdings, Bloomberg reported, citing sources with knowledge of the matter.
The report revealed that the potential transaction will enable Singtel...
American Tower will retain managerial and operational control of the data center business
American Tower Corporation and Stonepeak, an investment firm specializing in infrastructure and real assets, announced that Stonepeak, on behalf of certain affiliated investment vehicles, will acquire an ownership interest of approximately 29%...
