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Vodafone completes sale of New Zealand unit

U.K.-based telecom group Vodafone announced it has completed the full sale of Vodafone New Zealand Limited (VFNZ) to a consortium comprising Infratil Limited and Brookfield Asset Management Inc. for a cash consideration equivalent to an enterprise value of NZ$3.4 billion ($2.23 billion). Vodafone and VFNZ...

Neutral Connect Networks expands in-building wireless business via acquisition

The equity firm that controls Neutral Connect Networks acquired Connectivity Wireless Neutral Connect Networks announced the acquisition of Connectivity Wireless Solutions by M/C Partners, a Boston-based private equity firm that is the leading equity investment firm for Neutral Connect Networks. M/C Partners acquired Connectivity Wireless Solutions...

Cubic acquires Gridsmart Technologies to expand its smart traffic portfolio

  Cubic paid nearly $87 million in cash to acquire Gridsmart   U.S company Cubic has announced the acquisition of Gridsmart Technologies for approximately $87 million in cash. Gridsmart’s system tracks vehicle trajectory from approach through the center of the intersection to exit. Based in Knoxville, the company says...

Samsung acquires Spanish startup Zhilabs to strengthen 5G capabilities

  Samsung had previously announced an investment of $22 billion over the next three years in AI, 5G, automotive electronics components and biopharmaceuticals South Korean tech giant Samsung Electronics announced the acquisition of Spanish artificial intelligence-based network and service analytics startup Zhilabs, aiming to enhance its...

US firm KKR get green light to buy stake at Altice France’s tower business

  Altice France and KKR will form a new entity dubbed SFR TowerCo   The European Commission has approved a deal in which U.S. investment company Kohlberg Kravis Roberts will acquire a stake in European cable group Altice’s telecom towers business in France. In June, Altice Europe said...

Itron on track to fully integrate Silver Spring Networks business, says CEO

Itron said it is seeing a high level of interest from customers for the firm’s new smart gas and water meters   U.S. firm Itron, which focuses on technology solutions for energy and water water resource management, is on track to complete the full integration of...

#TBT: Sprint, T-Mobile battle for No. 3; Apple, Samsung partner on iPhone? … this week in 2015

Sprint and T-Mobile US were engulfed in a size battle, while reports indicated Apple and Samsung were partnering on iPhone models … 2 years ago this week. Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to...

Vodafone and Idea Cellular move to create largest mobile carrier in India

Proposed merger of Vodafone and Idea Cellular operations would result in nearly 400 million combined customers, robust spectrum for LTE and 5G. Vodafone Group and Idea Cellular moved on long-simmering plans to combine their cellular operations in India, announcing a proposed deal to...

Nokia reorgs Mobile Networks biz, shuffles executives post-Alcatel-Lucent integration

Nokia set to split Global Services business from its Mobile Networks division and redraw executive responsibilities beginning April 1. Nokia is set for a major reshuffling of business operations, announcing plans to break its Mobile Networks business into a pair of separate operating...

Reliance, Aircel merger plan gets key regulatory approvals

Reliance and Aircel initially signed a merger agreement in September 2016. Indian telecommunications firms Reliance Communications and Aircel obtained approval to merge their operations from the Securities and Exchange Board of India. The deal has already garnered approval from the Bombay Stock Exchange...

EXFO continues to consolidate with Ontology Systems purchase

Ontology deal to provide EXFO with real-time network topology discovery and service-chain mapping to improve network visibility platform for operators. EXFO said it has acquired privately held Ontology Systems in a deal valued at $7.6 million, net of cash. U.K.-based Ontology works...

Bharti Airtel reaches agreement to acquire Telenor India

Transaction will see Bharti acquire full control of Telenor India and is expected to close within the next year. Indian telecommunications provider Bharti Airtel agreed to acquire full control of Telenor's Indian operation. The transaction is expected to allow Bharti Airtel...

Nokia NFV orchestration plans set for boost from Comptel purchase

Nokia plans to further strengthen its NFV, SDN and software focus with purchase of fellow Finnish company Comptel in a deal valued at $370.8 million. Nokia is set to bolster its network software plans through a pending acquisition of Comptel, which is focused...

Cisco bolsters IoT and app business with AppDynamics deal

Cisco agrees to pay $3.7B for AppDynamics and its cloud applications and business monitoring platform one day before planned IPO. Cisco Systems is set to pay $3.7 billion for privately held AppDynamics in a move to bolster its ability to offer application intelligence....

2017 Predictions: New administration could trigger big changes for telecom industry

Potential impact of new administration on the telecom industry could see a green light for further M&A activity, changes to net neutrality legislation and expansion of zero-rated data. Editor’s Note: With 2017 now upon us, RCR Wireless News has gathered predictions from across...

RCR Wireless News Top 100 stories of 2016 (Pt. 4)

Google Fiber plans in flux; 5G progress and standards challenges; and M&A activity highlight final round of RCR Wireless News top 100 stories of 2016. Editor’s Note: Before we turn the page on 2016, we thought we would take a look back...

RCR Wireless News Top 100 stories of 2016 (Pt. 2)

Huawei surges; FCC moves on USF and 5G leadership, while scoring open internet victory; and Sprint pockets cash. Editor’s Note: Before we turn the page on 2016, we thought we would take a look back at the past 12 months by highlighting...

RCR Wireless News Top 100 stories of 2016 (Pt. 1)

Top 100 stories of 2016 include Sprint network upheaval, 5G network trials, M&A activity and a growing focus on IoT. Editor’s Note: Before we turn the page on 2016, we thought we would take a look back at the past 12 months...

2017 Predictions: The age of collaboration and interoperability

Changes in roaming, the impact of IoT and continued M&A activity will require greater collaboration and interoperability in 2017. Editor’s Note: With 2017 virtually upon us, RCR Wireless News has gathered predictions from across the mobile telecommunications space on what they expect...

VMware buys certain Plumgrid IP, takes on ‘number of employees’

In a deal that closed late last week, VMware looks to have strengthened its OpenStack software position with purchase of Plumgrid assets. VMware bolstered its position in the OpenStack software market with the purchase of some assets from Plumgrid. Details on the...

Is a Sprint merger with T-Mobile back on the table?

Sprint and T-Mobile both saw their stock prices surge following commitment from Sprint and SoftBank Chairman Son for $50B, 50,000 job investment. SoftBank Chairman Masayoshi Son, who also holds the same title at subsidiary Sprint, said the Japan-based telecom giant plans to invest $50...

Sprint spectrum-backed financing deal finds willing takers

The move allows Sprint to generate $3.5 billion in funding, with another $3.5 billion possible; garners investment-grade ratings from agencies Sprint moved on its plans to raise $3.5 billion in funding through the initial offering of debt backed by a portion of its spectrum holdings. The...

Reality Check: Communication companies look to M&A to close the digital gap

Growing demand for digital content is forcing telecommunication operators to look at M&A in an attempt to bolster plans Faced with increasing consumer demand for digital content, communications companies are under pressure to expand their capabilities. They need to build and enhance their digital platforms...

Verizon XO bid hits FCC roadblock over documents

The FCC paused its 180-day review of the proposed $1.8B deal between Verizon and XO, which includes access to 28 GHz spectrum licenses Verizon Communication’s planned $1.8 billion acquisition of XO Communications hit a roadblock as the Federal Communications Commission has stopped its 180-day review...