TelePacific Communications has received the green light from regulators to finalize its acquisition of NextWeb Inc., also known as Covad Wireless. The deal will give the competitive local exchange carrier a new foothold in wireless with NextWeb's broadband fixed wireless carrier operations in California,...
Bloomberg | March 29, 2011 |Â Crayton Harrison and Anabela Reis
Portugal Telecom SGPS SA (PTC) bought 25.3 percent of Brazilian carrier Telemar Norte Leste SA (TMAR5) for 8.32 billion reais ($5 billion), getting a bigger stake than Portugal’s largest phone company had originally planned to buy.
The stake...
Bloomberg | March 29, 2011 |Â Crayton Harrison and Anabela Reis
Portugal Telecom SGPS SA (PTC) bought 25.3 percent of Brazilian carrier Telemar Norte Leste SA (TMAR5) for 8.32 billion reais ($5 billion), getting a bigger stake than Portugal’s largest phone company had originally planned to buy.
The stake...
Philippine Daily Inquirer | March 31, 2011 |Â Doris Dumlao, Paolo Montecillo, Gil C. Cabacungan Jr.
The return of telecom duopoly in the country can shore up profits for leading players Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom and may spell cutbacks in the industry’s...
JG Summit to exchange stake in Digitel for new PLDT shares at an issue price of P2,500 per share
• Transaction to have an equity value of P74.1 billion
• Consumers to benefit from wider and complementary array of products and improved quality of service
• Paired...
Tabula Inc., a privately held fabless semiconductor company, announced it has secured $108 million in Series D funding. Tabula will use the new capital to accelerate production of their 3PLD ABAX product family, expand customer and partner support infrastructures, and further next-generation product development...
Bloomberg | March 28, 2011 | Ian Sayson
Digital Telecommunications Philippines Inc. shares rose the most in more than six years in Manila trading on speculation parent JG Summit Holdings Inc. is in talks to sell the venture to Philippine Long Distance Telephone Co.
Digitel, as the...
BlackBerry-maker Research In Motion Ltd. has acquired TinyHippos. The Waterloo, Canada-based company developed the Ripple mobile environment emulator, which provides a cross-platform mobile application development and testing tool to developers.In announcing the deal, co-founder and CTO Dan Silivestru said the team will be working...
BANGALORE: City-based Acropetal Technologies Ltd today announced it has entered into a definitive agreement to acquire two US-based companies LineBeyondInc , and Optech Consulting Inc.
LineBeyond is valued at $ 5 million and Optech at $ 7 million, respectively, the company said in a statement.
Acropetal...
Go Jamaica | March 22, 2011
Telecommunications giant Digicel has announced it is currently working on its plans to 'seamlessly' integrate the Claro Jamaica business, including the 3G service, into the Digicel Jamaica business.
On March 11, Digicel announced that it had signed an agreement to...
In a shock move, AT&T Inc. has announced a $39 billion cash-and-stock transaction buyout of T-Mobile USA from Deutsche Telekom AG in what could create the largest GSM conglomerate in the world. The deal would also make AT&T Inc. the largest operator in the U.S. by far.
Jakarta Globe | March 14, 2011 | Francezka Nangoy & Reuters
Saudi Telecom plans to increase its shares in Axis Indonesia and set up a five-year plan for the Indonesian provider, it announced on the Saudi bourse over the weekend.
STC said its plans to...
Business Week | March 11, 2011 | Associated Press
Mexican telecom company American Movil plans to acquire a cell phone company's operations in Honduras and El Salvador.
Latin America's largest phone service provider says it has reached a deal to buy 100 percent of Jamaica-based Digicel's...
The wireless industry heads to Orlando, Fla., next week for International CTIA Wireless 2011. The show comes just five weeks after Mobile World Congress 2011 kicked off in Barcelona. With such major shows like CES, Mobile World Congress and CTIA stacked up against each...
Economic Times | March 14, 2011 | Joji Thomas Philip
NEW DELHI: Hitting out at the delays in executing the stake sale, Bharti Airtel has withdrawn its bid to buy out the government's 30% stake in...
Economic Times | March 14, 2011 | Joji Thomas Philip
NEW DELHI: Hitting out at the delays in executing the stake sale, Bharti Airtel has withdrawn its bid to buy out the government's 30% stake in...
Business News Americas | March 10, 2011 | Juan Pedro Tomás
The possible sale of Colombia telecoms operatorETB is very unlikely to happen this year, Yankee Group principal analyst for Latin America, Wally Swain, told BNamericas.
According to local press reports, the company's shareholders may decide to...
Business News Americas | March 10, 2011 | Juan Pedro Tomás
The possible sale of Colombia telecoms operatorETB is very unlikely to happen this year, Yankee Group principal analyst for Latin America, Wally Swain, told BNamericas.
According to local press reports, the company's shareholders may decide to...
Telecom Italia | March 10, 2011 | Press Release
Telecom Italia announces that it has finalised the acquisition, through its subsidiary Telecom Italia International N.V.,of a 10% stake of Sofora Telecomunicaciones S.A.’s capital – the holding company which controls Telecom Argentina -  from the Argentine...
Forbes | March 10, 2011 |Â Eric Savitz
Hewlett-Packard (HPQ) is considering selling its PC business, with Samsung the most likely buyer,DigiTimes reports, citing a report in the Chinese-language Commercial Times. However, the story added that sources in the component industry say rumors about such a deal...
Flint Telecom | March 8, 2011 | Press Release
Remit2Vietnam PTY Ltd. to Provide Prepaid Debit Card and Remittance Services to Vietnamese Communities in the United States and Australia
OVERLAND PARK, KS--(Marketwire - March 8, 2011) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTCBB:Â FLTT), an International Telecoms...
