Bloomberg | January 26, 2011 | Anabela Reis and Joao Lima
Portugal Telecom SGPS SA agreed to buy at least 22 percent of Telemar Norte Leste SA, Brazil’s biggest phone company, for 8.32 billion reais ($5 billion) in cash, six months after selling its stake...
With 200 million mobile users and counting, it really was about time for Facebook to try and cash in on the burgeoning mobile advertising bandwagon – something it appears ready to do after the acquisition of Seattle hyperlocal ad startup Rel8tion.
Mobile broadband had a few moments under the spotlight during President Barack Obama's wide-ranging State of the Union address last night. One of the themes of Obama's speech was the new global competitive landscape that America's workforce finds itself in today.There are millions of...
Ceragon Networks announced it has acquired NERA Networks,provider of long-distance microwave links. The $48.5 million buyout will double Ceragon's size, product portfolio and geographic reach. With the acquisition, Ceragon will be able to provide solutions and services to customers to deal with the rising...
Reuters | January 24, 2011 | Sinead Carew
China's Huawei Technologies Co Ltd HWT.UL has filed a lawsuit to block Motorola from selling one of its business units to Nokia Siemens Networks, demanding that the $1.2 billion deal be altered to avoid infringing on intellectual...
Kunekt | January 24, 2011 | Press Release
Kunekt to Design, Build and Market Quality Mobile Phones and Android Smartphones and Tablets in Developed and Developing Countries
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ - Kunekt Corporation (OTCBB: KNKT), creator of the Kunekt global brand of affordably priced,...
Kunekt | January 24, 2011 | Press Release
Kunekt to Design, Build and Market Quality Mobile Phones and Android Smartphones and Tablets in Developed and Developing Countries
HONG KONG, Jan. 24 /PRNewswire-FirstCall/ - Kunekt Corporation (OTCBB: KNKT), creator of the Kunekt global brand of...
Reuters | January 19, 2011 | Miyoung Kim
(Reuters) - Samsung Electronics Co said on Thursday it had acquired Dutch display firm Liquavista, which specializes in electronic paper technology, as the world's biggest LCD screen maker seeks to expand in the booming mobile display market.
Samsung...
Reuters | January 19, 2011 | Samantha Pearson
* Portugal Telecom to end up with 25.6 pct stake-newspaper
* Oi to take care of fixed-line and mobile services
* PT to be responsible for internet business
SAO PAULO, Jan 19 (Reuters) - Portugal Telecom (PTC.LS) will sign a...
Reuters | January 19, 2011 | Samantha Pearson
* Portugal Telecom to end up with 25.6 pct stake-newspaper
* Oi to take care of fixed-line and mobile services
* PT to be responsible for internet business
SAO PAULO, Jan 19 (Reuters) - Portugal Telecom (PTC.LS) will sign a...
Reuters Africa | January 17, 2011 | Fathiya Dahrul & Janeman Latul
JAKARTA Jan 17 (Reuters) - PT Telekomunikasi Indonesia , the nation biggest telecommunication firm, is re-evaluating a fixed-wireless deal with PT Bakrie Telecom worth nearly $1 billion as it now wants...
Reuters Africa | January 17, 2011 | Fathiya Dahrul & Janeman Latul
JAKARTA Jan 17 (Reuters) - PT Telekomunikasi Indonesia , the nation biggest telecommunication firm, is re-evaluating a fixed-wireless deal with PT Bakrie Telecom worth nearly $1 billion as it now wants...
Bloomberg | January 17, 2011 | Francisco Marcelino
Positivo Informatica SA, Brazil’s biggest computer maker, rose the most in nine months on speculation Lenovo Group Ltd. may acquire the company.
Positivo jumped 6.4 percent, the most since April 7, to 10.50 reais at the close of...
Business News Americas | January 12, 2011 | Matthew Malinowski
US on-demand services provider Salesforce.com's (NYSE: CRM) acquisition of compatriot enterprise application developer Dimdim coincides with a rise in Latin America's collaboration demand, Salesforce.com's Latin America president, Enrique Perezyera, told BNamericas.
Earlier this month, Salesforce.com bagged...
Consolidation has already hit the nascent mobile video chat space as giant Skype Ltd. said it has entered into a definitive agreement to purchase Qik Inc. for an undisclosed sum. The deal is expected to close this month.Qik currently counts 60 employees across its...
Business Wire | January 4, 2011 | Press Release
PARIS--(BUSINESS WIRE)--Truffle Capital, a major European private equity firm, today announced that its portfolio company LeadMedia has acquired MediaFactory, ...
Aptilo Networks signed an agreement to buy Service Factory, which is a division of Birdstep Technology. The acquisition strengthens Aptilo’s position in the wireless service management and policy control areas, said the company. The company also announced Norvestor V L.P. made an investment in...
Philippine Business Inquirer | January 3, 2011 | Doris Dumlao
MANILA, Philippines—San Miguel Corp. has expanded its presence in the highly competitive telecommunications business with the acquisition of a 40-percent interest in Eastern Telecommunications Philippines Inc. from a group led by former Trade...
CommScope Inc. (CVT) said its stockholders have voted to approve the proposed $3.9 billion acquisition of the company by private equity firm The Carlyle Group.CommScope said the deal, which was originally announced in October, was approved by 99% of the shares that voted at...
The closing of Nokia Siemens Networks pending $1.2 billion acquisition of Motorola Inc.’s (MOT) public carrier wireless network infrastructure assets has been pushed back to the first quarter of next year due to still to be completed regulatory and antitrust clearance. NSN said the...
Leap Wireless International Inc.’s subsidiary Cricket Communications Inc. completed its acquisition of Denali Spectrum L.L.C., providing the carrier with “ownership and control” of Denali’s Chicago and southern Wisconsin markets. Leap (LEAP) had previously announced plans to acquire the 17.5% controlling interest in Denali it...
Lookout Inc., a mobile security app provider, has raised $19.5 million in a third round of funding.The company claims more than 4 million users and says it will continue to invest in products for smart phones and tablets. The latest cash infusion came from...
DIRECTV, through its DIRECTV Latin America subsidiary, has completed a $604.8 million cash for stock transaction with Globo Comunicação e Participações S.A., or Globo, bringing DIRECTV’s ownership of SKY Brasil to approximately 93 percent. Globo owns the remaining 7 percent.
DIRECTV, which had a 74 percent...
