In the most recent round of billing company mergers and acquisitions, LHS Group Inc. will acquire InfoCellular Inc., and Intertech and International Billing Services said they will work together to supply mutual customers one-stop shopping for billing and customer care.The events follow recent acquisitions...
The recent merger activity involving second-tier cellular companies has touched off speculation about which companies may be next to tie the knot.Alltel Corp. and 3600 Communications Co. last week announced they will merge in a transaction valued at more than $6 billion. Just a...
NEW YORK-Mergers and acquisitions by U.S. companies appeared to be unaffected in the first quarter of this year by recent volatility in the equity markets and concerns about higher interest rates and inflation.The overall value of proposed transactions announced in the first quarter of...
NEW YORK-In a record-breaking year for domestic mergers and acquisitions, telecommunications transactions accounted for four of the five largest deals announced or concluded in 1996. This year also promises a great deal of M&A activity by carriers and other companies in related industry sectors,...
WASHINGTON, D.C.-The U.S. Department of Justice said last week the scheduled merger between SBC Communications Inc. and Pacific Telesis Group does not violate federal anti-trust laws.In addition, two other mergers are nearing final approval.Shareholders of Bell Atlantic Corp. voted overwhelmingly Friday to approve the...
WASHINGTON-The Senate Judiciary Committee last week scrutinized pending mergers involving four of the seven regional Bell telephone companies, setting the stage for a broader debate on whether the new telecommunications law is fostering competition or limiting it.There are strong views on both sides of...
Lately Western Europe is a tourney of anticipation and waiting where players are evaluating merging options and calculating the competition's next move.The first domino may fall if Cable & Wireless plc and British Telecommunications plc join forces. Weeks ago the London companies acknowledged the...
NEW YORK-The total number and dollar volume of mergers and acquisitions in the global telecommunications market reached an all-time high in 1995, according to a report by Broadview Associates L.P. of Fort Lee, N.J.Cable and wireless transactions accounted for 69 percent of this activity...
What's behind the recent wave of wireless mega-mergers and alliances?First, AT&T Corp. launched its bold acquisition of cellular leader McCaw Cellular Communications Inc., and MCI Communications Corp. responded by attempting to purchase a stake in enhanced specialized mobile radio operator Nextel Communications Inc. More...
