AT&T said it has closed on its acquisition of Leap Wireless, bolstering the carrier’s already ample stable of no-contract offerings. The deal closed just one day ahead of the Federal Communications Commission’s self-imposed 180-day review period.
The deal, which was originally announced last summer, was...
The potential for mergers and acquisitions in telecom continues to be high, agreed company leaders at the recent Telecom Exchange event in Denver. With big-name companies such as Google and Facebook looking for ways to spend cash and a good equity market, the biggest...
It has been an eventful week in the telecom industry with each change supplementing three broad themes developed in previous columns: a) the critical nature of data value to each wireless segment;
With its pending acquisition by AT&T set to close this month, Leap Wireless released what is likely its last report as an independent carrier on its operational performance. And from looking at the results, operations have been running thin for the one-time no-contract leader.
According...
A battle of billionaires is underway in France as media company Vivendi has reportedly given bidders until March 5 to submit final offers for its telecom unit, SFR, the second largest operator in France. The two contenders are the French cable company Numericable, whose...
Westell Technologies Inc. has acquired Cellular Specialties Inc. for $39 million. CSI develops in-building wireless systems including distributed antenna systems (DAS) and small cell connectivity.
Rick Gilbert, chairman and CEO of Westell, called CSI a "great complement" to Westell's portfolio for site solutions and "an...
With its $130 billion purchase of Vodafone’s 45% stake in Verizon Wireless now complete, Verizon Communications not surprisingly said it expects to expand margins and grow revenues in 2014.
Verizon’s management said the deal will boost earnings per share by 10%; increase consolidated revenues by...
Verizon Communications announced today that it has closed on its $130 billion acquisition of Vodafone’s 45% stake in Verizon Wireless, giving the domestic telecom giant full control over its leading revenue-generating division.
The deal, which was announced last September, consisted mostly of cash and shares...
Orange, France's largest carrier, is looking to take over the triple play provider Jazztel, sources told Bloomberg News. The mobile operator Yoigo, currently owned by Stokholm-based TeliaSonera is also a potential target. The moves by Orange follow earlier reports that U.K.-based Vodafone had bid for...
Given the ever-changing conditions of the telecom industry, it's wise to stop and take a look at the sector's capital markets activity, as stock fluctuations can provide a good indication of which way a particular company is trending. Here are a few of the most noteworthy events to occur recently within telecom capital markets.
Vodafone appears ready to go shopping as its nears the closing of its $130 billion deal to sell Verizon Communications at the end of this month. CEO Vittorio Colao said that the carrier has an acquisition capacity of $30 billion to $40 billion.
The U.K.-based carrier...
German telecom giant Deutsche Telekom gained full control of its Czech Republic wireless operations, announcing plans to pick up the remaining stake in T-Mobile Czech Republic.
The deal will see DT acquire the remaining 39.23% interest in T-Mobile Czech Republic it does not currently control...
JDSU (JDSU) announced strong quarterly results and the continuing execution of its acquisition strategy. The company said it recently closed on two new deals: the acquisition of the assets of real-time network intelligence software company Trendium, as well as the purchase of Time-Bandwidth Products,...
Welcome to our weekly wrap-up of telecom software news. It's been a week of big deals and big reports in the telecom space. Verizon Communications acquired Intel Media, VMware bought AirWatch, Subex landed $10 million worth of contracts and Redknee signed a $5...
VMware is making the largest acquisition in the company's history to move into the mobile space: the purchase of enterprise mobile management and security company AirWatch for about $1.54 billion.
The purchase price includes $1.175 in cash and an additional $365 million in installment payments and...
MasTec (MTZ) has purchased Dynis for an undisclosed amount, bringing together two leading infrastructure services vendors. MasTec executes contracts for all the Tier 1 wireless carriers in the United States. Its biggest customer is AT&T - MasTec is AT&T's primary contractor for wireless infrastructure...
Resilience Capital Partners recently announced the acquisition of Mill City TEC, a provider of construction and technical services for the wireless sector and other industries.
The GSMA is the global trade association for the mobile industry, and it has a vital role to play in communicating to governments and the public. As mobile takes on a greater impact in consumers’ lives,
Welcome to our weekly wrap-up of telecom software news. CES 2014 may be dominating headlines this week, but some of the biggest stories in software came from companies not participating in CES, like Oracle announcing its acquisition of Corente or Apple announcing the $10...
Two major customer management services will join forces as Convergys Corp. (CVG) acquires Stream Global Services Inc. for $820 million, creating the second-largest such company in the world, after Amdocs. Convergys clients include AT&T and Comcast and Stream's customers include Microsoft and Salesforce.
The...
Editor’s Note: The RCR Wireless News Time Machine is a way to take advantage of our extensive history in covering the wireless space to fire up the DeLorean and take a trip back in time to re-visit some of the more interesting headlines from...
Welcome to our weekly wrap-up of everything in the world of telecom software. The amount of news has slowed some due to the Christmas holiday, but that hasn't stopped Oracle from announcing a new acquisition and the results of a recent CEM survey. Google...
Before we turn the page on 2013, we thought we would take a look back at the past 12 months by highlighting what we felt were the top 100 stories across the mobile space. Since it would be foolish to rank these in order...
You can tell it’s December by the last-minute shopping frenzy online and at the malls. But consumers aren’t the only ones lining up at the register. Plenty of mobile and wireless companies, apparently imbued with holiday spirit, have gone on a year-end shopping spree....
