Telecom services company Goodman Networks closed on its $102.4 million purchase of Multiband, and is in the process of another acquisition that marks its third deal this year.
The company has made growth through acquisition a part of its strategy, and announced last month that...
Fresh off a summer of financial gamesmanship, Sprint is looking to raise $6.5 billion through a pair of debt offerings set to close on Sept. 11. The carrier said the offerings would include one designed to raise $2.25 billion with 7.25% interest due 2021,...
Nokia Solutions and Networks (NSN) announced that Beijing Mobile, a branch of the Chinese operator China Mobile, will implement NSN's extensive quality of experience (QoE) solution, aiming to improve its customer experience by linking network performance with subscriber satisfaction and application behavior. The carrier...
Following years of speculations, Verizon Communications has finally gained full control of its wireless division, announcing a deal to purchase Vodafone’s 45% stake in Verizon Wireless for $130 billion.
The deal, which was announced today, will consist mostly of cash and shares in Verizon, with...
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...
ARM to buy SensiNode in M2M play
ARM wants to extend its success in mobile devices to the Internet of Things. The company is buying Finland's SensiNode Oy, a developer of software that helps connect low-cost, low power devices to the Internet. ARM says that...
Today’s most popular mobile devices were never designed for business purposes and unfortunately, they don’t offer the same level of security that has been built in to traditional desktop and
The battle for KPN's German business is the latest wave in a flood of mergers and acquisitions in the European telecom sector. According to Dealogic, telecom was the most active sector for European M&A during the first half of the year, representing 18% of...
As expected, América Móvil announced its intention to make a voluntary cash tender offer for the outstanding ordinary shares of KPN at a price of $3.20 per share, which implies a premium of approximately 35.4% over the average closing price of KPN's ordinary shares...
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...
América Móvil (AMX) has terminated its relationship agreement with KPN, which opens the way for América Móvil to increase its stake in the Dutch telecom group. The agreement kept América Móvil from holding more than 30% of KPN: América Móvil currently owns 29.8% of KPN. Now Carlos Slim’s...
Ruckus Wireless has acquired a location-based services company, YFind Technologies Private Limited. Terms of the deal were not disclosed; YFind specializes in indoor positioning and real-time location analytics.
Ruckus said that it "intends to enable new location-based services by combining its unique, Smart Wi-Fi technology with...
It wasn’t an easy week for U.S.-based American Tower, as a report from Muddy Waters accused the company of a $250 million discrepancy between the price American Tower said it paid for towers in Brazil ($585.4 million) and the actual sale price, which, according...
AT&T jumped aggressively into the merger and acquisition frenzy, announcing late Friday plans to acquire Leap Wireless for about $1.2 billion, or $15 per share. Analysts noted that with Leap's substantial debt load the total price is in excess of $4 billion. Leap’s stock...
Softbank officially closed on its acquisition of a 78% stake in Sprint Nextel, which cost the Japan-based operator $21.6 billion, or just slightly more than originally planned.
Operationally, the closing sees Sprint Nextel change its official name back to Sprint Corp., having changed from that...
On the heels of a positive vote from Clearwire shareholders, Sprint Nextel announced this morning that it has closed on its acquisition of the remaining stake in the carrier it did not previously own. The deal calls for Sprint Nextel to buy the...
Softbank is reportedly close to gaining U.S. government approval for its pending $21.6 billion purchase of a 78% stake in Sprint Nextel, which both companies have said they expect to close by mid-month.
Bloomberg is reporting that the deal has gained approval by two of...
Test and measurement company Anite plc announced its final results for its fiscal year, along with the news that it is acquiring one of its distributors, Genentel SAS.
Genentel distributes Anite's wireless testing software to French-speaking markets including France and North Africa, and is focused...
Bolstered by a 47% bump in the offer price, Clearwire’s “special committee” has switched alliances in throwing its support behind Sprint Nextel’s newly updated offer to acquire the remaining stake in Clearwire for $5 per share. That new offer supersedes Sprint Nextel’s previous offer...
Sprint Nextel has found a new manner in which to deter Dish Network from attempting to acquire a stake in Clearwire, filing a lawsuit in the Delaware Court of Chancery claiming the proposed deal violates state law and the rights of Clearwire stakeholders.
Sprint Nextel...
As the landscape of communications and technology services continues to evolve, and over-the-top technology vendors acquire a growing share of customer spending, telcos’ revenues and profitability are coming
AT&T divested itself of 540 million shares in Latin American-based telecom giant America Movil in a move the carrier said was designed to maintain its position in America Movil following recent share repurchases by that operator.
In a Securities and Exchange Commission filing, AT&T noted...
Emphasizing that big data's greatest benefit is the business value it brings, Gartner analysts said that CIOs must put analytics at the center of business and IT. “Application-centered today will be business analytics-centered tomorrow,” said Bill Hostmann, Gartner VPand distinguished analyst. Hostmann spoke with...
Canadian telecom provider Telus said it plans to acquire regional rival Mobilicity for $370 million, picking up the carrier’s approximately 250,000 customers. Telus is currently one of the “big three” Canadian operators that along with Rogers and Bell Canada dominate the country’s wireless market.
Mobilicity,...
