Dish Network appears undaunted in its bid to out-bid Softbank for a stake in Sprint Nextel, announcing today plans to offer $2.5 billion in senior notes to help fund its $25.5 billion offer to acquire a 68% stake in Sprint Nextel.
“The net proceeds of...
Cell site solutions provider PCTel saw its revenues grow substantially during the first quarter of 2013, with $25.1 million in revenue - an increase of 46% year-over-year.
The company said that its TelWorx acquisition accounted for 25% of the growth, with the remaining 21% of...
Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the important announcements that may slip through the cracks from the world’s largest carriers in a weekly wrap-up. Enjoy!
Consolidation was the name of the...
The past week was again littered with quarterly financial releases, merger and acquisition intrigue and regulatory uncertainty, or basically just another week for the wireless industry.
MetroPCS shareholders have reportedly approved the carrier’s merger with T-Mobile USA that will see it retain 26% of the combined operations and bolster T-Mobile USA’s spectrum position in the heated domestic wireless space.
Bloomberg is reporting this morning that the new terms gained support from...
With MetroPCS’ shareholders set to vote tomorrow on a proposed merger with T-Mobile USA, Deutsche Telekom altered the arrangements of the deal in an attempt to better tempt those investors that partnering with its U.S. subsidiary is the right thing to do.
In what it...
Investor continue to appear averse to Clearwire taking money from Sprint Nextel, as another investment firm has offered to bankroll Clearwire’s short-term money needs.
Reuters is reporting that New York-based Aurelius Capital Management sent a letter to Clearwire’s board offering to provide $80 million in...
NII Holdings, which is based in Reston, Va., announced it has sold its Peru operations to Empresa Nacional de Telecomunicaciones (ENTel) for $400 million. The deal furthers NII’s plans to focus its efforts on its core operations in Brazil and Mexico.
The deal was...
Funding news added some new twists and turns to the future of both Clearwire and Dish Networks.
At Clearwire, minority shareholder Crest Financial said it was proposing to provide the carrier with up to $240 million in financing through convertible debt that would allow Clearwire’s...
Big data is wasted wealth if you can't see what it means, so visualization software is increasingly important to companies that find themselves drowning in data. Tableau offers a lifeline in the form of software that makes statistics accessible and easy to share, and...
You may want to be sitting down for this one, and have some salt handy.
The Financial Times is reporting that Verizon Communications and AT&T are jointly seeking a potential acquisition of Vodafone Group for $245 billion. The deal would provide Verizon with 100% control...
Verizon Communications is set to take advantage of its $612 million acquisition of Hughes Telematics with the rollout of its Networkfleet solution. The offering is a fleet-management service that will work in concert with Verizon Wireless’ cellular network to provide monitoring, management and route...
Could Verizon Wireless’ current joint custody quandary soon be solved?
Bloomberg reported this week that Verizon Communications, which controls 55% of Verizon Wireless, and Vodafone Group, which controls the remaining 45%, were again in talks over a potential deal for Verizon to gain full control...
While smart companies are busy creating mobile groups to define their strategies, the smartest companies are realizing that mobile can permeate all parts of a business and that everyone needs to be part of the mobile group. This trend is clear in the latest...
The era of big data and telecom analytics has arrived for operators as they face the challenge of getting value from data, both structured and unstructured. Telecom operators are looking to use the vast amount of consumer data to benefit their business and to...
Telefónica Digital, the global digital innovation arm of Telefónica, made its first step toward delivering end-to-end services in the e-health market. The company has acquired a controlling stake in the Brazilian Axismed, a chronic care management company.
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International systems integrator and consulting company Tech Mahindra, said it has purchased a mobile device test platform from Anritsu to expand its LTE conformance and carrier acceptance testing.
Tech Mahindra is part of the $15.9 billion Mahindra Group and focuses on serving the telecommunications industry....
As 2013 begins, predictions invariably are the attention grabbing headlines. However, trends and some predictability and draw from past performance. Carriers are the foundation for service delivery and the keystone of the mobile ecosystem.
The analyst community was struck with a bit of consolidation today as The 451 Group announced it has acquired Yankee Group for an undisclosed sum. The 451 Group is owned by 451 Research and Uptime Institute, while Yankee Group was owned by private equity...
Cisco Systems has taken a deeper step in policy control and service management technology for carrier networks. The company announced yesterday its intent to acquire Denver-based BroadHop, a Wi-Fi service provider for Cisco. Financial terms were not disclosed.
Following the announcement Cisco's shares closed at $20.38...
Despite record low interest rates, raising capital has been a challenge throughout the wireless ecosystem. But some small companies are getting funded, some mid-sized firms are preparing to go public, and the biggest names in the industry are looking at creative ways to finance...
The sluggish recovery and the threat of the fiscal cliff make the capital markets uncertain territory, but the wireless industry has fared better than most in 2012. Venture capitalists have been ready to fund infrastructure plays as well as mobile apps, and the carriers...
ORLANDO, Fla. — NetCracker Technology took the opportunity at the recent TM Forum Management World Americas held in Orlando. Fla., (check out all pieces and see our videos) to show how its  acquisition of Convergys' BSS business has solidified its focus on expanded its reach in...
Smart mobility is the top trend driving technology mergers and acquisitions, but the gap between buyers and sellers is widening, and economic uncertainty is keeping many potential deals on ice.
"While most of the ingredients necessary for a deal recovery remain in place -...
