Altice USA has agreed to acquire North Carolina-based Morris Broadband, which serves about 36,500 customers in the western part of the state. The transaction values Morris at $310 million.
Altice already operates its Suddenlink business in North Carolina and this will expand the company's...
U.S. distributed antenna system (DAS) and Wi-Fi provider Boingo Wireless says it has agreed to be acquired by an affiliate of Digital Colony Management in a deal worth $854 million.
The transaction will take Boingo from being a public company to being a privately held...
Liberty Global CEO Mike Fries said that a merger of its Virgin Media UK brand with Telefonica’s local mobile operator O2 was on track to be completed this year, citing positive progress being made with regulators.
The executive noted the transaction was expected to meet...
Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the top headlines from the past. Fire up the time machine, put on the sepia-tinted shades, set the date for #TBT and enjoy the memories!
Nokia crowns itself...
The acquisition gives Extreme Networks an edge in cloud management and Wi-Fi 6
In some ways, software-driven networking company Extreme Networks’ path to acquiring Aerohive Networks, a cloud-management networking company, began four years ago. That was when Extreme began assessing where its strengths and weakness were, Norman...
Merger and acquisition activity in the U.S. technology, media and telecommunications (TMT) sector will be robust at least well into 2019, driven by several factors, indicating higher M&A valuation for companies in this sector.
Merger and acquisition activity in the global TMT sector reached an...
Vodafone and TPG also created a new joint venture focused on 3.6 GHz spectrum acquisition
United Kingdom-based Vodafone Group confirmed that Vodafone Hutchison Australia (VHA) has agreed to merge with local telco TPG Telecom to create a new integrated telecommunications operator in Australia.
Vodafone said that...
T-Mobile CEO says combination will prompt increased 5G investment by AT&T, Verizon
As company executives work Washington D.C. circles to develop support for the proposed merger, T-Mobile US and Sprint are making their case for regulatory approval with a joint public interest statement filed June...
Judge Richard Leon called government's case against the merger "weak"
“If there ever were an antitrust case where the parties had a dramatically different assessment of the state of the relevant market and a fundamentally different vision of its future development, this is the one,”...
AT&T plans to close the merger on or before June 20 to avoid break-up fee
A federal judge has approved AT&T's $85 billion acquisition of Time Warner, with no concessions or restrictions on the vertical merger -- and advice to the Department of Justice not...
ExteNet Systems added to its fiber optic holdings today with the completion of its acquisition of Axiom Fiber Networks; terms of the deal were not disclosed.
Axiom owns a 20-mile, 864 strand count core network the company describes as "purpose built to support solutions requiring...
Digital transformation specialist Happiest Minds Technologies acquired IoT firm Cupola Technology
Indian IT company Happiest Minds Technologies has announced the acquisition of IoT specialist Cupola Technology. Happiest Minds Technology focuses on next generation digital transformation, infrastructure, security and product engineering services. The firm said that...
Webpass CEO said Google Fiber acquisition to 'accelerate deployment' of fiber network
San Francisco-based internet service provider Webpass, according to company President Charles Barr, will be acquired by Alphabet subsidiary Google Fiber, which is the technology giant's residential fiber internet and TV service.
Webpass provides business...
The French telcos started talks in January
French telecom operator Orange decided to put an end to merger talks with smaller rival Bouygues Telecom, according to Orange.
“After in-depth discussions, the board of directors of Orange has concluded that an agreement regarding a possible consolidation with...
The transaction is expected to be completed in Q1 2016
Shareholders of Finnish telecom equipment manufacturer Nokia approved the proposed $16.5 billion acquisition of French-based supplier Alcatel-Lucent.
Nokia has obtained all the regulatory approvals required to proceed with the proposed transaction. In April 2015, the two vendors...
Nokia's offer to buy France's Alcatel-Lucent for $17.5 billion represented further consolidation of the telecom infrastructure market. The joining of these two European network giants appears to have left only three global players: Ericsson, Huawei and the new Nokia to be created by this acquisition. But oddly...
The rumors about these two companies coming together have been heard around industry conferences and water coolers for years now. It seems there’s a good reason for that. As shared in this morning’s press conference, they aren't rumors any longer, which supports the old...
While a flurry of telecom deals are underway in Europe, the new European Union competition commissioner, Margrete Vestager, is starting to stake out a position against too much consolidation on the continent. Speaking in a video interview with The Deal, Vestager said that she...
VimpelCom selling Djezzy for $2.6B
While other carriers look for mergers and acquisitions in Europe, two major Dutch telecoms are shrinking their asset portfolios.
VimpelCom recently announced it is selling its 51% stake in Algeria's Djezzy for $2.6 billion. The Amsterdam-based telco and its subsidiary Global Telecom Holding...
Reports indicate pair of moves by German telecom giant
Germany's largest phone company, Deutsche Telekom, is looking to sell the country's most popular Internet portal, T-Online, according to newspaper reports. Company sources told Wirtschafts Woche that the giant telco is in talks to sell T-Online to the...
TeliaSonera and Telenor today announced they will merge their operations in Denmark. The two Nordic operators will each own 50% of the joint venture, and the combined company will command 40% of the Danish mobile market with 3.5 million subscribers and expected annual revenues of...
