Exfo founder boosts offer to take company private
Germain Lamonde, who founded Canada’s communications-sector test, monitoring, and analytics equipment maker Exfo and is its majority shareholder, has boosted his offer to take the company private.
Germain Lamonde, who founded Canada’s communications-sector test, monitoring, and analytics equipment maker Exfo and is its majority shareholder, has boosted his offer to take the company private.
KPN has secured a €1 billion credit facility that is linked to its own sustainability goals, a further sign that telcos are taking this stuff seriously.
Last week the Indian Supreme Court rejected another appeal to lower the amount of money operators owe the government and it looks like Vodafone is running out of patience.
Indian operator group Vodafone Idea is struggling for customers and for the cash it needs to keep its business afloat.
Orange Poland has become the latest major telecoms operator to seek out a joint venture partner to help it fund the rollout of fibre infrastructure.
T-Mobile is tapping the bond markets to raise US$3 billion that will help to fund its upcoming spending on spectrum.
Softbank has a acquired a 9.69% stake in Norway’s Kahoot! at a cost of US$215 million, and is reportedly looking for external funding for a new acquisition vehicle.
Things have not gone according to plan for hot, new streaming service Quibi this year, so now it’s apparently exploring its strategic options.
Even flogging Arm and much of its eponymous Japanese operator isn’t enough to cover SoftBank’s speculative positions, it seems.
Reports from India suggest beleaguered telco Vodafone Idea is considering a share sale and even investment from Verizon to keep it alive while it pays off the government.
Despite raising $41 billion already this year, Softbank reckons it needs a bunch more cash to protect itself from the effects of a COVID-19 resurgence.
It seems the market for Nokia-inspired phones is a durable one, with three major telecoms players deciding to double-down on their investments.
Credit rating agency Moody’s has dampened enthusiasm for US wireless entrant Dish, downgrading its credit rating on the grounds it will need a major cash injection to be a valid competitor.
Video streaming tech vendor Technicolor has been trying to restructure its debt for most of the year and seems to have finally got somewhere.
Japanese conglomerate SoftBank had a nightmare quarter thanks to massive losses at its Vision Fund investment arm and it might need to raise a few yen quickly.
Private equity firm Silver Lake has shelled out $750 million for a 1.15% stake in the Indian telco, which represents a 12.5% premium on the price Facebook recently paid.
The UK Treasury has announced a new scheme which will see as much as $1 billion made available to UK SMEs who are struggling financially during the COVID-19 outbreak.
Social media giant Facebook seems set to continue its push into telecoms with a major stake in India’s dominant operator group.
Finnish kit vendor Nokia is mulling new ways of improving its bottom line according to a report.
The World Bank has selected Progressus to head-up the second phase of its ambitious African Regulatory Watch Initiative (RWI).
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