SoftBank sell-off continues as it flogs Brightstar
Even flogging Arm and much of its eponymous Japanese operator isn’t enough to cover SoftBank’s speculative positions, it seems.
Even flogging Arm and much of its eponymous Japanese operator isn’t enough to cover SoftBank’s speculative positions, it seems.
The biggest piece of M&A in the Ekholm era is designed to bolster Ericsson’s direct-to-enterprise offering.
Shareholders of Spain’s Másmóvil have voted overwhelmingly in favour of a €3 billion takeover deal that will take the company private.
América Móvil is not planning to build on its presence in the US mobile market, despite its Tracfone business having built up a sizeable customer base.
Performance chip maker Nvidia wants to buy chip designer Arm, but with many of Nvidia’s direct competitors also Arm customers it’s hard to see how the deal could be approved.
TikTok parent ByteDance is banking on a partnership with Oracle to keep its video-sharing app up and running in the US without having to sell it outright.
Patrick Drahi, the founder and 40% shareholder of telecoms conglomerate Altice Europe, reckons the time is right to take it private.
GTT Communications has been seeking a buyer for its infrastructure business for most of this year and now looks to have a serious offer at a price that should find favour with its board and shareholders.
Altice USA was prepared to drop US$3.6 billion to extend its footprint in the eastern US, but Canada’s Cogeco declined to sell it the assets it sought.
Swiss operator Salt Mobile has been given the go-ahead by a US court to subpoena Liberty Global chairman John Malone and CEO Michael Fries.
TIM. The Italian incumbent will get its wish to control the country’s proposed single high-speed network, if it agrees to a plan the government is about to present to its board.
French telco magnate Xavier Niel is mulling legal action to block UPC Switzerland’s acquisition of Sunrise.
Cellcom has completed the acquisition of smaller rival Golan Telecom in a deal that will help it to build some scale but is unlikely to address competition issues in the Israeli market.
TIM and the Italian government appear to be approaching common ground over the future of Italy’s broadband network.
Masmovil’s proposed takeover bid undervalues it by around €1 billion according to one of its smaller investors.
BT’s share price has jumped on a rumour that it is preparing to defend itself from a potential £15 billion takeover bid.
Having tried and failed to do it the other way around, the parent of UPC Switzerland has decided to take Swiss consolidation into its own hands.
Two years after they concluded their bitterly fought litigation, telecoms software firm Amdocs has buried the hatchet with BSS vendor Openet by buying it.
There are further signs that Softbank wants to flog UK mobile chip designer Arm to compensate for its reckless investment strategy.
The apparent SoftBank fire sale looks set to continue with the rumour that even crown jewel ARM is on the table.
https://t.co/TiqMhWaIFG Intelligence recently undertook an industry survey into 5G's first year performance. Read t hhttps://t.co/jer3lJiwFR
18 September 2020 @ 12:30:38 UTC
SoftBank sell-off continues as it flogs Brightstar https://t.co/MPelrPNuwk #Corporate #Funding
18 September 2020 @ 12:14:02 UTC
Smartphone market headed for mid-range mediocrity https://t.co/lzASimT7Ju #HandsetsDevices #forecast
18 September 2020 @ 11:07:32 UTC
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